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We left San Diego almost 2yr ago to NC in hopes of a better cost of living. I recently applied for a job in San Diego ( am dying to get back there!), but am wondering now w/ the housing/loan crisis if I might possibly have a chance at buying something in the area? I have 2 young children, but a townhouse or large condo would due...where are the better schools? (still Poway?). What about foreclosures?
I am an RN, with good credit, and would be a first time home buyer....
thanks....any advise would help!
Prices are going down in San Diego County, this area has been hit real hard in this mortgage mess so you would be very likely to find a place that you could not afford a couple of years ago.
Poway still has a very good school system and if you have not checked out the San Diego sub-forum under California like DMenscha suggested, you should. There is a school performance map there that will answer your questions about the better schools in the area.
Yes maybe for a house but the OP did mention a condo or townhouse which would be more affordable. It is worth checking into, Realtor.com is a good place to look. Good luck to you.
You'll probably want to check out the areas first anyway. If you have to commute to work, you'll learn a lot more by renting first. The market is still in the declining trend, however, the further away you are from the ocean, the more it has declined (the coastal areas have not gone down as much).
I would recommend you speak with a Lender and Realtor to review what you can afford and what you specific home requirements are. Without those aspects being looked at first you are just guessing. SD pricing has come down, RN positions are available, rents are high due to the lack of rental inventory. But SD is a big county and there are plenty of options. Don't hesitate to contact if you want some referrals for the area to begin your research.
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