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Downtown San Diego Real Estate – Comparison Cash vs. Financing

By Mike in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2011 with 0 Comments

Downtown San Diego Real Estate - Comparison Cash vs. FinancingThe graph above is something that we as Downtown San Diego Real Estate specialists like to present to be able to show stability and confidence in the Downtown San Diego housing market. Cash sales have represented well every month with a +40% average for cash transactions. Of course the most interesting number is the price of the units sold. 73% of the total of 733 units sold were under the price range of $500k. Another interesting point to note is the cash incentives on higher end Downtown San Diego Condos and Downtown San Diego Lofts. Even if there was a loan used, buyers would like to take advantage of low interest rates by putting in enough cash to obtain a loan at the conforming limit of $417k. ')}