<p>munchkin, look at the following link, foreclosure homes from Countrywide. Some properties near the beach are getting very reasonable. 2BR condo for around $160K.</p>
<p><a href=“Home Loans and Current Rates from Bank of America”>Home Loans and Current Rates from Bank of America;
<p>^Thank you Columbia_Student. I will take a good look at it tomorrow, my brain is fried tonight. The site is not the easiest to search, I have to sequentially search for the cities we are familiar with. Which properties are close to the beach ? </p>
<p>We were not looking anywhere near to any beach. We think it is out of our reach. :o at SoCal anyway. </p>
<p>We had been looking around a golf course area, even though we don’t golf we like the surroundings. A two Br/2bth cost way more than $160,000. All I can say is, properties are being sold under us left, right and center and every property we were interested in, ie. reasonable asking price, had already multiple offers.</p>
<p>My S is also looking for a condo to buy. Anyone familiar with condos in Newport Beach ?</p>
<p>columbia_student:</p>
<p>Which listing number did you see near the beach for 160K? I didn’t see any in North County but I skipped Oceanside.</p>
<p>munckin, I did all on the city.
ucsd<em>ucla</em>dad, maybe I went looking on at realtor.com, I found a condo in LN for $160K.</p>
<p>Have you looked at any listings for condos in the UTC, University City area? There may also be some condos in Clairemont that would be older but may be low priced. These are all very good central areas of San Diego. If you are look further to the east have you checked out San Carlos, Del Cerro or Tierrasanta?</p>
<p>We are close to UCSD and not too far from the beach and although prices in our area have gone down, our townhouses are still selling for more than $500K.</p>
<p>^^ However, there are some 2br condos in the UTC area that are <300K now. When I looked a couple of years ago they were higher (I was considering buying as opposed to paying rent for my UCSD D but decided home prices must have been near the peak and didn’t buy - good thing). Finding one with no one above or below and especially one with an attached garage, more of a townhome like you say, pushes the price up - especially in that area.</p>
<p>I like that UTC, University City area though. It’s nice and newish, not run-down, close to very nice beaches, major shopping, UCSD, not far from downtown, etc. They’re also much easier to rent out if someone wishes due to the great numbers of UCSD students looking to rent. I think it’s a great choice for an area to buy a condo.</p>