People just love to buy a second home in San Diego because they can use the properties as places to stay when they want to enjoy their vacation in a place that has all the perks of a modern city while also providing them with the chance to enjoy the carefree atmosphere of the beach.

A vital component of the San Diego real estate market is made up by the condos because they provide fantastic views of the water and the city's skyline to those who are able to acquire units in the strategically located buildings. Meanwhile, in the downtown area, there are many places to enjoy the movies, good food, wine and other conveniences that a city usually has to offer.

These factors had actually contributed to the unusually high rise in the prices of condominiums and residential homes in San Diego during that period before the housing crisis. In fact, the city had suffered from a decline in its population during that time when the prices of San Diego real estate properties had become too high.

Naturally, San Diego real estate was badly hit when the housing bubble burst because of the inflated prices. Speculators who had hoped to make a tidy profit by flipping properties had contributed to the unusually high prices before the crisis. After the crisis, they simply abandoned their properties and watched some of them go into foreclosure.

Currently, the market is once again ripe with opportunities for real estate agents and buyers. The significant drop in prices is attracting investors and buyers. After the drastic decline in prices, homes and condos in downtown San Diego have once again become affordable and San Diego real estate investment is stronger than ever.