San Diego is a beautiful city and property here will always be desireable. As most of the rest of the US, we've seen significant reductions in pricing and it is a very opportune time to make a purchase. There are analysts that are predicting a housing shortage in San Diego within 3 years.... so buy in the near future!
San Diego Specialist
Residential Sales and Appraisal
As other agents have answered before, it is absolutely possible if you can qualify.
You do have to be aware though that for foreign nationals requirements are at least 30-40% down.
Are you comfortable with that?
Also are you thinking of selling your home in order to make a purchase here?
He's a great loan officer and will walk you through the easy process so you'll know exactly what it will take to buy a home right now and let you know what saleprice you should be looking in. Then he'll call me to confirm the amount you qualify for and I'll begin sending- you listings based on how much you can afford to purchase and in the areas you're most interested in.
Thanks and have a great day!
Keith E. Green
If you are planning on getting a loan it is very important to speak with a mortgage broker before your begin your search. While yes it is very likely that you will be able to get a loan, usually there are added guidlines to foreign nationals.
Along with the extra rules many banks are requiring heightened down payments for non U.S. Citizens.
Best of Luck!