Transit Projects Improve Traffic Near San Diego Bank Homes
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Published: Monday, May 18, 2009
Buyers of San Diego foreclosures got a big helping hand getting to and from their new homes this week when the San Diego County Association of Governments (SANDAG) awarded nearly $10 million in highway transportation grants to fund transit improvements. Lemon Grove, Chula Vista, San Diego and other cities throughout the county received the funds from SANDAG Board, which administers the funds collected by an additional 1/2 cent sales tax approved by voters.
The funds couldn't come at a better time, considering how buyers of Chula Vista foreclosures and bank homes in San Diego are flocking to San Diego County, thanks to historic low interest rates and large numbers of foreclosures in San Diego County on the market. Earmarked for transit programs that will enhance development various portions of the county, these funds will most likely be used for rail hubs, commuter transit lanes and other programs that enhance livability in San Diego.
San Diego Foreclosures Buyers Likely to See Shorter Commutes
Once the entire $10 million has been spent and transit projects constructed buyers of foreclosures in San Diego will likely see shorter commutes and enhanced quality of life. Homeowners regularly cite length of commute and traffic conditions as a key factor in selecting their new homes and it is anticipated these Smart Growth funds will help several communities that are attracting new residents through the purchase of quality San Diego bank homes. Downtown San Diego foreclosures should see a particular improvement in traffic conditions as a result of several projects currently on the drawing board, and these new funds will speed construction, according to transit officials.
Don't let traffic worries keep you from realizing your dream of homeownership. San Diego County is working diligently to keep traffic flowing and get you where you're going with speed and efficiency. Whether you are looking for a downtown condo or beautiful El Cajon foreclosures or Oceanside bank homes, contact Richard Elias today at 1-800-474-1919. He can help you find the San Diego bank owned home that is right for you before all the best San Diego County foreclosures are gone.
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About this Page: San Diego foreclosures benefit from new transit projects across the county. Richard Elias explains what the $10 million in Smart Growth funds will pay for and what it means for buyers of San Diego bank homes.
Transit Projects Improve Traffic Near San Diego Bank Homes
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