News you can use!
Overall home prices are down to 2003 prices; mortgage rates are down to 1940 levels!
Currently rates are at 3.875%. On a $500,000 loan, that means your monthly payment would be $2,351.00
(with a 30-year fixed principle and interest loan)
Thinking about a refi? contact: Ryan.Hargrave@GuaranteedRate.com

There are few homes on the market, but there are some great deals to be found.

Because of the record low housing inventory, this is a GREAT time to sell!

It is once again less expensive to own than it is to rent.

Have more questions? I have answers, give me call! 760-271-9971

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What do the numbers say?
Detached homes in North County increased 3.48% to $413,938 in December 2011 from
$400,000 in November 2011, countering last month’s fall.
(send me an email for the full HomeDex report.)

December was a busy month for Encinitas 92024.
Which currently has 122 detached homes on the market with an average list price of 1,422,000.
81 detached homes are under contract or are in escrow for purchase.
35 detached homes sold in December with an average sales price of 1,021,000.

For the long term health of the real estate market, keep your eye on interest rates and even more so, on unemployment, which as of last reporting is at 8.5%
(click the following link for historic unemployment numbers)
Historic Unemployment Rate

Cheers!