Hi Everyone! Happy Holidays! I'll keep the news short for today.
Housing boomed in North County. The median price of a single-family home in North County, and in California as a whole, has roughly doubled in the last five years. That familiar statistic implies that virtually anyone who bought in 2000 and sold five years later reaped a profit. California and the rest of the U.S. benefited from low interest rates, enabling people to buy more expensive homes than they otherwise would have been able to afford, said Jim Klinge, a Carlsbad-based Realtor. And in San Diego County, price increases of about 20 percent a year became expected, encouraging people to buy at any cost, in the expectation of sure profits. Click here to read more.
~Tina Jan~
Coldwell Banker Kivett-Teeters
1655 E. Sixth St.
Beaumont, CA 92223
Work: 951-845-5520 Ext. 105
Fax: 951-845-4916
Cell: 909-446-2666
Toll-Free: 1-877-TINAJAN
tina.jan@coldwellbanker.com
www.tinajan.com
No comments:
Post a Comment
Thank you for commenting!