Advice for Buyers

Escondido home buyers should be aware as long as incentives are in place Escondido home sales in the conforming loan ranges will be brisk.
Get pre-qualified with a reputable lender like HomeServices Lending powered by Wells Fargo.  Keep mortgage interest rates in perspective
with Escondido real estate prices. The historical median for mortgage interest rates is 9%, over three and a half points higher than it is today. Home prices are almost where they were ten years ago in some areas of Southern California. If you pay a higher interest rate now than last month, remember you’re way ahead on price.

The graph below shows how many months of  home inventory is on the market by price.  For more information, contact Gary Harmon, you informed Escondido Realtor.  Please click on graph to enlarge.