Great news going into the weekend.  We have seen a nice drop in rates over the last week, about 0.50% across the board.  This drop equates to an increase in buying power and an increase in buying options. Increased buying power, four examples with a 30 year fixed: A payment of $1,565 at 5.25% equated to a loan amount of $283,400.  Same payment but at 4.75% equates to a loan amount of $300,000.  Loan amount increase of $16,600. A payment of $2,175 at 5.25% equated to...continue reading...

Visit the state's second largest street fair in downtown Escondido tomorrow from 9am till 5pm!  The Faire is sponsored by the Escondido Chamber of Commerce and the Downtown Business Association. More than 60,000 people converge to check out the 600 unique vendors, who have a little of everything: arts and crafts, home improvement area, unique clothing, food from around the world, and more.   Children's rides, animal demonstrations by the San Diego Wild Animal Park, and an old-fashioned pancake breakfast guarantee...continue reading...

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On November 6, President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 into law, extending and expanding the important home buyer tax credit, and thereby providing many Americans with just the break they need to buy a first home or move up to a new home. One of the requirements for becoming a Member of the Top 5 in Real Estate Network® is to provide my community with critical real estate information...continue reading...