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North San Diego Coastal Real Estate Update

North San Diego Coastal Real Estate Update October 30, 2009

In the North San Deigo Coastal Real Estate there are 1924 active listings or detached and attached homes with 1495 pending/contingent sales on October 30, 2009. The level of inventory is getting low in the $750,000 and below market with only 2.6 Months Supply of Inventory. In the 1 million plus range there are many homes to choose from with 15.6 Months Supply of Inventory.

To see what is happening in your neighborhood Click Here.

We are at or near historically low mortgage rates, this may change now that the Federal Reserve may be done with it's buying spree of Mortgage Backed Securities. 1 year LIBOR is at 1.2%, if you have an adjustable rate mortgage based on the one year LIBOR rate you may be in for some good news when your rate adjust if that is scheduled to happen soon.

 

Also if you are looking for a home and want to plug into some great new technology use our Mobile Phone home search tool.

You can see active listing for sale now right where you happen to be by using the GPS function or search an address as well. If you to pull up in front of a home and there are no flyers check out photos and more with out getting out of your car. To search for homes on your iPhone or other Mobile device just click here.

Here are some coastal foreclosures and pre-foreclosures.

 



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Posted on October 30, 2009 22:36:42
Posted by: Loren D. Sanders
Loren D. Sanders

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