422 F street, in town-Ramona $305,000

click here for virtual tour SHORT SALE. CUTE 3 BEDROOM HOME WITH FENCED BACK YARD. CLOSE TO ALL: SCHOOLS, SHOPPING, ETC. DO NOT ENTER PROPERTY WITHOUT APPT W/LISTING AGENT. Call Regina for appt#619.606.3513

OPEN HOUSES IN Ramona: Saturday July 19th- 266 Woodmeadow (11-1) & 23929 Barona Mesa (2-4)

266 Woodmeadow Lane $529,000 VIEWS & PRIVACY! PANORAMIC VIEWS OF VALLEY+MOUNTAINS. DESIRABLE LOCATION ON SECLUDED PVT. EASEMENT RD. 4.86 ACRES-A 70 ZONING. ROLLING LAND IS USABLE AND FULLY FENCED, PERFECT HORSE PROPERTY. PLENTY OF ROOM FOR PASTURE, ORCHARD, RV, VINEYARD, GARDEN, ANIMALS & MORE. THIS SINGLE STORY HOME HAS SPACIOUS FLOOR PLAN THAT OPENS TO BEAUTIFUL DECK W/ VIEWS THAT STRETCH AS FAR AS THE EYE CAN SEE. LG HOME ALSO BOASTS DBL DOOR ENTRY, 2 COZY FP’S, 3 CAR GARAGE, LAUNDRY ROOM & MUCH MORE. WITH TLC THIS HOME COULD BE AN EXQUISITE PROPERTY. PROPERTY SOLD “AS IS” IN CURRENT PHYSICAL CONDITION. 23929 Barona Mesa Rd $524,000______________________________ NEW 2014 CUSTOM HOME!! This home has so many modern amenities, we can’t list them all. This stunning 1 story home has an open spacious floor plan & is the most energy efficient home on the market. With designer touches & quality upgrades, there is no home like it in SDCE. This beautiful home on the “Golf Course Side” of SDCE will not last long. With spacious parking (including RV) & great views, everyone will want this home BUT only one will own it. Come for the views…stay for a lifetime!!

Market update January 2014

INFO THAT HITS US WHERE WE LIVE... Confirming the insight of the Hibernian bard, the housing market happily kept growing in December. Existing Homes Sales went up 1.0%, to a 4.87 million annual rate. For all of 2013, 5.09 million existing homes were sold, up 8.9% from 2012, and the best annual sales level since 2006. Yes, existing home sales have slowed over the past few months, but this situation is not expected to last. Analysts observe that a lack of inventory has been leading some potential existing home buyers to purchase new homes instead. Existing home inventories, in fact, dropped 9.3% in December, close to all-time lows. Observers see more homes coming onto the market this year, as prices move higher. Right now, existing home median prices are up 9.9% versus a year ago, to $198,000. Average prices are up 8.6% over last year. The FHFA index of prices for homes financed with conforming mortgages went up 0.1% in November. This was the smallest hike in 16 months, but the index is up 7.6% over a year ago. Economists expect home prices to keep edging up, though not as much as last year. They feel that as home builders ramp up, the additional supply will slow the rate of price gains compared to last year. CLICK HERE TO READ ENTIRE ARTICLE BY GUILD MORTGAGE

Poking holes in Mortgage Reform

Getting this mortgage mess in order may be harder than we thought.

Don't rush to pay off that mortgage

http://articles.moneycentral.msn.com/Banking/HomeFinancing/DontRushToPayOffThatMortgage.aspx

Mortgage Advise

For questions on a mortgage click here.