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Escondido, CA Real Estate News

By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
What’s the Value of my Escondido Home? Escondido Home Sales for February 2025 Escondido is inland in North San Diego County, approximately 20 miles east of the beaches, and bordering San Marcos, Fallbrook and Valley Center. It’s essential that buyers and sellers in the Escondido housing market have up-to-date information about the local market conditions (Read More: Real Estate Is Local…But HOW Local?) in order to make informed buying and selling decisions about Escondido homes for sale. READ MORE:A Tour of Escondido – A Diverse Inland San Diego Community The following data are taken from the MLS (private sales are not included, nor are multifamily properties, or mobile and manufactured homes). This information is believed to be reliable at the time this market report was written but no...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 12, 2009, 8:00 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS prices are down -1/32 from Tuesday's close. Jobless Claims came in a little lower than expected. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Unchanged at 5.08% on Nov.11 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.593% Down 0.02%. 10 Year Treasury Currently 3.480% Down -0.02% DJI Stocks $10,277.95,  Down -13.31, -0.13% European and Asian Markets Up 0.087% Nymex Crude Oil Currently $78.20 Down $1.08 Take 5 minutes to watch this humorous and educational video... The big bailout banks find another way to rip off the consumer... just in a nick of time fo...
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Hello and Welcome to Elfin Forest California Free Foreclosure Auction Search, Bank Owned REO, Short Sales, and Homes for Sale. November 10th, 2009 Understanding the foreclosure property auction (also known as Trustee Sale) process takes time, due diligence, and understanding.  Saavy Real Estate investors can find some of the best deals around buying at these auctions, but is it right for everyone?   We would like to help explain further about these auctions and the benefits and downsides of buying Real Estate at them. Here are some of the latest statistics from Foreclosure Radar hot off the press for September 2009.  If you are unfamiliar with some of the following terms please read below for further explanations. Notice of Defaults for California rose by 1.08% to 37,417 filings. Notice...
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Hello and Welcome to Escondido California Free Foreclosure Auction Search, Bank Owned REO, Short Sales, and Homes for Sale. November 10th, 2009 Understanding the foreclosure property auction (also known as Trustee Sale) process takes time, due diligence, and understanding.  Saavy Real Estate investors can find some of the best deals around buying at these auctions, but is it right for everyone?   We would like to help explain further about these auctions and the benefits and downsides of buying Real Estate at them. Here are some of the latest statistics from Foreclosure Radar hot off the press for September 2009.  If you are unfamiliar with some of the following terms please read below for further explanations. Notice of Defaults for California rose by 1.08% to 37,417 filings. Notice of...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
It was the best of times and then it was the worst of times, until it was the best of times again, before returning to the worst of times, which lasted until it was the best of times once more, and then settling into being the worst of times... which became the best of times and then... What bothers me most about Soros and his merry band of financial thugs is on one hand they portray themselves as liberal thinkers, looking out for the little guy, while crushing the little guy in the other. A Tale of Four Trial Modifications at IndyMac Bank by Mandelman The Story You Are About to Read is 100% TRUE... IndyMac Bank, now One West Bank, whose major shareholders include liberal billionaire George Soros and his young ward, computer industry all-around good guy, Michael Dell, appears to have em...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
The North San Diego County and Escondido Realtors® are collecting again-making care packages for the troops. Just over a month ago, local Realtor® donations made it possible for us to send 108 large boxes of goodies to our troops living in caves in Afghanistan. It's amazing that despite the fact that many agents are having trouble make ends meet, contributions for our troops are flowing in. The collection is ongoing and now North San Diego County and Escondido Realtors® are trying to get together the holiday care packages: toothbrushes, toothpaste, magazines (old and new), books, almost anything at all. Personally, aside from a bunch of other sundries, I'm going to include my kids' Halloween candy. I've gotta get it out of the house, and I cannot think of a better cause! If you are inte...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 11, 2009, 11:30 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS markets will be closed on Wednesday for Veterans Day. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Unchanged at 5.08% on Nov.11 10 Year Treasury Currently 3.480% Down -0.02% DJI Stocks $10,277.58,  Up 30.61, 0.3% European and Asian Markets Up 0.723% Nymex Crude Oil Currently $79.27 Up $0.22 Take 5 minutes to watch this humorous and educational video... The big bailout banks find another way to rip off the consumer... just in a nick of time for them, but not for us. See TBWS Video Rates 11-11-09, 11:45 AM PT 30 Year Fixed to $417,000Rate 4.75%  Point 0.625,  A...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 10, 2009, 1:15 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS prices are up +4/32.  No economic data came out today. Demand was close to average for the 10-Yr. Treasury auction with oreign investors purchasing 47% of the total.Wednesday, Mortgage markets will be closedThursday, Jobless Claims will be released at 8:30 ET, and there will be a 30-yr Treasury auction at 1:00 ET. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Down 0.01% at 5.08% on Nov.10 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.613% Down 0.06%. 10 Year Treasury Currently 3.470% Down -0.05% DJI Stocks closed the day at $10,246.97,  Up 20.03, 0.2% Eu...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 10, 2009, 9:45 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS prices are up +9/32. There will be a 10-yr auction at 1:00 ET. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Down 0.01% at 5.08% on Nov.10 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.613% Down 0.06%. 10 Year Treasury Currently 3.460% Down -0.06% DJI Stocks $10,207.59,  Down -19.35, -0.19% European and Asian Markets Up 0.057% Nymex Crude Oil Currently $78.45 Down $0.98 Take 5 minutes to watch this humorous and educational video...  The big bailout banks find another way to rip off the consumer... just in a nick of time for them, but not for us. See TBWS...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 9, 2009, 3:00 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS prices closed Monday higher at +5/32. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage UP 0.02% at 5.09% on Nov.9 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.673% Down 0.046%. 10 Year Treasury Currently 3.490% Down -0.08% DJI Stocks $10,226.94,  Up 203.52, 2.03% European and Asian Markets Up 1.878% Nymex Crude Oil Currently $79.25 Up $1.82 The big bailout banks find another way to rip off the consumer... just in a nick of time for them, but not for us. FHA is back in the spotlight. They didn't produce the audit that was due yesterday. Another credit tip fr...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 9, 2009, 11:00 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS prices moved slightly higher and are up +4/32. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Down 0.01% at 5.06% on Nov.9 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.673% Down 0.046%. 10 Year Treasury currently 3.470% Down -0.1% DJI Stocks $10,196.18,  Up 172.76, 1.72% European and Asian Markets Up 1.878% Nymex Crude Oil currently $79.86 Up $2.43 The big bailout banks find another way to rip off the consumer... just in a nick of time for them, but not for us. FHA is back in the spotlight. They didn't produce the audit that was due yesterday. Another cr...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Kay, my lovely Mensa wife, reads the San Diego Union Tribune from cover to cover every morning while I peruse the funny papers; blessed is SDUT to offer two full pages.  You can immediately see it is a perfect marriage because we never have cause to fight over the morning paper. While Kay is concerned with pesky facts, (she never loses an argument) I pursue a funny papers inspired overview where there is much to be learned.   Below are some selections from Thursday, November 5, 2009. Take Dilbert for example, In three small panels Scott Adams teaches us three life lessons, maybe four. Not to mix our meds. The origin of racism. Political and criminal philosophy.  Of course, this does not apply to your politician(s)  eh... eh... eh In Leaf Zone Ahead and Falling Leaves Next Ten Feet Glenn...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 6, 2009, 1:30 PT RATE LOCK ADVISORY Lock Advice:  FLOATToday has been an extremely volatile session.  After reaching a Morning low of -2/32,  MBS prices turned higher again and are now up +8/32, above 9:45 ET pricing of +5/32.  MBS Prices were helped by a higher than expected Unemployment Rate of 10.2%.  The number of jobs lost in October was -190K, close to the consensus. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Down 0.01% at 5.07% on Nov.6 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.719% Down 0.009%. 10 Year Treasury currently 3.50% Down -0.07% DJI Stocks Closed today at $10,023.42,  Up 17.46, 0.17% Euro...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 6, 2009, 9:00 AM PT RATE LOCK ADVISORY Lock Advice:  FLOATIt has been an extremely volatile session this morning.  After reaching a recent low of -2/32, MBS prices turned higher again and are now up +7/32, above 9:45 et pricing of +5/32. Initially, MBS Prices moved higher after the Unemployment Rate jumped to 10.2%, which was higher than expected.  The number of jobs lost in October was -190K, close to the consensus. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Down 0.02% at 5.06% on Nov.6 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.719% Down 0.009%. 10 Year Treasury currently 3.510% Down -0.06% DJI Stocks $10...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 5, 2009, 8:30 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS prices are up +3/32. Productivity rose far more than expected in the third quarter. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Unchanged at 5.08% on Nov.4 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.728% Down 0.015%. 10 Year Treasury Currently 3.530% Down -0.04% DJI Stocks $9,974.45,  Up 172.31, 1.76% European and Asian Markets Up 0.498% Nymex Crude Oil Currently $80.25 Down $0.15 The big bailout banks find another way to rip off the consumer... just in a nick of time for them, but not for us. FHA is back in the spotlight. They didn't produce the aud...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Tax Credit Extended By Senatefor First Time Home BuyersIt looks like the bill is very getting close to the President's desk.  As of Wednesday November 4, 2009 the Senate officially passed the extension of the first time home buyer tax credit. The bill will now move into the House, and then to the President's desk for a signature. The Senate has passed a 6 months extension on the first time home buyer tax credit of $8,000. Hopefully this extension will encourage more people to buy homes and help the housing industry bounce back quicker. There is an $800,000 maximum for the purchase price of the home, and 2 income caps which have been set. First, if the couple makes a joint income of $225,000 or higher they will not be eligible for the first time buyer credit, and if an individual makes a...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 4, 2009, 1:15 PT RATE LOCK ADVISORY Lock Advice:  FLOATAs expected, the Fed made no change in the fed funds rate. There was also no change in the language indicating when the Fed would begin to raise rates. MBS prices closed down -2/32, above 9:45 ET pricing of -5/32.  RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Unchanged at 5.08% on Nov.4 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.743% Up 0.044%. 10 Year Treasury Currently 3.520% Up 0.02% DJI Stocks closed the day at $9,802.14,  Up 30.23, 0.31% European and Asian Markets Up 1.483% Nymex Crude Oil Currently $80.14 Up $0.54 Rates 11-04-09, 8:15 AM PT 30 Year ...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 4, 2009, 11:00 PT RATE LOCK ADVISORY Lock Advice:  FLOATMBS prices are Up 1/32.  ISM Services came in weaker than expected, helping MBS markets. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Unchanged at 5.08% on Nov.3 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.743% Up 0.044%. 10 Year Treasury currently 3.510% Up 0.01% DJI Stocks $9,874.76,  Up 102.85, 1.05% European and Asian Markets Up 1.483% Nymex Crude Oil currently $79.90 Up $0.30    Rates 11-04-09, 8:15 AM PT  30 Year Fixed to $417,000Rate 4.875%  Point 0.75,  APR 5.001%APR Based on $350,000 Loan at 80% LTVAbove Rate can be locked  for 30 days.Call for Q...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 3, 2009, 8:20 PT RATE LOCK ADVISORY Lock Advice:  LOCKThere is a chance of increased rates from investors that priced early. MBS prices are down -3/32, below 9:45 ET pricing of +2/32. With major economic news later this week, volatility may remain high during the week. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Down 0.01% at 5.08% on Nov.2 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.699% Up 0.026%. 10 Year Treasury currently 3.450% Down 0% DJI Stocks $9,741.00,  Down -48.44, -0.49% European and Asian Markets Down -1.135% Nymex Crude Oil currently $78.13 Down $0.00 Rates 11-03-09, 8:15 AM PT  30 Year Fixed to...
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By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
Rate Lock Advice and Mortgage Market Update November 1, 2009, 7:00 PT RATE LOCK ADVISORY Lock Advice:  LOCKMBS prices are down 5/32.  Construction Spending, ISM Manufacturing, and Pending Home Sales will be released at 10:00 et. RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage UP 0.02% at 5.09% on Oct.30 10 Year Treasury currently 3.390% Down -0.02% DJI Stocks $9,743.57,  Up 30.84, 0.32% European and Asian Markets Down -0.58% Nymex Crude Oil currently $76.92 Down $0.08     Rates 10-30-09, 8:00 AM PT 30 Year Fixed to $417,000Rate 4.875% Point 1.000, APR 5.023%APR Based on $350,000 Loan at 80% LTVAbove Rate can be locked for 30 days.Call for Quotes on FHA and VA loans With Det...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
If you live in the gorgeous Hidden Trails Community in East Escondido and you purchased your home in approximately 2004, you may find that you are "upside down" or that you owe more to the bank than your home is worth. If you can afford to make the mortgage payments and you plan to stay in your home for awhile, then that is okay. But, if you need to sell, then you sell in a transaction called a short sale. So, if you live in Hidden Trails, East Escondido, and beyond, and need to participate in a short sale, read on. What Is a Short Sale? A short sale is a real estate transaction where the lender agrees to a accept a payoff for less than the full amount of the mortgage, and possibly forgive the remaining balance, pay the seller's closing costs, and pay the Realtor's commission. The loss ...
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