NOTHING IS WORSE

--then having your home catch on fire, as we have seen from some of the recent wildfires in other parts of the country. Although we have been pretty lucky here for the most part this year, it can happen to you at any time. 

Those of us who have country homes are especially vulnerable as we normally have more more combustible materials around us and response times from the authorities are a lot longer. Check out this good article as a great FYI .    Click here now

Shortage of Homes for Sale Statewide

 - Check out this SF Chronicle article. We are experiencing the same thing here. Go to -http://www.sfgate.com/business/article/Shortage-of-California-homes-up-for-sale-3872725.php

AUGUST NORTH COUNTY REAL ESTATE STATISTICS-

Sales of all North County real estate types increased 4% in August over July  and also up 4% over August  of last year. The first 8 months of the year are also up 10% for the same time period in 2011. Properties in escrow are almost virtually identical for August vs. July and up 4% from the same month in 2011 . Active listings on the market are up 3 % from July and also down 25% ! from the same time last year. Things are still on a solid and improving basis for this year.

Another Bright Light for Home Buyers

-- Besides lower home prices and extremely low interest rates at the present time, there is another big advantage for today's buyers. That is: lower closing costs! Check out this CNN article here

One Owner Financed Sale that Likely Will Never Go to Foreclosure.

.. In the early 1980's current presidential hopeful Mitt Romney invested in Texas real estate and evidently it was not one of his better decisions at the time. However, 

in 1997 he sold one of the houses and carried paper to the new owners and still is. These people could possibly be sending their mortgage check to 1600 Pennsylvania Ave next year. Read the NY times article here

JULY NORTH COUNTY REAL ESTATE STATISTICS-

Sales of all North County real estate types decreased 15% in July  over June but are up 21% over June of last year. The first 7 months of the year are also up 10% for the same time period in 2011. Properties in escrow are up 2% from last month and up 10% over July of 2011. Active listings on the market were down 5 % from June and also down 29% ! from the same time last year. Still a very positive improvement overall in the market and the shorter supply is starting to have it's effect on pricing!

Statewide Real Estate Statistics for the First 6 Months of 2012

--  Click on the link below to see an analysis county by county for the 1st 6 months of this year.http://www.car.org/newsstand/newsreleases/2012releases/668441/