Interesting Article in the San Diego U-T

December 8th, 2010

In December of 2007, the U-T published an article in the “Way We Were” section titled “New homes beckoned a Texas family to the area in the 1930s”.

Rereading this article today is interesting for a couple of reasons. First of all, the reasons people moved to the ranch in the 1930’s still hold true today.  Ample acreage, pleasant weather and a fun environment in which to raise a family. Also, as the article says “Rancho Santa Fe was not immune to the collapsed market…”. Then, as now, there are great deals to be had in Rancho Santa Fe. Please contact us to help you find your dream home.

To read the article, please click on this link:

http://74.208.100.72/$sitepreview/ranchandcoastrealty.com/blog/wp-login.php

10 Reasons to Buy a Home Now!

September 30th, 2010

A great article from the Wall Street Journal. Take a look!

http://online.wsj.com/article/SB10001424052748703376504575492023471133674.html?mod=WSJ_hp_mostpop_read

Home Sales in July

August 24th, 2010

There has been quite a bit of news about home sales statistics in July. The big headline is that home prices for previously occupied homes fell to their lowest levels in 15 years. What is good to note for our market, however, is that sales for $1 million + homes actually ROSE 6.1% in the US.

 http://www.cnbc.com/id/38833986/

This may be due to very favorable jumbo mortgage rates. For more information on this, see the article below.

http://www.cnbc.com/id/38833986/

Home Builder bets on Home Building Revival in Harmony Grove, CA

August 19th, 2010

In an article published today in the Wall Street Journal, home builder Standard Pacific Corp. disclosed that it has entered into an arrangement that gives it the right to purchase 486 acres of raw land in Harmony Grove, CA. This area is in northern San Diego County near Escondido.
Within view of this area is our Harmony Grove Equestrian Center property. Listed for $4,295,000, this almost 50 acre property and horse training facility is an exceptional value. Formerly a working cattle ranch, the property has room for 44 horses including a 15 stall barn, 21 corrals, 3 wash stalls, 4 tack rooms, automatic waterers, auto fly spray, 3 pastures, 6 turnouts – 1 grass, 2 round pens, a dressage arena, jumping arena, ¼ mile track and more. The property also has a recently remodeled 1BD home, bunk house/ office, one well w/ 12,000 gallon water tank used for irrigation and horses, a stream and bass and bluegill stocked pond, trails and gorgeous site for an estate.

http://online.wsj.com/article/SB10001424052748703321004575427710028327410.html?mod=WSJ_Commercial_LEFTTopNews
For more information, please contact us!
To read the Wall Street Journal article, please click on the link.

Mortgage rates at lowest in five decades

July 1st, 2010

Mortgage company Freddie Mac said Thursday the average rate for 30-year fixed loans sank to 4.58 percent this week.

That’s down from the previous record of 4.69 percent set last week and the lowest since the mortgage company began keeping records in 1971. The last time they were cheaper was the 1950s, when most long-term home loans lasted just 20 or 25 years.

This is interesting news and will hopefully spur first time home buyers and ripple through the market. Click on the link below to view the entire article.

Mortgage rates sink to lowest level on record

June 24th, 2010
Good news for home buyers. Check out this article from today’s Union Tribune: