Housing Affordability at Historic High - 04/21/11 01:42 PM


Housing Affordability at Historic High
This last weekend I read an article in the North County Times about the housing affordability with regard to buying a home over renting.  The article states that a loan payment on a median-priced house in North San Diego County in 2010 was $1,879.  This figure is slightly higher than 2009 prices, but is the lowest since the mid 1990's with regard to affordability, and lower than the 1980's when interest rates were at double digits.  In many cases, depending on the area, it is more affordable to buy a home rather than rent.
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OPEN HOUSE: 4045 Aidan Circle, Carlsbad CA 92008, April 2nd & 3rd, 1:00-4:00 - 04/01/11 05:54 PM
If you are considering purchasing a home in Carlsbad, Oceanside, Vista, San Marcos, Escondido or greater San Diego, start by going to www.MLSDetective.com for your FREE home searches. www.MLSDetective.com is a "real time" search engine and is updated every 15 minutes so you have access to accurate information! The next step is to contact Allen Meredith at 760-271-5153, or email Allen at Allen@AllenMeredith.com. Allen Meredith is a licensed Real Estate consultant with Prudential California Realty with over 29 offices in San Diego, has been a Real Estate consultant for 7 years, and previously owned and operated Choice Home Inspections, Inc. for … (0 comments)

 
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