FINALLY - SOME ENCOURAGING NEWS. 

North San Diego County's Real Estate Market is showing small signed of stabilizing. Detached homes in North County actually increased .98% from April to May indicating that home prices are beginning to stabilize. Homes are still taking some time to sell with the median number of days-on-the-market rising from 46 to 50 days between April and May.
The current condition of the housing market needs to be kept in perspective. House values rose 88 percent on a national average - higher in California - over the past decade. The numver of U.S. Households is expected to increase 15 percent over the next decade, creating a continued high demand for housing. So, even with lower appreciation levels in home prices, there will be a strong investment incentive over the long term to buy homes in North San Diego County.
The mortgage market shows sign of liquidity. Lender demand has increased for jumbo loans. IndyMac sold $590 million in mortgage bonds to the markets for the first time since July 2007.Financing options are increasing everyday for buyers.
San Diego has $35.9 million in annual retail sales, 600 departing and arriving flights daily into our fair city and tourism is one of San Diego's strongest markets and economic indicators. All of these economic indicators point toward continued demand to live in San Diego County.
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