Last Friday’s Employment Situation report, however, was a major disappointment. Analysts had expected the economy to add another 185,000 new jobs in May, adding to the excellent April total of 211,000. Instead, the Labor Department announced the creation of only 138,000 new jobs, below even the lowest of the expert predictions. Further, the April number was revised down to 174,000 and the March number was reduced as well.
Home Price Appreciation Up Significantly
Price Increases Moderating
You’ll love the private, gated courtyard entry into this Gorgeous single level home. Immaculate and meticulously maintained inside & out.
Awesome solar pool & spa with cascading water flowing into the pool.
Enjoy entertainer patio areas, large living room & family room with dual faced fireplace and built-in cabinets.
Open kitchen with granite counter tops, large center island plus breakfast area. Formal dining room.
The master suite is 20 X 16 with fireplace & walk in closets.
Walk to Poway High School & Lake Poway. No Mello Roos
Currently offered at $1,225,000
Please call me today if you or someone you know is interested in seeing the home.
It is “Spring Market Time” and mortgage rates are cooperating. They have now declined for four straight weeks, putting the 30-year fixed-rate right back where it was during the week ending December 1st.
This is good news for first-time homebuyers who have often found themselves at a disadvantage when competing with investors and their all-cash offers.
With the “unwintery” weather enjoyed by most of the country–up until this week of course–the home sales reports, both new and existing homes–for February could give us a first look at the spring market. Hopefully they will provide the good news headlines next week.