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Escondido – A City Of Great Opportunities For Home Buyers

Escondido may be a city in between two major freeways, however, passing it by could mean passing up OPPORTUNITIES.
Escondido is full of CHARACTER with it’s Downtown SHOPS and EVENTS that happen weekly and throughout the year. Events include a Street Faire two times a year, a Farmer’s Market every Tuesday year around, live concerts on Saturdays and various other events hosted by the CITY OF ESCONDIDO and the businesses located on GRAND AVENUE in ESCONDIDO. There are plenty of things to keep you busy here when it comes to THE ARTS, ENTERTAINMENT and EVENTS.DSCN9603

Cruising Grand is an EVENT that continues to draw large crowds every year from the beginning of April until the end of September. Friday nights from 5pm -9pm  the streets of DOWNTOWN ESCONDIDO are lined with CLASSIC/VINTAGE CARS .While taking a stroll along the sidewalks you are sure to enjoy yourself with plenty to see and plenty of great “Rock and Roll ” MUSIC to listen to . You will also see a parade of pre-1970s vintage cars slowly cruise up and down Grand Avenue all night long.

Opportunities in the housing market are HERE in ESCONDIDO. Home prices are still competitive but BUYER friendly. Home sales have improved in the last few months and there is still OPPORTUNITY to get more HOME for your money. You can make Escondido your home and enjoy the benefits of a GREAT COMMUNITY, GREAT SCHOOLS and plenty of RECREATIONAL ACTIVITES..there are so many things to see and do.

I plan on making Escondido my home for many more years, you have the OPPORTUNITY to make it your future HOME and enjoy everything it has to offer.

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Contact me for more information about ESCONDIDO HOMES and how you can begin your search right now!

To view more events here in ESCONDIDO just click on the link below..

http://www.ci.escondido.ca.us/events/index.html

MISTY DOBSON
760-703-2726
mdobson@windermere.com

Posted by Misty Dobson | Currently No Comments »


Government Poised To Make Historic Moves To Strengthen Our Economy

Huge headlines, scary story lines, and big government moving at breakneck speed to shore up our economic backbone.  You are undoubtedly hearing about an eminent and massive move by the Federal government to finally get its arms around the national, indeed global, financial crisis. The latest courtesy of my friend and Branch Manager Paul Gonzalez at our sister company CW Mortgage.  

We are writing to you today to briefly shed some light on what this may mean to you and I.  It will be historic, with nothing in our Nation’s history to compare to it.  And this is going to happen literally in a matter of days.   US Treasury Logo

The Federal government appears to be preparing a new entity that will purchase most, if not all, bad mortgages that are currently on the books of lenders and banks, and possibly Fannie Mae and Freddie Mac.  The Federal Reserve, US Treasury, Securities and Exchange Commission, Congress and the Administration are feverishly working on this as I am writing this, and will continue through the weekend and into this coming week.

When a bank has a lot of bad loans on its books, it must set aside equal amounts of cash to offset the bad debt and protect its stockholders.  This is currently tying up tens of billions of dollars that could otherwise be pumped into the financing system. This has also caused, or been a primary factor, in the collapse of institutions including IndyMac Bank and Lehman Brothers, among many others. 

The intended effect of the Federal plan will be to free up huge amounts of capital that lenders and banks will again be able to lend as mortgages and other types of consumer financing. 

The plan will likely resemble the Resolution Trust Corp, or RTC, which was set up in 1989 to clean up the portfolios of bad debts that resulted from the Savings and Loan crisis of the times.  . All this is vitally important to you and I, and all  real estate professionals, and will warrant our close attention over the next few days and weeks. 

If such a plan is enacted we will expect to see investors and banks more willing to invest money into the mortgage financing system.  Increasing the amount of funds in the system should, over time, bring down the interest rate spreads and lower interest rates. 

In the short term, be prepared for wild swings in the stock, bond and mortgage markets.  Volatility will be likely rule the day until the global markets begin to sense greater stability and lower risks in putting money into the financing system.

Posted by Rich Johnson | Currently No Comments »


Another Brookside Escondido Home – Steal This House!

Here we go again, we just took another listing in the gorgeous gated community of Brookside, and once again we have an incredible value for you!

This home at 448 Adelaide Glen is one of the finest homes built in this development. A plan 6, (the largest model in Brookside) is a 5 bedroom, 4.5 bath home on a huge lot of 18,200 feet!
This fabulous homes, set on the back side of a very private cul-de-sac, is situated with a south facing view, with extensive professional landscaping and built for a big family.

Brookside is a gated community adjacent to Reidy Creek Golf Course in North Escondido. Schools are close, with near brand new Reidy Creek Elementary just a couple of blocks up Broadway.

This original owner did extensive work on professional hardscape both in front and in back, and succeeded in creating a truly beautiful home worthy of a very discriminating buyer!

As you enter the home through the turret entry, you’ll find oversized 20″ tile throughout the downstairs areas. A gorgeous chef’s kitchen with beautiful cabinetry and granite countertops will please and excite your culinary skills. A giant island complete with storage and bookshelves along with double ovens, microwave and five burner cooktop. A nice long and functional butler’s pantry is adjacent.

As you wander to the family room, you’ll see the large custom cabinetry that houses the media niche and big screen tv. A patio door will take you out to the friendly and serene center courtyard, to enjoy a glass of wine or to read a book.

A formal living room creates another experience as does the large formal dining room. This home will handle a large group for any occasion.

There’s one large bedroom downstairs, with its own full bath and lots of privacy. A three car tandem garage and large laundry room complete the downstairs

The house seems to go on forever, as you travel upstairs. It’s actually a little over 3600 square feet!

The master is huge…giant…big! I’m running out of adjectives. A very large room with the master bath suite is truly impressive. His and her sinks, large soaking tub and separate shower with beautiful tile surrounds. Two walk in closets give you plenty of room for all the clothes and storage.

Three more bedrooms of great size and lots more upstairs, again too much to mention.

Meander out to the backyard and you’ll be amazed at this lot. Most of the homes in Brookside are on approximately 10,000 square foot lots. This home sits on 18,200 feet! The owner created an oasis with a large covered barbecue area with seating, a basketball area, putting green and concrete walkways.

The grounds have been landscaped professionally and beautifully by one of the areas better designers.

 

 

Watch our video tour of the home right here: Click to Watch the Tour!

MLS #081037122

Seller will entertain offers between $724,900 and $774,900

Call Us Direct at 877-571-2289 or just fill in the inquiry form below:

Posted by Rich Johnson | Currently No Comments »

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