Escondido Real Estate – Listing of the Day

One of be best ways to serch for Escondido Real Estate is to use Gary’s Listingbook. You can learn to “Search like an agent.” Set up your own searches and be notified when new listings hit the San Diego North County real estate market. View the Gary Harmon Listingbook instructonal video and click on the Listingbook logo to set up you personalized account today.

See all Prudential Residential listings in my office.

Listing of the Day – 2167 Valley Rim – Escondido Real Estate

Remarks: Desirable Escondido home in one of North County’s finest master planned communities. This home boasts beautiful wood floors, soaring ceilings and is immaculate and bright throughout. This property is a must see! The community of Emerald Heights offers a guarded gate entrance, a resort style clubhouse and sports facility that offers a lap pool, full basketball court, 3 lighted tennis courts, fitness room, tot-lot and some of the best views in North County Welcome to 2167 Valley Rim Gln! Located in Emerald heights, one of North County’s finest master planned communities! This desirable 4 bedroom, 2.5 bathroom home is located on a large flat lot on a cul-de-sac street. This well maintained home has a welcoming floor plan, beautiful wood floors, soaring ceilings, bright kitchen with updated Whirlpool appliances. Upstairs you will find 3 great rooms in addition to a large master bedroom with dual sinks, separate tub and shower, sky light and a large walk in closet. The exterior is highlighted by a large and very private back yard with a shade covered patio, mature fruit trees, room for the children to play in the large grass area, and backs up to an open preserve. The community of Emerald Heights offers a guarded gate entrance, a resort style clubhouse and sports facility that offers a lap pool, full basketball court, 3 lighted tennis courts, fitness room, tot-lot and some of the best views in North County. Don’t miss this incredible opportunity.

Mandatory Remarks:  Offer accepted pending lender approval of Short Sale.

View all photos of this Escondido Home.

Get a your personal tour of Escondido homes for sale, contact Gary Harmon, your Escondido Realor.


Above Escondido home listing of the day was provided by Gary Harmon – DRE #01007062.
Information courtesy of Prudential California Realty is subject to verification and is not guaranteed.

Escondido Homes for Sale Market Conditions & Statistics

For the first week of July, this is how the market looked in the Escondido homes area.  See the bottom of the page and below the table for details on Escondido homes for sale and Escondido home inventory.

Escondido Homes Market StatisticsThis Week in Escondido Real Estate

The median list price of Escondido real estate this week is $425,000.  There are 668 Escondido homes for sale and the Escondido properties have been on the market for an average of 110 days.  Inventory of Escondido homes and days on the market are both climbing.  These trends imply a weakening in the market of Escondido homes for sale.

Supply and Demand of Escondido Homes

In terms of demand and supply, the Escondido homes market is getting cooler.  There is more homes coming on the market relative to the sales demand for Escondido homes.  In recent weeks, however, prices have been moving up somewhat.  This trend  may be a result of improved quality of the homes being listed.  That is, the Escondido homes being listed may be larger and newer.

These Escondido homes for sale market conditions are brought to you by Altos Research and Pickford Escrow, one of Gary Harmon’s winning team members.  For more information on Escondido homes for sale, contact Gary Harmon, your top Escondido Realtor.

Search San Diego North County Homes

Find  San Diego North County homes with MLS Search and Free Foreclosure Search. Set up your own custom searches with ListingBook. Use the friendly searches below:

See all Prudential California Realty Carlsbad Listings below.

[iframe 737 800]This is a fabulous opportunity for San Diego North County buyers!   Lender-mediated short-sales, pre-foreclosures, and bank owned North San Diego properties are available and can be found with the search tools on this website. Don’t expect today’s prices to be around forever. The banks have finally become aggressive about pricing their North County homes for sale, and investors are grabbing them up quickly. For more information or to see San Diego North County real estate, contact Gary Harmon, your top North County Realtor.

The Time to Buy Escondido Real Estate is NOW

Many think the time to buy is now

Prudential California Realty took a real estate outlook survey in 2010 and found most Southern California and San Diego North County buyers think now is the time to buy.

Time to buy Escondido Real Estate

There are only 10 of homebuyers that did not think this is the  time to buy.  If you have been on the fence, get in the game and find your Escondido home now.  Contact Gary Harmon, one of the top Escondido Realtors, for more information.

San Diego North County buyers see the market moving towards stability

The number of Southern California consumers who believe the Escondido real estate market and other San Diego North County real estate markets are stable outnumber the percent who believe the market is unstable.

Escondido real estate market stability

There are only 29% of Souther California buyers that think the real estate market is unstable.  That leaves 71% implying that “the time to buy Escondido real estate  is NOW.”

Most Escondido real estate buyers believe the real estate market is on an upward trajectory

Over 26 % of homebuyers think the Escondido real estate market is stronger than it was a year ago.  And, one year from now, 51% expedct to see the San Diego North county real estate market even stronger.  The survey only saw 7% who thought it would be weaker.  With market and prices going up, now is the time to contact Gary Harmon, your top North County realtor.

North County buyers see potential for appreciation in both short and long term

North County homes appreciation

North County buyers see appreciation coming.  Over 46% of Souther California buyers expect real estate prices to apreciate in the next year.  Current data for San Diego North County shows that is actually happening.  In the next 5 years, 79% expect prices to increase.  Don’t let this good market pass you by, contact Gary Harmon today.

Current interest rates help make the time to buy NOW

HomeServices Lending is one of Gary Harmon’s Winning Team members.  Contact them for current rates and to get prequalified today.

Escondido real estate and HomeServices Lending

For an experience Escondido real estate agent, contact Gary Harmon, your top Escondido Realtor.

Memorial Day – Escondido Homes – BBQ Safety

May 31, 2010Memorial Day this year is May 31st.  Memorial Day is the day we remember those that have died serving in our Country and was declared a Federal Holiday in 1971.  We are especially respectful here in San Diego because of the large number of military personnel. 

 With Memorial Day coming up soon and the great weather we expect, many of us will be out in our back yards with family and firing up the BBQ.  It is a great way to start summer, but the followings tips can help us be safe.  Follow these tips to protect our Escondido homes and our families.

  1. Follow the directions in you grill manufactures safety manual about the right placement of the grill.
  2. Always know where your fire extinguisher is located. 
  3. Never squirt lighter fluid directly into an open flame.  The flame can flashback along the fuel path  to the container and to your hands.
  4. If it is a gas grill, always lite the grill with the lid up.    Make sure there are no gas smells.
  5. Regularly clean your grill to eliminate grease build up to control flare-ups.
  6. If it is a gas grill, inspect your grill to make sure the gas flow is not obstructed.  If LP gas, make sure the bottle has gas.

By taking a few simple steps you can keep your Escondido home safe and prevent anyone from getting hurt.  Have a great Memorial Day, and if you need  any Escondido real estate help this Spring-Summer, contact Gary Harmon, your Escondido Realtor.

Escondido Homes May Market Summary

May Market ConditionsThe median price of Escondido Homes for Sale this May 2010 is $400,000.   The 623 Escondido properties have been on the market for an average of 148 days.  The Escondido real estate market is not sending a strong directional signal for the immediate future .  The Escondido homes for sale inventory and the days on the market have both been increasing slowly.   It is still an Escondido buyer’s market, and Escondido house prices have been weakening. How is the market in each Escondido home for sale areas?  Find out the answers to this and many more questions by Escondido zip codes. See how Escondido homes for sale compares by median price, list price per square foot, average days on the market, and more.  This website, tries to provide enough statistical information about North County real estate  to help you make an informed buying decision.  Use the numbers on this page and feel free to email or call Gary Harmon, your Prudential North County Realtor, to help you analyze the numbers presented. Get answers to what kind of home can you afford,  what size will it be, or how can you tell a good deal when you see it. 

Escondido Homes for Sale

Escondido Homes Market Summary  May 2010
Zip 92025
Zip 92026
Zip 92027
Median Asking Price
List Price per Square Foot for the Escondido property
Average Days on the Market for the Escondido home
Median Escondido Homes Size (sqft)  
Median # of Bedrooms in Escondido house
Median # of Baths in the Escondido properties

The median prices in Escondido homes for sale in the above table does not always give the whole picture.   It sometimes helps to look median prices broken down by quarters.  The following for Escondido homes is an average of all zip codes.  The median Escondido homes for sale price for the most expensive 25% of Escondido homes is $799,000.  The median price for the upper middle 25% is $485,000.  The lower middle median price for Escondido homes is $339,000 and the bottom 25% of Escondido/ homes for sale median price is $220,000.  For more information about Escondido homes for sale, contact Gary Harmon your Escondido Realtor and seasoned Escondido real estate agent.

7.2 Earthquake – How to be Ready

Escondido HomeEverywhere in the Escondido real estate area may be susceptible to damage from an earthquake, maybe even a bigger one than hit this Easter. We all need to be ready. Here are some of the things we can do.

  1. Identify earthquake hazards in your Escondido home. Secure everything around your Escondido property that might fall and hurt someone. This is easily done if you secure items as you buy them. For example, when I bought my big screen television, I secured it to the wall of my Escondido home with a safety wire. If you are starting from scratch, buy a stud finder at a North County Home Depot or Lowes and use it to find the proper studs. Of course, the water heater in the garage must have straps.
  2. Create a disaster plan. Talk with each one in your family and plan what to do in case of an earthquake. Have a meeting place outside of your Escondido home, but close by so everyone can be quickly accounted for. Learn basic first aid if possible. Have a place away from your Escondido property you can call, preferably out of state. The out of state phone lines won’t be as crowded. Learn how to deal with a lack of utilities and basic services. Also, expect aftershocks.
  3. Make up some disaster supplies kits. These kits would be useful in any type of emergency. Everyone in your North County home should have one. It is a good idea to have one at home, school, work, etc. You should have a large kit for your home that would last everyone three days to a week. These kits should contain food, water, clothes, and sanitary supplies. Your San Diego Red Cross sells kits and also has tips on what to put in the kits if you make your own.
  4. Have your Escondido property checked to identify any weaknesses. There are common issues that a home inspector will know that could help your North County home be stronger. If you just purchase a North County home, your Escondido real estate inspector will have made sure you had earthquake straps.
  5. During an Earthquake you should drop, cover and hold on. Drop to the floor, take cover under a strong table or desk, and hold on firmly. If there are no tables close by, drop to the floor next to an interior wall of your Escondido home.
  6. After the quake, check everything for damages or injuries. Always be calm and take care of yourself first so you will be available to help others. When you are sure you are safe, then you can start helping others. You need to know how to turn off leaking gas, water, or electricity if necessary.
  7. When you know you are safe, you can continue to follow your disaster plan. Stay away from the coast if there is any possibility of a tsunami. Listen to your battery powered radio for any emergency instructions. The station would be 600 AM . Call your out of area contact and let them know you are OK.    Escondido real estate information, call Gary Harmon, a top Escondido Realtor.

AB 957 and Encinitas Real Estate

HomeServices LendingThere are many technical things involved in a sale  transaction of Escondido real estate.  Here at Prudential California Realty, Gary Harmon, your Escondido Realtor is here to help. 

Legislation was signed into California law in December 2009 effecting us here in North County. Escondido home buyers and Escondido home sellers should be aware of several points:

1.A seller of REO residential Escondido real estate with four or fewer units “shall not require directly or indirectly as a condition of selling the Escondido property that title insurance covering the Escondido property or escrow service provided in connection with the sale of the property be purchased by the buyer from a particular title insurer or escrow agent.” In plain language it means that the bank, selling bank owned property, can’t require you the Escondido buyer to user their title insurance company or their escrow company. This is only true if you the buyer are paying for these services. Gary’s winning team member, Pickford Escrow and The Escrow Firm have closed over 9,000 REO (bank real estate owned) transactions in the last 18 months.
2.The bill provides that “sale” is intended by the Legislature to “include the receipt of an offer to purchase that residential Escondido property.” – means it is intended to prohibit sellers from conditioning the receipt of an offer to buy an Escondido REO property on the buyer’s agreement to use a specific title insurer or escrow agent. That means the bank has to look at your offer reguardless of which title or escrow company you choose. California Title Company, one of Gary’s winning team members is also experienced in bank REO’s sales.
3.AB 957 does NOT prohibit an Escondido buyer “from agreeing to accept the services of a title insurer or escrow agent recommended by the seller” PROVIDED THAT “written notice of the right to make an independent selection of those services is first provided by the seller to the buyer.” That means it is ok to use who the bank recommends provided they disclose that it is your choice.
4.AB 957 only applies to title insurance or escrow services “purchased by” or paid for by the Escondido buyer. That means if the bank is paying for both sides, they get to pick.
5.A seller who violates AB 957 “Shall be liable to a buyer in an amount equal to three times all charges made for the title insurance or escrow service.” A violation of AB 957 is also deemed to be a violation of the seller’s license law which can subject the seller to discipline by its licensing entity.

For more information reguarding AB 957, contact Gary or HomeServices Lending.

Sales Tax on Escondido Real Estate

No 4% sales tax on Escondido Home Sales

Regardless of what you may have read or heard in newspapers or Internet articles, there is not a 4% transfer tax or sales tax on the sale of a San Diego North County homes included in the recently signed Obama Care health bill. 

The new health care bill does include other taxes, however.  One such tax is a 3.8% Medicare tax for some of the higher income households.  This tax will apply to “net investment income.”  The money from this tax will go to the Medicare hospital insurance program.  It applies to households with adjusted gross incomes in excess of $200k and to married couples making more (AGI) than $250k.   Capital gains are included as part of “net investment income” so sales of Escondido real estate held for investment purposes may have to pay an additional tax.   This new Medicare tax will not take effect until January 1, 2013.  

Before you make any tax decisions you should always contact your certified public accountant.  For great Escondido real estate information, contact Gary Harmon, your Escondido Realtor and real estate specialist.

7.2 Earthquake – Prepare for a Disaster

Three things you can do to prepare for a disaster at your San Diego North County  home.

  1. Have an emergency kit. You should have at least three days of supplies at your Escondido home in easy to carry containers. This is the base for your evacuation kit. You can make your own or buy them from the San Diego American Red Cross. Water, food, clothes, and sanitary items are a must.
  2. Have an evacuation plan. You should make a plan on how to evacuate your Escondido home. Talk to everyone about where to meet outside the home and who to call. Have a local number to call and also a number out of the area if possible. Local phone lines may be jammed.
  3. Be informed and keep informed. Know what type of disasters can happen in the Escondido real estate area and how to respond. The number one disaster that Escondido home owners have is fires. Here in San Diego North County we need to also be prepared for earthquakes. Keep a battery powered radio and keep updated. Store the batteries separate.

For more information on disaster plans and how to make one, contact the American Red Cross. For more information on Escondido real estate, call Gary Harmon, your Escondido Realtor.