A fun January 2021 snapshot of real estate statistics, rates and trends, here in North County, San Diego, CA. Includes our popular beach communities of Oceanside, Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar and La Jolla.
16% - Annual Appreciation
2.7% - Today's Loan Rate
4% - Annual Rental Price Change
Remember, this is regional data, keep me posted on what you're keeping an eye on.
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2583 White Owl Drive, Encinitas, CA 92024
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Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at the Wall Street Journal(WSJ), explains:
“The economy is probably not slipping back into recession. The drop was induced by new restrictions on activity as the pandemic raged out of control. Leisure and hospitality, which includes restaurants, hotels, and amusement parks, tumbled 498,000.”
In the same report, Michael Pearce, Senior U.S. Economist of Capital Economics, agreed:
“The 140,000 drop…
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735 Santa Paula, Solana Beach, CA 92075
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570 Paloma Court, Encinitas, CA 92024
San Diego, CA - North County median home prices +0.6% in December 2020 compared to prices in November 2020 (+16.4% from December 2019 and +9.9% year-over-year).
North County San Diego Market Report | Mortgage Loan Rates News
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