Trends in home prices in San Diego County and Southern California.
August 2009
Home prices are going up again!
Kensington is currently recovering after a almost 20% of the peak in 2006, prices slowly start growing up again. Relatively Kensington, San Diego home prices decreased less than almost all other areas.
Kensington, San Diego Real Estate Listings
Homes for sale and recently sold in Kensington and Kensington Heights.
Trulia shows trends in median home prices in San Diego: Areas like Kensington beat the trends:
| march 09 | 3 mon. ago | 1 year ago | 5 years ago | |
| San Diego | $270,000 | $295,000 | $365,000 | $403,500 |
| Kensington | $645,000 | $524,625 | $665,000 | $655,500 |
| Normal Heights | $159,530 | $193,500 | $300,000 | $306,000 |
Elements which effect the Home Price :
November 2010
| Loan/ Value home | Rate | APR | ||
| ING 5/1 Orange Mortgage Years 1-5 Fixed Rate - 0 points |
80% or less | < 500K | 3.125% | 3.269% |
| Wellsfargo 5-Year ARM - 1 point | 80% or less | < 417K | 2.875% | 3.126% |
| Wellsfargo 30-Year Fixed - Jumbo | 80% or less | > 625.500 | 4.875% | 5.012% |
August 2009
| Loan/ Value home | Rate | APR | ||
| ING 5/1 Orange Mortgage - no points | 75% or less | < $500K | 4.500% | 4.098% |
| > 500K | 5.000% | 4.284% | ||
| Wellsfargo 5-Year ARM - 1 point | 75% or less | < 697.500 | 4.50% | 4.071% |
| > 697.500 | 5.250% | 4.353% |
Economy
Jobless rate for San Diego County:
June 2009: 10.1%
June 2008: 5.4%
Government
Tax credit for first time home buyers available up to $8000 (10% of purchase price).