RC Realty Logo Karl Bascos/Nickie Bascos
RC Realty of San Diego
8250-B Mira Mesa Blvd
San Diego, CA 92126
Work: 858-566-6160   Cell: 858-602-6025

471 Ballantyne St # 61


El Cajon, CA 92020
471 Ballantyne St # 61
Type: Condo
MLS #: 100047686
Status: Active
Beds: 2 Baths: 1.5
Sq. Ft: 925
$85000 - $85000


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Why the HOUSING BUBBLE is BOGUS!

Economic Forecast 2006:

-86% of the time, the run-ups in city home prices did not end in a bust!
-Demand for existing homes has grown 114% while supply has fallen 4%!
-New home demand is up 143% with only a 23% increase in supply!
-Only 7% of all mortgages are rate sensitive!
-In the past 5 years, California residential equity has gone up by $1 Trillion!

Gary Watts