La Jolla Real Estate, Del Mar real estate, Rancho Santa Fe Homes, Carmel Valley Real Estate, University City and
Downtown San Diego real estate, homes and condos for sale in California - Ruth Mills & the Mills Team, REALTOR.






Search the San Diego MLS
(includes all areas in San Diego County)



 May 17, 2009

Some GOOD News for a Change!
It seems as though every time any of us tune into the evening news broadcast or read a newspaper headline, the "bad news" seems to increase all our fears regarding our economy. The news media has gone into full throttle mode regarding all this and suddenly words like "meltdown" and "Crisis" fall on our ears on a daily basis.
Take note of these figures regarding today's real estate market. These are numbers you will not likely hear about in the mainstream media!

Did you know that?

-Approximately 30% of all homes in the U.S. are free and clear and do not have a mortgage?

-Of the 70% of households that do have a mortgage almost 97% are not in foreclosure.

Fact:
-The United States Gross Domestic Product is more than the GDP of Japan, China and Germany combined.

Which leads anyone to wonder if we are truly spinning out of control economically?