The Case-Shiller Home Price Index, which compares same-home sales and is thus superior to the median sales price as an indicator of pricing power, declined once again in June. The HPI for San Diego was down 7.3 percent since June 2006 and 7.6 percent since it peaked in November 2005.
read more at voiceofsandiego.org
Great article once again,
Great article once again, Rich!
By the way, both the SD Union Tribune and the SD Daily Transcipt picked up an article today from the Associated Press discussing the drop in home prices as noted by the Case-Shiller index, and mentioning the problems with the reported median.
It would have been a better article if it were local rather than a national piece. Its too bad that these two major SD papers can’t afford to hire local writers that are of your calibre.
http://www.signonsandiego.com/news/business/20070828-0654-homepriceindex.html
Just because he is high
Just because he is high caliber doesn’t mean he can’t be had for cheap.