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san diego single family detached homes sales rate drops precipitiously in august 2009: San Diego Single Family Detached Homes - Sales Rate Drops Precipitiously in August 2009 - 09/11/09 08:15 PM
A 20.6% decline in the rate of sales between July and August 2009 for Single Family Detached Homes in San Diego is about as sharp a decline as we may ever see.  As one measure of the health of our housing industry, what does this information tell us?

We can see that a July to August decline is fairly typical, but this drop is extreme.
From some other stats, our total months of inventory is 2.8 months, but only 1.5 months up to $500,000.
At this point, I would offer that the decline is sales is linked more with the low inventory … (0 comments)

 
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San Diego Real Estate & Mortgage Loans | Robert T. Boyer, Ph.D. | VA Home Loan

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The San Diego Real Estate Housing Market tends to lead the nation's real estate activities. This blog looks at current activity and trend data, including sales rates, months of inventory, median home price, unemployment, inflation, etc., with an intent to provide timely predictions for our market. Because such a large part of the current market is make up of San Diego Foreclosures and REOs we will also look deeply at how they affect the current environment. Additionally, specific market segments are monitored, such as La Jolla Real Estate, Del Mar Real Estate, Rancho Santa Fe Real Estate, and Carmel Valley Real Estate


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