San Diego area Market Update for March 22, 2007 - 03/22/07 03:24 PM
Median home price steady in February, while home sales inch up.Inventory down about 24% from the peak of last summer.Median price for condos gains 4.2%.Foreclosures inch up to 923 on 3/13/07, about 6% of current inventory.Good news: Inventory peaked on 8/14/06 at 21,302 and has dropped to 19,093 on 11/4/06 and to just under 15,000 on 1/1/07.There were 15,145 houses and condos available on 1/18/07.We are up to 16,137 on 3/13/07, not a big increase.More good news: Interest rates are still very low and there are many good loan programs available. Each community is different. Some went up and some went … (0 comments)

 
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Dennis and Sunshine Smith

Carlsbad, CA

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RE/MAX By-the-Sea (N Coastal San Diego)

Address: 1265 Carlsbad Village Drive #100, Carlsbad, CA, 92008

Office Phone: (760) 436-0087

Cell Phone: (760) 212-8225

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Agt2Agt Blog. Information is critical. Helping my friends around the country do a better job...and pass around more Referrals. Remember, I will scratch your back for referrals. Including information on what is happening in the Real Estate market in the San Diego area.


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