The Standard & Poor's/Case-Shiller Home Price Index released statistics showing San Diego County as one of only four metropolitan areas that had an increase in prices in November 2009 compared to November 2008. The other three were Dallas, San Francisco, and Denver.

The Index is a three-month rolling average of single-family resale homes involving the same property over time. It was set at 100 for January 2000, and in November 2009, it stood at 156.06 for San Diego County, meaning that homes here are selling for 56% more than they did in January 2000.

It proves once again, I believe, that as a long-term investment, it's hard to beat real estate. It's when you think of real estate as a short-term investment or as a cash machine to finance new cars and vacations that you get into trouble.

When buying a home, think long term!

Please let your cat play with the other ActiveRain kitties by clicking here.

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If you're looking for a great San Diego Realtor, well,
let me Google one for you.

I'm available 24/7, so feel free to contact me by phone or email.

Jim Frimmer, Realtor
Century 21 Award Mission Valley
California DRE License #01458572
619-729-5701
jimfrimmer@century21award.com
Mission Valley Condos Information

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15 most recent blog posts:

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3. December 2009 saw continuing good news for the San Diego housing market
4. Del Mar Winter Home Decorating & Remodeling Show
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7. Tired of Nature's little critters making YOUR home THEIR home?
8. My favorite from the 2010 San Diego Cat Show
9. Personally, I think it would be nice if listing agents knew they were trying to sell
10. Let me Google that for you!
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12. What do you do when two opposite answers are checked but neither initialed?
13. Teaching is just like being a Realtor
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