In May 2007, the median price for a house in San Diego County was somewhere around $529,000. That meant that less than 10% of San Diego households could afford to buy that house. Now, four years later, interest rates are at historic lows and the median price for a home in San Diego County is $330,000. Over 50% of San Diego households can now afford to buy real estate, the American dream. Since January 2000, home prices in San Diego County are up almost 55%, a nice ten-year profit even after the price declines of the past few years. With employment numbers hovering at 90%, this could be a great time for YOU to buy a home for the long term — to live in, raise a family in, retire in, and perhaps even die in. Give me a call and I'll help you find your own American dream in San Diego real estate! ♪♫♫♫♪ Recent blog posts: 
Real estate recovery, San Diego County, California
Prices are affordable and interest rates are low!
Uxbridge, ON
Trusted For Experience - Respected For Results
Jim - affordability will be a key factor to the real estate recovery today's interest rates really help in the affordability factor ..... couple that with the current prices of homes and it paints a great picture for those who see the signs ..... this opportunity may not last.
Aug 06, 2011 12:20 AM
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA
Jim,
Great stats for San Diego. You've made a clear case for Buying opportunities in your region.
Have a great weekend,
Steve
Aug 06, 2011 01:58 AM
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time
Keller Williams Realty - McKinney, TX
CRS ABR (McKinney Realtor)Texas
Those that can afford truly benefit in this economy. Even with the threat of elevated interest rates due to our AA+ US rating they still will be great rates offered. All the best for a wonderful weekend!
Aug 06, 2011 02:08 AM
eXp Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490
Hi Jim,
You are so correct to outline that the long term opportinities that real estate offer are still as good as ever, if not better....
If real estate was being compared with the stock market, everybody would be racing in to buy anything in sight......
Aug 06, 2011 05:00 AM
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert
Hi Jim,
Good blog about your market. Actually median prices of $529 K is not as high as I thought it would be considering it is San Diego. There are certain parts of California we love and San Diego is part of that group..
Aug 06, 2011 05:55 AM
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living
Hi Jim, for every seller who bemoans that prices have fallen, there is a buyer who is happy because they have fallen and he can once again afford homeownership.
Aug 06, 2011 09:30 AM
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond
Really amazing numbers Jim for San Diego...and I don't think you could say the same here except in the Washington DC metro area...
Aug 06, 2011 10:13 AM
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist
Thanks to everyone for stopping by and commenting.
I’ll read through all the comments to see if any of them need a specific response. If so, I’ll respond below this comment. Otherwise, since I like to return comment for comment, I'll be by your blogs soon to do a little reading and commenting. I find that a better way to acknowledge you stopping by and commenting on my blog.
Aug 07, 2011 08:12 AM
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848
Jim - I'm amazed at how the median price of homes in San Diego County has dropped. However, that was quite a nice increase you had over the 10 years.
Aug 09, 2011 09:22 AM
Rainmaker
1,117,499
1,117,499
Jim Frimmer
Realtor & CDPE, Mission Valley specialist
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