Submitted by Rich Toscano on January 6, 2009 - 5:07pm
I will get a data rodeo going in the next couple of days, but in the meantime here's a chart of size-adjusted median resale prices for December, with accompanying writeup to be found at voiceofsandiego.org:
Great article rich. I like the addition of the fact that you had to adjust the scale, it really takes home the message of how increadable a decline like that really is.
A reduction in the median price might be reflecting people expecting that the cheaper foreclosures are the bargains - or merely reflecting the fact that the cheaper houses are the ones people can actually afford.
Great article rich. I like the addition of the fact that you had to adjust the scale, it really takes home the message of how increadable a decline like that really is.
A reduction in the median price might be reflecting people expecting that the cheaper foreclosures are the bargains - or merely reflecting the fact that the cheaper houses are the ones people can actually afford.
Or that the cheaper houses are the only ones a buyer can get a decent loan on
How many people are taking jumbo loans at 7+%?
Is is fair to say that the median price for Condos may be a little more accurate since the price range in this category is not so wide?