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:
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January 6, 2009 @ 4:17 PM
Great article rich. I like
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.
January 6, 2009 @ 8:40 PM
A reduction in the median
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.
January 7, 2009 @ 5:16 AM
Or that the cheaper houses
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+%?
January 7, 2009 @ 8:32 AM
Is is fair to say that the
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?