[quote=Jazzman]Not sure where the 10-15% price rise is coming from. According to y-o-y Case Shiller index, prices are only up 4.3% http://www.mortgagenewsdaily.com/12262012_home_prices_case_shiller.asp [/quote]
According to redfin, in December 2011, the San Diego county sold $/sq-ft was $198. Today, it’s $220. That’s 11.1%. December 2010, it was $212, which is 3.7% increase over 2 years. But we all know price came back big time w/in the last 12 months while it declined through the last 6 months of 2011.
