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Uploaded bySullivan Group Real Estate Advisors
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Sd Bia Bull And Bear Jan 15
1) Job losses in San Diego are accelerating, with over 15,000 jobs lost in November 2008 alone. 2) Housing permits and home sales in San Diego are at their lowest levels since the 1940s, with residential permits projected to be just 5,500 for 2008. 3) The median home price in San Diego has dropped 36% from its peak in 2005, with new home prices down 31% for detached homes and 9% for attached homes.
