Just read an article (from the smarty-smarties at Forbes) saying that we are #1! We San Diegans do it better than anyone. Our home prices fell faster than I fell in love with my wife (aw). "San Diego has seen the greatest three month drop in asking price, falling 7.3% from Oct 09 to Dec 09" said Forbes.
Maybe asking prices falling means that less expensive places are on the market?
Maybe people are holding on 'til after the holidays?
Maybe I sound a little stupid? Stupid like a fox (stolen from Homer Simpson).
Actually, it was a case of mistaken identity. Forbes saw Carlsbad #s and thought San Diego.
The San Diego median home price went up from $325,000 to $330,000 from Oct 09 through Dec 09. Carlsbad, however, did go down 7+% from approx $860,000 to $830,000 during that same period.
Things are not usually as bad (or good) as reported.
Some fact checker is going to be in trouble.....
Read the article (click on the title) and pity those poor people at Forbes. Will they ever amount to anything?
God Bless.
