DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - US house prices in free-fall

**evalayCap** · 03-25-2008, 06:22 PM

San Diego's housing market is imploding. Down 11.4% in the month of January alone and that's on top of other high percentage drops for several months before January.

http://www.signonsandiego.com/news/b...omeprices.html

Las Vegas and Miami are the only markets doing worse (down 19% in those cities in January). All three cities seem to be suffering from nonresident home owners dumping vacation homes.

03-25-2008, 06:22 PM	#1
evalayCap Join Date Oct 2005 Posts 438 Senior Member	San Diego's housing market is imploding. Down 11.4% in the month of January alone and that's on top of other high percentage drops for several months before January. http://www.signonsandiego.com/news/b...omeprices.html Las Vegas and Miami are the only markets doing worse (down 19% in those cities in January). All three cities seem to be suffering from nonresident home owners dumping vacation homes.
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