San Diego Home Values Were Down in November

san diego home ValuesThe Latest on San Diego Home Values

SAN DIEGO – CoreLogic says San Diego home values dropped for the fourth straight month in November. The organization tracks real estate transactions for companies and governments.

The company’s newest property value index observed San Diego home values tumble almost 7 percent when compared with a year ago.

The actual record states the selling of distressed inventory dragged values lower. Distressed sales consist of short sales and homes going through the foreclosure process. The organization says once the distressed supply is removed, San Diego property values only declined 2.3 percent.

The organization’s chief economist stated home values within the healthy non distressed market place will probably notice a small decrease over the next year, once the December figures are integrated.

For more on San Diego home Values click here.

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Category : Blog &How's the Market?

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