San Diego California Home Prices … Worst is Over
San Diego – Strongest Hosing Market in the Nation
San Diego home prices are on the rise, but, does this mean that the worst is over for the San Diego real estate market? Personally, I believe the governement tax credits( which may be mostly speeding up sales that would have occurred normally) and the fact that there is a huge number of loans due to have their first adjustment this year, could cause a double dip in San Diego housing values.
Year-over-year, the index for San Diego was up 7.6 percent.
San Diego was one of the first metropolitan areas where house prices started to tumble, and now is the only metropolitan area in the nation to show increased home prices between January and February.
Nationally, the S&P index was down .9 percent between January and February, but up .6 percent from the same period last year. Read more 
Commercial Property Values Head South Again
San Diego commercial real estate
Moody’s Investors Service reported last week that its index for commercial property values fell 2.6 percent in February. It was the first decline recorded by the company in four months.
The drop pushes the Moody’s/REAL Commercial Property Price Indices (CPPI) 42 percent below their October 2007 peak. The ratings agency says commercial real estate values are down 26 percent compared to just a year ago. Read more