San Diego Home Prices Drop … Double Dip for California Housing
Single-family resale houses were down 1.9 percent to $368,000 from March to April but up 13.2 percent from April 2009’s $325,000; resale condos were down 3.5 percent to $220,000 but up 20.9 percent from last year’s $182,000. California home sales have been leveling out, the median price of homes has pulled back from the $300,000 threshold that was crossed in late 2009, along with reports on weakness in the national numbers and the large numbers of distressed sales across the board, the front and center question is: Are we headed for a double dip? Read more 
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