California Housing Economic Output Off 80%
California housing market
California housing economic output is off 80% since 2005 according to a report by the California Homebuilding Foundation and the Center for Strategic Economic Research.
Was There A San Diego Real Estate Recovery?
Bob Schwartz San Diego Realtor
There has not yet been a recovery in the San Diego real estate market!
There was a short head-fake provided by trillions of dollars in taxpayer funds that were thrown at the real estate market by both the Federal government and the fiscally astute, California legislature. Read more 
Robert Shiller – We Could See a Real Estate Double-Dip
Case-Shiller Index Co-Author Robert Shiller on the increase in housing prices and the lack of consumer confidence that is plaguing recovery.
San Diego real estate market double dip
Housing Starts Up – Housing Permits Down
Housing market
The Commerce Department reported housing starts rose 1.7 percent to a seasonally adjusted annual rate of 546,000 units. June’s housing starts were revised to show an 8.7 percent fall, which was previously reported as a 5 percent drop.
San Diego County Home Sales Fall 21 Percent
San Diego home sales
San Diego County home sales dropped 21 percent from June as reported by MDA DataQuick yesterday. This the slowest July since 1995. It was the lowest July for new-home sales since DataQuick began tracking the San Diego market in 1988.
The only good news was that the overall San Diego County median prices were up by $2,500 from June to $338,000.
Orange County lawyers
Home Foreclosures up 6 pct
Home foreclosures
RealtyTrac Inc. reported last week that lenders repossessed 92,858 properties last month, up 9 percent from June and an increase of 6 percent from July 2009.
July marks the eighth month in a row that the pace of homes lost to foreclosure has increased on an annual basis.