The housing bill was signed this morning… which will hopefully help to stabilize the housing market. Here’s a couple immediate implications for existing and prospective homeowners in San Diego. The new bill permanently changes the conforming loan limit to $625,500 in high cost areas like San Diego. This is good news and bad news for San Diego real estate.
Articles for July, 2008
When real estate statistics aren’t “normal”
Numbers don’t lie, do they? Mark Twain popularized the phrase “There are three kinds of lies: lies, damned lies, and statistics.” Every month real estate sales statistics are tallied up and displayed in newspapers, blogs and webpages everywhere. Are those numbers meaningful or useful?