County Home Prices up 14 straight months
Posted by Bob Crain on Wednesday, September 1st, 2010 at 10:39pm.
S&P/Case-Shiller home price index indicated yet another month of home price increases for San Diego County. That's 14 straight months of price increases! San Diego County the second highest annual price increase of the 20 metro areas surveyed, with another California City - San Francisco taking the top spot.
From June 2009 to June 2010 we had an 11.2 percent price gain in San Diego County, but North County Coastal homes we up 22.3%.
For those of you who have been sitting on the fence 14 straight months of home appreciation is a trend which might signal it's time to buy... FYI 30 year fixed rate mortgages are also at record lows, 4% as of today.
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