San Diego Home Prices Drop in July

San Diego’s median home price dropped in July for the first time in six months according to Core Logic.  The price was down by $19,250.  Does this portend a bursting bubble?  Analysts don’t think so but I have seen a slowing in the number of buyers out house shopping so want to be sure my clients are aware of a possible shift. The Union Tribune had a good article on this earlier this week. 

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Tracey Stotz, Broker

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5550 Grossmont Center Drive. #440-2634, La Mesa, California 91943