3,673 San Diego mortgages went into default last month -- not quite the fastest pace on record, but close enough. continue reading at voiceofsandiego.org read more ... Read the full post ... Read more

As noted in the prior post , the size-adjusted median actually experienced a bit of a monthly bump for the first time in 2 years: read more ... Read the full post ... Read more

The Compleat Data Rodeo will be up shortly, but in the meantime, I've written a post at voiceofsandiego.org about the fact that the size-adjusted median actually increased last month for the first time since May 2007: Read the whole thing here . read more ... Read the full post ... Read more

Back to the topic of local rents and their relationship to incomes , I found some historical data on San Diego's median household income at the Census Bureau website. The median household income is better than per capita income, which I used in the prior article, because it is a median while ... Read more

...for to go with that last article . No explanation needed (well, none provided, anyway). read more ... Read the full post ... Read more

In a somewhat gruesome milestone for the beleaguered San Diego housing market, the low-priced tier of the Case-Shiller home price index has now dropped by more than half since it peaked in June 2006. Specifically, the low-priced index was 50.4 percent below its peak value as of February, the mo ... Read more

I got a lot of pushback when I wrote last month that San Diego home prices were, on the whole, back in line with their historical relationships with local incomes and rents. One of the more frequent counterpoints was the claim that while home prices might be in line with rents, rents themselves ha ... Read more

It seems that enough people expressed interest in attending Thursday's economic forum that they had to move to a bigger venue over at the USD campus. So if you were planning on attending, please be sure to check out the updated location info . Moving on, I wanted to highlight some really inte ... Read more

San Diego unemployment hit 9.3 percent in March. This is the highest level in the three-decade history of the unemployment data series. The below chart shows unemployment trends now and during the prior two recessions. In addition to the magnitude of unemployment, the abruptness of the rise sur ... Read more

(Note: The KPBS These Days appearance is archived here for anyone interested). The number of San Diego properties entering foreclosure hit an all-time high last month, as illustrated by the blue line in the following graph: In the month of March, 4,260 homes received default notices, w ... ... Read more