The new year began with another step down in the size-adjusted median for both property types: read more ... Read the full post ... Read more

Few would have believed, back in the boom days, that a 1.6 percent monthly decline in the median price per square foot for homes sold in San Diego County would be considered a pretty good month. But here we are. continue reading at voiceofsandiego.org (data rodeo coming soon) ... Read the ... Read more

Humor me for a couple more graphs so that we might expand on last week's pos t on employment. First up is a graph showing how the various employment sectors (not just the housing-related ones that I like to single out) fared in the year 2008: continue reading at voiceofsandiego.org ... Re ... Read more

Continuing with this week's attempt to be light on words and heavy on pictures, here is a look at year-over-year job growth for each month over the past two years, ending with the most recent estimates as of December: continue reading at voiceofsandiego.org read more ... Read the fu ... Read more

I've thrown a lot of words at Nerd's Eye View readers over the past week; this week I'll try to stick mostly to pictures. Mostly. What follows is a roundup of charts depicting the latest (that would be November) Case-Shiller home price data for San Diego. First, the decline from the November ... Read more

Over at VoiceofSanDiego.org I've put up a two-parter explaining why I believe a protracted period of deflation is an exceedingly unlikely outcome. No Deflationary Spiral Forthcoming, Part 1 No Deflationary Spiral Forthcoming, Part 2: Counterpoints (These articles comprise a very slig ... ... Read more

As discussed in previous installments, a recent change to California state law inserted an extra 30-day waiting period at the beginning of the foreclosure process. Sure enough, mortgage defaults plummeted when the law went into effect. But a couple of months came and went without a commensurate ri ... Read more

The size-adjusted median price was down again last month for both property types, with a decline of 2.6% for single family homes and 7.8% for condos. The condo median price per square foot has now fallen over 50% from the September 2005 peak, forcing me to extend the Y axis downward in the chart b ... Read more

I will get a data rodeo going in the next couple of days, but in the meantime here's a chart of size-adjusted median resale prices for December, with accompanying writeup to be found at voiceofsandiego.org : read more ... Read the full post ... Read more

As I noted a couple weeks back, the Federal Reserve will be conjuring money out of thin air to buy "large quantities" (their words) of mortgage-backed securities. The mere anticipation of this flood of freshly-printed cash into the mortgage market has been enough to increase the demand ... Read more