San Diego County Sales Statistics: June
Filed Under categories: Real Estate News, Real Estate Stats
posted by Kea on July 27th, 2007
This chart displays the number of sales and median sales price and represents a comparison between May and June of this year to May and June of 2006. Year to Date statistics are represented by the acronym YTD.
This entry was posted on Friday, July 27th, 2007 at 4:34 am and is filed under Real Estate News, Real Estate Stats. You can follow any responses to this entry through the RSS 2.0 feed.
Leave a Reply
You must be logged in to post a comment.
Your July 15th Blog about why one might/might not want to wait 6 months to buy a home highlights why waiting could be a great thing to do. If you’re saying a house is an investment which I think you are, then the stats in this blog show waiting is the only responsible thing to do. $5000-$6000 saving in 6 months per your stats is a nice return on my investment don’t you think?
A home is not an investment any more than buying a boat is an investment in my opinion.
Tim,
If you think a home is not an investment than you must have been living on Mars for the last couple of centuries. Home ownership has been the ONLY safe and best investment if you look at the long view. Stocks are much more volatile, cars and boats are depreciating assets, gold is as volatile as stocks. The history of southern California real estate is, modestly speaking, 5% a year when all is said and done. When you speak of a $5K to $6K saving as a good return on your investment, what investment? You are paying someone else’s mortgage somewhere unless you are living in a tent and if that is the case, you will hardly be the envy of anyone I know. Wake up!And wake up in your own bed! Real estate has cycles. This one will change and smart buyers are out there now and not trying to outsmart or time the market.