I can't believe I'm reading this. Just when I thought there were no honest realtors and that realty times wouldn't let one publish anything honest, BOOM - a realtor in San Diego writes the obvious - that the market has turned, that a 20%+ drop is coming and that the ponzi scheme is over
San Diego Real Estate -- A Trend to Go National?
Just this summer, it was almost impossible to find a new San Diego real estate development that cooperated with real estate brokers. If you could find a developer co-opting, it was most likely way below the traditional 3 percent rate.
Well, just a few short months have passed and a current read of the Sunday homes section of the San Diego Union Tribune shows that though the real estate market does not make discernible moves in a day like the stock market, a couple of months can easily define the local real estate trends
November 19, 2005
Posted by blogger at 11/19/2005