Comments on: Home Prices Increase In a Number of States in 2008 http://www.therealestatebloggers.com/2009/01/26/home-prices-increase-in-a-number-of-states-in-2008/ Real Estate Blog, Mortgage, and Development News Sat, 20 Mar 2010 11:25:08 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Moving Boxes http://www.therealestatebloggers.com/2009/01/26/home-prices-increase-in-a-number-of-states-in-2008/comment-page-1/#comment-336105 Moving Boxes Thu, 29 Jan 2009 20:57:33 +0000 http://www.therealestatebloggers.com/2009/01/26/home-prices-increase-in-a-number-of-states-in-2008/#comment-336105 There are definitely certain cities that have been hit harder then others. The good news is that some cities have actually gone up in price, which is so often not reported in the news. It is looked at mainly from a state perspective which averages everything together. For example, in the San Diego area it was reported last month that two cities went up in price. The two cities are Rancho Sante Fe and Solana Beach. Other cities like Coronado are holding their own. So when you look at San Diego as a whole, it seems dismal as there are cities like El Cajon that have been cut in half. It really depends on what city. It is my opinion,when looking at state statistics it often doesn't take into account the unique standings of specific cities. If some cities are still doing well, I think that is promising news for everyone. There are definitely certain cities that have been hit harder then others. The good news is that some cities have actually gone up in price, which is so often not reported in the news. It is looked at mainly from a state perspective which averages everything together.

For example, in the San Diego area it was reported last month that two cities went up in price. The two cities are Rancho Sante Fe and Solana Beach. Other cities like Coronado are holding their own. So when you look at San Diego as a whole, it seems dismal as there are cities like El Cajon that have been cut in half. It really depends on what city.

It is my opinion,when looking at state statistics it often doesn’t take into account the unique standings of specific cities. If some cities are still doing well, I think that is promising news for everyone.

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