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San Diego's Not Alone
Published: Thursday, August 28, 2008 2:15 PM PDT
I just saw this on BusinessWeek's real estate blog. It's a graph compiled using the Standard & Poor's/Case-Shiller home price index data for the 20 cities studies in the national index.
Bespoke Investment Group created the graph, which lines up the 20 cities in order by the size of their markets' drop from the peak. San Diego's decline is fourth-deepest, with the 30 percent drop I wrote about earlier this week. It comes in after Phoenix, Las Vegas and Miami.
The red bars in the middle represent the drops in the national indexes -- the 10-city and 20-city indexes.
In my story last week about downtown condos, I included some details about the Miami and Phoenix downtown cores, next to which San Diego's sizable stock of new unsold condos absolutely pales.
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This Just In
Frye's proposals will be discussed behind closed doors. » Jan. 8 -- 5:26 pm
More factoids on why a free lunch makes money for San Diego Unified.
Jan. 8 -- 3:07 pm
Hoover tops the list and La Jolla is last.
Jan. 8 -- 2:09 pm
SURVIVAL IN SAN DIEGO
San Diego's new city attorney lets AG handle the predatory lending suits.
Jan. 8 -- 5:40 pm
LETTERS TO THE EDITOR
Want to drink recycled sewage? Don't forget to factor human error into the equation.
Jan. 8 -- 2:11 pm
CAFÉ SAN DIEGO
Here's a look at the tangible results MPAs have yielded.
Jan. 6 -- 4:30 pm
COMMENTARY: SLOP
Convicts find freedom, the former city manager of Chula Vista heads to Iraq, and more tidbits.
Jan. 6 -- 7:22 pm
COMMENTARY: RICH TOSCANO
The median-based price indicators closed out a dismal 2008 with another monthly decline.
Jan. 6 -- 4:06 pm
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