San Diego home sales lowest in four years
Monday, November 14th, 2011, 10:45 am
San Diego home sales in October were the lowest in four years, falling 8% from the same month last year, according to the San Diego Housing Market Monitor report.
The report, which is produced byÂ The Berkland Group, says the decline was across all price ranges, the largest being in the $500,000 to $900,000 price range.Â It attributed a reduction in demand to lowered mortgage limits.
On Oct. 1,Â FHA loan limitsÂ were lowered from $729,750 to $625,500.
The Laura Kelley Group
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