Today we have 2008 figures from DataQuick via the LA Times. Nice to see they also break it out by price/sq ft as well as single family residence (SFR) vs. condo, so we have some more data to digest.
What do you notice? Condos were hammered a lot worse than detached homes, in terms of price declines last year. Is 2009 the year more expensive homes feel the pain as more (non subprime) loans reset?
Wednesday, January 21, 2009
Year-end DQ stats
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1 comments:
Wow, check out San Juan. If the low end is supposed to be predictive of where we will be, then San Juan condos are predicting a 70% decline. Yikes.
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