The Union Tribune reported some negative AND postive news on the housing market yesterday. The "bad" news is that the number of sales declined again, the 34th month in a row. No real surprise there.

However, the good news (well, more so if you are a seller) is that housing prices rose across all three categories of housing - resale homes, resale condos, new condos and homes.

Here's a link to the full article. I suspect we will continue to see more buyers coming into the market as has been happening for the last couple of months. Stay tuned for more updates.

The headlines have blasted us with negative information about the housing market in San Diego throughout 2006

Be careful when reading the headlines, and don't draw your conclusions from them. Rather, read the entire article, as you will often find the news to be more positive than the headlines would lead you to believe. After all, negative news tends to sell papers.

If you want the lowdown on the housing market, read my post on the year-end housing market stats for San Diego. The news is pretty positive (although house prices are still high), and encouraging for the year ahead.

Jeff

I will be posting a summary report in January based on my review of the MLS statistics for the towns I service here in Southern California. The purpose, of course, is to give readers who are interested in this area of the country a better feel for what has been happening here over the last 12 months in the housing market.

Our city newspaper just reported a fairly positive overview of the housing market on a more global level today. Here is some more news on the housing market!

Do you have specific questions about a communtiy here in the San Diego area? Let me know and I will get you the information you need.