San Clemente Real Estate Holds on Stronger than National Average |
San Clemente real estate, including Talega real estate, continues to show its strength relative to the nation's overall real estate market. As reported today on CNN, the national average for home prices posted a record 18% decline for the month of October compared to October 2007 according to the S&P Case-Shiller Index (monitors market performance in top 20 metropolitan markets). San Clemente real estate, on the other hand, only posted a 12% decline for the same period, meaning it's 33% more resistant to declines than the national average. On a regional level (Orange County and Los Angeles) where prices have declined over 25% for the same period, San Clemente real estate has been over 50% more resistant to declines. For more in depth analysis of the San Clemente real estate market, please read our blog on the November San Clemente market performance.
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