http://www.biggerpockets.com/renewsblog/2006/11/14/real-estate-news-bubble-briefs/ Learn, Network, Invest Sat, 11 Feb 2012 20:37:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.biggerpockets.com/renewsblog/2006/11/14/real-estate-news-bubble-briefs/#comment-11685 San Diego Lasik Doctor Mon, 20 Nov 2006 21:42:53 +0000 http://www.biggerpockets.com/renewsblog/2006/11/14/real-estate-news-bubble-briefs/#comment-11685 Interesting post, San Diego, one of the hottest real estate markets in the past five years, has now becoming a leader in depreciation. Most real estate professionals would argue with the official stated amount of depreciation in favor for a more realistic approach of 10-15% from the high made in the summer of 2005. When one considers that the median home price in San Diego is approx. $550,000, this is quite a big drop. The insider consensus would seem to favor a much greater decline in 2007 when the majority of 100% adjustable loans will come up for their first adjustment or re-amortization Interesting post, San Diego, one of the hottest real estate markets in the past five years, has now becoming a leader in depreciation. Most real estate professionals would argue with the official stated amount of depreciation in favor for a more realistic approach of 10-15% from the high made in the summer of 2005. When one considers that the median home price in San Diego is approx. $550,000, this is quite a big drop. The insider consensus would seem to favor a much greater decline in 2007 when the majority of 100% adjustable loans will come up for their first adjustment or re-amortization

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