Thursday, August 21, 2008

How is the Real Estate Market in San Diego?

The real estate market in San Diego has been slow to say the least. Property values are dropping fast and the foreclosure signs are popping up all over the place. It would probably be a few years before the market turns around there.

The next phase of loan resets should hit in 2009. Once this is through I think we will see where we are at in terms of market exposure.

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