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October 19, 2006

Home Slump Deepens

©Sacramento Bee, 2006

Home prices are still falling -- and this time it doesn't matter where you live.

Three months after Sacramento, Placer and San Diego counties topped California for falling prices, the malaise has spread across the capital region and parts of the Bay Area and Southern California, new September sales figures show.

All eight Sacramento-area counties reported lower median sales prices in September compared with the same month in 2005, the first time declines have become so widespread since home sales prices began falling a year ago...

read the entire article here

Posted by Jeff at October 19, 2006 6:41 AM

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