Home price appreciation in San Diego County is nearly back to a normal pace, continuing its descent from last year’s gains of more than 20 percent.
On a hill overlooking the massive freeway merge near Carmel Valley, construction workers are building what appears to be the kind of complex that would soon be decorated by tall balloons and “for sale” signs.
Assessed property values in San Diego County rose 6 percent last year.
Foreclosures and default notices in San Diego County continued their downward trend in May, as rising home prices continued to give people enough equity to get out of bad loans.
Just three years after negotiating a deal with a mega investment firm to save the Hotel del Coronado from a loan default.
San Diego, CA 92122
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