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San Diego County home values dropped 0.8% from August to September — a worse performance than the 0.6% drop of the largest 20 cities, according to Standard & Poor's/Case-Shiller data released this morning (Nov. 29). San Diego values were down 5.4% from the same period of 2010, worse than the 20-city index's drop of 3.5% year over year. Many economists expect further declines of U.S. home values. San Diego residential values are now down 38.5% from their peak in November of 2005.

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Comments

Andy Boyd Nov. 29, 2011 @ 9:32 a.m.

I'm all for this! As a future buyer, the cheaper the better.

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Don Bauder Nov. 29, 2011 @ 10:52 a.m.

Prices peaked at ridiculous levels. The decline, large as it is, could be healthy for the overall economy. However, the prices could go lower. Best, Don Bauder

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