The Law Office of Michael E. Ripley

Exceeding Expectations

USA Today - There are a short supply of homes for sale and prices are up!

According to USA Today (January 31, 2013), homes for sale are in short supply, and prices are up.  The article indicates home prices in November were 7.4% higher on average than a year before.  Data also indicates that for the 19 major markets in the west, including San Diego, new listings are down 30% the first two weeks of January, 2013, compared to a year earlier.