I think it shows that the market here is softening a little bit. San Diego was advancing more rapidly than other places and we may be topping out first.

219

More than 30 percent of the job growth is in leisure and hospitality, and those jobs are not high paying. So there is a little bit of a worry about job quality.

210

With less appreciation, consumers will be less able to tap into home equity loans to finance their purchases, which could put a damper on the national economy.

197

The number of home sales is down, price appreciation on most homes is not as great as it used to be, and it's taking longer to sell homes. That could mean less growth in construction work.

190

What I don't see is a collapse in pricing. To get a collapse ... there would have to be a big job loss where people are forced to put their houses on the market for distress sales.

176

I'd say housing is overpriced, but whether or not that implies that prices are going to crash is a different question.

175

Another gas price spike would be serious.

144

Generally good news in terms of San Diego, we will outperform California and the rest of the nation.

136

They took a sharper run up in prices, so it makes sense that there's a decrease there. Some people have been priced out of the housing market, but others are waiting.

113