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Title	Housing data has glint of stability
Message	San Diego Union-Tribune--A slight increase in home prices in February, along with improvement in other indicators, offered a hint of a stabilizing, if not recovering, housing market for San Diego County in the months ahead. MDA DataQuick reported yesterday that the overall median price rose $5,000 to $285,000, the first monthly increase since last April, while active listings fell to their lowest level in three years. In addition, foreclosure homes represented a smaller share of the sales that were completed. “It's possible we're picking up on signs that price stability could be down the road, meaning months ahead,” DataQuick analyst Andrew LePage said. He cautioned, “I think the road to housing recovery will be long and undulating, and some submarkets will be ahead of others.” Norm Miller, a real estate professor at the University of San Diego, discounted any talk of recovery but agreed some areas might begin stabilizing. (Full Story)
Contact	Jeryldine Tully \| jtully@sandiego.edu \| (619) 260-4786
Web Address	http://www.sandiego.edu/business/centers/real_estate/