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Median Home Price in County Drops 8.7% in January

San Diego Union Tribune -- Housing prices in San Diego County took their usual fall from December to January, a time when consumers spend more time at shopping malls than at open houses.

Lou Galuppo, residential real estate director at University of San Diego’s Burnham-Moores Center for Real Estate, said prices and sales are likely slipping because more people are scooping up less-expensive inventory in the $300,000 to $400,000 range. (Full Story)