The forecast for San Diego County came out from UCLA Anderson and it presents some interesting news for San Diego and the local economy and real estate markets.  I've reprinted the press release below, dated May 15, 2009.  The UCLA Anderson Forecast today released its annual economic forecast for San Diego County. The Forecast states the official end month for the national recession is likely to be early in the second half of 2009, and the worst of the problems...continue reading...

A latest report from the National Association of Realtors reveals some interesting new facts.  Not unexpectedly, home prices continue the downward trend but sales for the month of March were up again.  Please read the full report below. Existing-home sales eased in March but first-time buyers are responding to low mortgage interest rates and tax credits, according to the National Association of Realtors . Lawrence Yun, NAR chief economist, said the market appears to be stabilizing with modest monthly ups and downs,...continue reading...