Sunday, February 15, 2009

More than 25% of homes in county worth less than mortgage balance

Coronado was discussed in the article from the Union Tribune:

In just two high-end communities is the number of such properties under 10 percent: La Jolla, 8.4 percent, and Coronado, 9.5 percent. However, some economists believe these and other wealthier neighborhoods are likely to see further depreciation this year even as the bottom end of the market firms up.

Read the entire Union Tribune article here.

Yours Truly,
A Nado Local

Send feedback or see more of Coronado Island at eCoronado.com


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