“Historically low interest rates and limited inventory in 2013 fueled some of the greatest housing appreciation in San Diego County since the early 2000s…
“San Diegans bought 42,702 homes last year, a slight uptick from 2012 but the most since 2006, the last full year before the Great Recession.
“Last year was a great year for investors, who in June enjoyed 24.1 percent annual appreciation — a post-Great Recession record — to a median price of $420,000…”
Read the rest of Union-Tribune San Diego’s article on 2013’s real estate market in review here.
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