San Diego - Most home sellers losing big bucks

by John Wake on September 16, 2008

Well, at least we aren’t San Diego.

Almost two-thirds of property owners who sold homes in San Diego County this summer lost money on the deal, according to an analysis by MDA DataQuick, a San Diego real estate research firm.

Those who lost money were down an average of $161,000, or 35.5 percent less than the home had sold for previously.

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