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The San Diego County median home price decreased for the second month in a row in August to $535,000, real estate tracker CoreLogic reported Tuesday.

Despite the break in rising prices, most experts caution that tight supply — fewer homes are for sale in 2017 compared to last year — should continue to keep prices high.

The half-a-million-dollar price tag for a home is still far off what houses were going for during the housing boom before the crash. The November 2005 peak of $517,500 equates to more than $644,000 in today’s dollars when adjusted for inflation.

A slowdown in August, a 0.5 percent decrease in price, is common after stronger sales in February through May, said Dana Kuhn, real estate lecturer at San Diego State University, and it is unlikely the median price would reach June’s peak again before the end of the year.

Read more at: http://www.sandiegouniontribune.com/business/real-estate/sd-fi-median-home-price-20170919-story.html

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The San Diego median home price cooled slightly in July, ending a three-month streak of record-breaking peaks.

The $537,750 median dropped nearly $6,000 from last month but still increased 8.6 percent in a year, CoreLogic reported Tuesday.

Experts attribute the high prices to a lack of homes for sale and intense demand. The relatively small reduction in home prices from last month does not have anyone thinking prices are heading south.

“I don’t see anything pushing prices back at this point,” said Mark Goldman, a finance and real estate expert at San Diego State University.

The new median home price record is still far from what the region experienced during the housing boom. When adjusted for inflation, the November 2005 peak of $517,500 equates to more than $644,000 in today’s dollars.

read more at: http://www.sandiegouniontribune.com/business/real-estate/sd-fi-corelogic-home-price-20170829-story.html

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SMART HOME SECURITY The market is also flooded with do-it-yourself house-monitoring options like Canary and SimpliSafe, which tend to be cheaper than traditional systems like ADT, but are often less comprehensive.

LiveWatch includes a touch-screen control panel and a smartphone app. It sells add-ons like cameras, garage door openers and smart locks. The system starts at $99, plus $35 a month for the basic monitoring plan.

A Ring video doorbell, starting at $199, alerts you to visitors or package deliveries. Ooma, the internet phone company, sells sensors that detect motion, water and if doors or windows are open. The starter kit costs $130.

LOCK IT UP Cameras and sensors will do little to protect you if you leave a door or window open. An open window provides easy access for not only human intruders, but also pests like bugs and rodents. Should it rain, you could come home to a soggy windowsill and damaged floors. So, at the very least, close the windows and doors.

read more at: https://www.nytimes.com/2017/07/14/realestate/how-to-protect-your-house-when-youre-on-vacation.html?rref=collection%2Fsectioncollection%2Frealestate&action=click&contentCollection=realestate&region=rank&module=package&version=highlights&contentPlacement=7&pgtype=sectionfront

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