Friday, April 17, 2009

Upswing in real estate is likely to continue.(San Diego, California)

Local real estate and construction executives see a slightly better year ahead, and at least one academic observer agrees.

In the past two years, San Diego County has come out of a market tailspin that started in 1990 and saw property values decline as much as 30 percent. But 1998 was not such a year, and 1999 looks like it will also see higher rents and real estate prices, say local real estate and construction executives surveyed in the Ninth Annual Deloitte & Touche/San Diego Business Journal Economic Outlook Survey.

Some parts of the local real estate economy will do ...

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