SAN DIEGO—Homepricing is slowing again in the metro area, with threeconsecutive months of month-over-month decreases in average homeprices ending in September, RealtyTrac's VPDaren Blomquist tells GlobeSt.com. The firmreports that the San Diego housing market is not out of steam yet,but could experience some softening in the foreseeable future. Wespoke with Blomquist about what he sees happening in San Diego'shousing market, and whether the ups and downs are cause forconcern.

GlobeSt.com: Two years ago, the San Diego housingmarket hit a soft patch, and now we're seeing a three-month trendof home pricing softening in the region. Do you anticipate more"soft patches" to hit the San Diego housing market in thefuture?

Blomquist: Yes. San Diego, just likemany other housing markets across the country, is a cyclical marketthat tends to have years of feast and famine. Home-priceappreciation is slowing again in the metro area, with threeconsecutive months of month-over-month decreases in average homeprices ending in September.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.