Median San Diego Home Price Hits $500,000

As if the San Diego county housing market couldn't be any more demoralizing for first-time buyers, the median price for existing homes in June has hit the - gasp! - $500,000 mark. I don't know what to make of this other than this is sheer madness - and I'm a homeowner! Read a report from the Union-Tribune about one house in particular and gasp for yourself.