Yup, that’s right folks. According to the well-known and well-respected Case-Shiller Index published by Standard and Poor’s, San Francisco home prices in July 2008 were down a whopping 24.8% from a year previous. How can this be, when you read right here that median prices were down YOY (year over year) a “mere” 11.3% in September (see Oct 23 blog below) and just 5.5% YOY for July 2008 — see my market trends archive.) More realtor fluffery, you huff, designed to make the credulous public believe that things are not so bad. ...