It's only been a few weeks since my observation that prices appeared to be stabilizing in some markets.
Today's San Jose and San Francisco papers trumpet the same news:
San Jose Mercury News - front page headline "Home sales firming up" - they quote Matthew Anderson of Foresight Analytics.
San Francisco Chronicle - bottom of the front page, headline "Median home prices inch higher" - they quote MDA DataQuick.
Stay tuned - if there's no more macroeconomic shocks to the system, we could be at the bottom of the cycle on single family home prices.
Commercial Real Estate is another story - I don't expect good news or price stability until 2010 as the shorter term loans on those properties reset in the coming months.
Contact Info | Resources | Order an Appraisal | News | FAQ | Our Technology | Home | Site Map | About AVM's | Why Order Online? | Our Service Area | Boxberger's Blog | Win $1000
Copyright © 2010 Boxberger AppraisalsPortions Copyright © 2010 a la mode, inc.Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map