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March 29, 2007
I apologize for the slow days with few entries. I am travelling in California and unable to post much. I do have several large entries which I hope to get up shortly. Thanks for your patience!
On a sidenote, property prices here in Southern California seem to have dropped only slightly (unlike Northern California, which has plummeted). In fact, it would appear that the market has completely stabilized.
To be honest I’m not sure what direction prices will head in here. It seems quite possible that prices will remain where they are, though the increase in foreclosures from the bubble burst may lead to a slight downturn. It’s probably a good time to sell, but since things aren’t dropping, one might be wise to hold until the market moves again in either direction.
For those shopping in California, they may find PropertyShark.com invaluable. It has TONS of information on values and things which Zillow sadly does not offer.
read comments (1)
March 29th, 2007 at 10:54 pm
Thanks for the useful link.