I want to make it official.....I Scott Barr declare that Riverside county in California has reached the

 bottom of the market for housing. At least that's what I told some friends at a dinner party back in April.

At first I made a blanket statement that we will look back a year from now and see that April was the

 bottom of the real estate market in our area. Then it occurred to me that I was standing in the kitchen of

a home located in San Diego county.Ooops...wrong county. (I think San Diego and Orange county have a

little more deflating to take place.)I quickly clarified myself and stated that I

meant the county that I primarily work in Riverside. The color returned to my friends faces and I averted

a public stoning for prophesying incorrectly.

            I came to this conclusion after being beat out by other offers that were a little higher than my clients.

 Keep in mind that we are sometimes bidding $20,000 or more per offering. It's happened with five

different sets of buyers. The same thing seems to be occurring with other agents.

This type of thing is prevalent in the Menifee,Murrieta, Temecula and even San Jancinto, Hemet area's.    

          I make this "prediction" realizing that if I'm wrong, cyber space will forever have record of my insight.