timetobuy your best choice for a realtor in los angles ventura county ca: RELAX...SoCal Home Prices Coming in for a SOFT Landing #TimeToBuy
- 02/28/19 10:35 AM
Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead, this time they will come in for a soft landing.
The previous housing market was fueled by an artificial demand created by mortgage standards that were far too lenient. When this demand was shut off, a flood of inventory came to market. This included heavily discounted distressed properties (foreclosures and short sales).
Today’s market is totally different. Mortgage standards are tighter … (0 comments)
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