beachfront: California Association of Realtors® '2008' Housing Market Forecast for California - 10/11/07 11:09 AM
California's housing is predicted to post a modest decline this coming year - but the sale of existing homes will stabilize from the precipitous decrease experienced this year, in 2007, according to C.A.R.'s "2008 California Housing Market Forecast" released today.  The Trade Show for CALIFORNIA REALTOR® EXPO 2007, running from Oct. 9th thru 11th in Anaheim, California, at the Anaheim Convention Center. This is where the afternoon prediction and announcement was made.  The trade show attracts thousands of attendees and is the largest state real estate trade show in the nation.
They expect the median home price in California to decline only … (0 comments)

beachfront: UCLA Is Forecasting That The U.S. Economy Will Avoid A Recession - 09/13/07 03:05 AM
The latest UCLA Anderson Forecast quarterly report states that the U.S. will not hit a recession - but we will find it could be perceived to be close because of decline in some jobs and the national badgering daily talking about the subprime mortgage crisis.
Yes, I agree that some lenders should not have given loans to some of the borrowers, but the news media continually sensationalizes certain subjects - and they seem to be continuing to attack the housing and lending industry.  Do they not know the housing industry drives the entire economy?  I recently spoke with a national news media … (1 comments)

 

Gary Glaser

San Diego, CA

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Ocean View Homes

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