I get asked this question a lot from sellers of land in the Whitewater area of Riverside County, CA. A couple years ago I told all the people that contacted me how much the value of their land lots had gone down, and if they didn't need to sell to hold off.
That was in 2008-2010. Now here we are in 2011 and people are again asking me if it's a good time to sell their land. My answer before was if you didn't have to sell, then I would suggest waiting. My answer now is things are getting better and people are again looking at land. Not like they were in 2004-2006, and not at the same inflated prices, but people are looking. So, if it was my land I would go ahead and list it, but at today's prices. Forget what I told you a few years ago, that time has passed.
Kathy McGraw- Broker CELLing Realty (951) 849-7249