I'm sure nobody has missed the latest headlines -- real estate prices are down. And not to put a glossy spin on this, BUT: Los Angeles is only down 1.7% from March 2010. Remember, all real estate is local (property investors and flippers are out in full force right now). The good news is that the national bad news has caused interest rates to go down, still, again. I personally am seeing many buyers in all price ranges in Studio City, Burbank, Encino, North Hollywood, etc. So please, don't anybody panic!
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Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois - Naperville, IL
Realtor Broker - Naperville
Great short post! Houses are still selling amd every area is different. We afre selling in Naperville Illinois at a consistent rate!
Jun 01, 2011 12:23 PM
Worcester, MA
"The Mortgage Buddy"
I hate to say it but home prices are going no where but down for at least the rest of this year.
Jun 01, 2011 01:56 PM
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