Where is rock bottom? Are prices still dropping?

Real Estate Agent with McBride Kelly and Associates

Prices in some specific properties continue to drop. Do we need to hit rock bottom before this trend stops? Hopefully we can be smart and look at the positives that might help us. With the weaken market we can expect to have interest rates stay low and consistant for a while. Sales seem to favor the smaller homes as of late, so maybe a more cautious consumer is out there. And for large homes you are listing maybe tweaking direct markets more. I'm hoping it not be the bottom that stops us but a smart and conscience effort from everyone.

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