Here’s the latest news on the state of the real estate market from the UCLA Anderson economists. While this is encouraging news I have to temper these expectations a bit. While I certainly don’t have all the data they have I am more conservative with my expectations for the recovery of real estate prices. Nonetheless, this is just another indication that we are getting closer to the bottom of the real estate price trough.
Take a look at the video and let me know what you think.
Remember, this is a great time to be a buyer. Sellers that currently have their home on the market during this time of the year are selling because they really need to sell. There are deals to be made. Let me know if you need some help identifying those deals either as an owner occpied home or as an investment property that creates great cash flow.
Have a great day,