I know I sound like a broken record, but there is more and more evidence that the "bottom" of the real estate market is probably behind. Check out the headline and the link below to the fine article by esteemed journalist Chip Jacobs -- there is competition swelling up for certain types of homes. I have detailed statistics for any area comparing 2008 to 2009 activity, please call or e-mail if you have an interest. - Jeff
The median price in Southern California may have plummeted, but in more desirable neighborhoods, home buyers are still engaging in bidding wars.
http://www.latimes.com/classified/realestate/news/la-fi-cover3-2009may03,0,7623052.story
