Monday, May 30, 2011

These 12 Real Estate Stats Scream One Thing

Interesting article posted by Terran on Talk Irvine:

The bottom line:

"Whatever you do, though, don’t rush to buy residential real estate. As I’ve hopefully demonstrated by now, prices are headed one way from here – down. So even though local markets differ, chances are you’ll get an even better deal the longer you wait."

Laguna Beach continues to sink, just like the broader, declining market...

1 comment:

Anonymous said...

26 Sandy Cove, Crystal Cove. Just Sold.

Seller made nice 1.2 million dollar profit, holding the property since 2002.

So much for your thesis.

Dozens of examples of homes values and closed sales at high values....

Looks like Blue must have missed the boat...oh well.