Wednesday, January 24, 2007

Has the Market finally hit bottom?

Has the San Diego market finally hit bottom?

Good news for San Diego real estate. Everyday, more and more economists are saying that if we haven't already hit bottom, we're close!

The most recent came from David Berson, Fannie Mae Chief Economist. Berson told reporters last week that the "biggest declines are behind us. He also said that by mid-year, most of the decline in investment activity should be behind us."

That's great news! This means there is a small window where prices are likely still artifically low, along with low interest. These conditions are prime for investors and 1st time home buyers looking for a long term strategy, as opposed to the buy and flip strategy that was so popular a few years ago!

Have a blessed day!

Marc

Go to http://www.MarcVonMusser.com for everything you need to capitalize on the current real estate market!

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