This issue actually discusses the thought of a shortage in supply of homes in some areas, and the outlook for Spring is overwhelmingly positive even bullish for the housing market. It’s interesting to know that the current home values in 2012 are similar to values in 2002. My feeling is we hit the bottom of the real estate market over the last year, and now through 2012 prices will remain stabile. I don’t see any major market moves one way or the other until Spring/Summer 2013 when things start heading up! Of course this is just one man’s opinion!!! Please read the report below.
Prudential CA Realty SD Market Overview March 2012
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