2008 Housing Review and 2009 Predictions
Steven Thomas, President of Altera Real Estate recently released his latest Orange County Housing Report and it is definitely worth taking the time to review if you are curious about how the 2008 housing market finished and the possible outlook for 2009. It's a very comprehensive summary. I would encourage you to review the charts for Active Listings and Pending Sales. I love the way that it visually lays out the '05, '06, '07, and '08 numbers for comparison. One thing worth noting is th…
Read more...The Second Wave Is Coming – It’s Not Over Yet
My husband, Michael cringes when I post things like this - but I never promised to bring you just the Pollyanna good news in the market. The '60 Minutes' piece speculates that we are about halfway through this housing crisis. According to the show, the first wave of this crisis was made up of sub-prime loans. The second wave is predicted to be Alt-A loans and Option ARMs that have adjustments coming. Watch CBS Videos Online Sean Egan, considered to be one of 6 Wall Street experts…
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Linsey Planeta
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