It’s No Longer An Extraordinary Situation In California

The Times Herald reports from California. “Most homes for sale in Solano County are classified as “distressed,” which likely means a change is coming to the area, real estate experts said Friday. ‘This is the first time in my 20 years in the industry that the distressed properties are driving the market,’ said Beth Brittenbach of Vallejo’s Century 21 Schutjer Realty. ‘They are putting downward pressure on prices and have created what seems like the beginning of an accelerated buyers’ market.’”
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Original Source: thehousingbubbleblog.com

  30 March, 2008| housingblogs | @ 18:55

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