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Not Enough Buyers For What’s Built In California

The Press Enterprise reports from California. “Throughout Riverside and San Bernardino counties real estate agents say that since the first of the year they have seen multiple offers reminiscent on a small scale of the home-buying rush of a couple years ago. The real estate market now is fueled largely by young renters vying for modest homes, many in need of some repairs. The latest buyer frenzy, real estate agents say, is focused on lender repossessed houses priced below $300,000.”

Original Source: thehousingbubbleblog.com


  19 April, 2008| housingblogs | @ 20:35

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