Interesting article:http://www.wallstreetdaily.com/2011/05/26/cme-real-estate-prices/?source=patrick.net#content
The bottom line:
"Whatever you do, though, don?t rush to buy residential real estate. As I?ve hopefully demonstrated by now, prices are headed one way from here ? down. So even though local markets differ, chances are you?ll get an even better deal the longer you wait."
Wonder how long Irvine can hold out in the declining market...
The bottom line:
"Whatever you do, though, don?t rush to buy residential real estate. As I?ve hopefully demonstrated by now, prices are headed one way from here ? down. So even though local markets differ, chances are you?ll get an even better deal the longer you wait."
Wonder how long Irvine can hold out in the declining market...