San Diego Real Estate Blog

Where will home prices head the rest of the year? It depends, in large part, on how many more foreclosures are made available for sale. This is according to a new study by LP Applied Analytics, a real-estate research firm, makes clear.

Let me tell you my prediction. Real Estate prices will continue to rise slowly. By the end of next year bidding wars will be gone because I believe prices fell below the affordability level. This was because buyers did not get the hint early enough that prices were at the bottom. They will come back to affordability level will slowly get back to "regular market." Please call me with any questions.

Leonardo Gonzalez

http://www.ChulaVistaCommunities.com