While people generally understand that real estate and stock markets go up and down, many do not really comprehend what we could be facing.Â The important thing to remember is that prices are not plumeting in every area.Â There are stable local markets
.Â Please realize that prices will fall in these markets as well, just perhaps not at the same rate as others.
Monitor the number of foreclosures in order to get a feel for what could happen.
Best to you,
Mark and Kari Shea
San Diego Real Estate Professionals
REO, Investment, Developer Sales, Buying and Selling Real Estate