Sonia, Home Buyer in Livingston, CA

is the housing in Livingston,CA going to reduce prices or increase in the future?

Asked by Sonia, Livingston, CA Wed May 11, 2011

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I think we have to wait till election time next year to see the direction the housing market goes. As it now its seems it shall be the same. The inventory of homes has not grown that much as couple of years ago. But unless we are get rid of short sales we have to see a slow market for next 2-3 years.

There is a good bargain for buyers in terms of historic low interest rates like for 30-years fix loan its 4.25 % APR.

So overall I think it will be slow but shall not fry down the price like 2008.
0 votes Thank Flag Link Mon Sep 26, 2011
Unfortunately none of us can predict the future, as none of us knows where the market will head tomorrow or down the road; if you are ready to buy and need to buy, no reason not to consider purchasing...
0 votes Thank Flag Link Thu May 12, 2011
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