do you think house prices are still going to go down.for how long?wanting to buy a house in lake los angeles

Asked by Renan, California Thu Jan 29, 2009

ca ,littlerock ca.thanks

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Linda Bagley, Agent, Seattle, WA
Thu Jan 29, 2009
Hello Renan,

While home prices are expected to go down, how long is dificult to say, however you have to be concerned with interest rates as well. By waiting you may loose with potientially higher interest rates what you gain in a lower price. Prices are great in many areas and if you find the perfect home you may want to take advantage of these amazing interest rates.

Best of luck,
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Penny O'Brien, Agent, Las Vegas, NV
Thu Jan 29, 2009
yes, prices are projected to go down until the latter part of the year at least.
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