Asked by Jonathan, Pleasant Hill, CA • Wed Feb 13, 2008
I am seeking a 3 or 4 bedroom home in Lamorinda (or Walnut Creek) with at least 2000 sq. feet and at least a .3 acre lot. Over the last year, I have seen much more homes listed (and sold) in this price range than in 2006 or earlier. With the recent change to Fannie Mae/Freddie Mac limits, do you expect that there will be even more homes available in this price range for the remainder of 2008, or will there be more in 2009 (when the changes to mortgage limits expires). I am in no great hurry to sell/buy this year -- unless there is a "window of opportunity" and passing it up would be economically foolish. All recommendations, suggestions and comments welcom. Thank you. Jonathan
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