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1 comment:
although I believe that prices may stagnant for quit some time we have not yet experienced a really really large drop in the prices of houses in most areas of the country' when compared to the enormous increases that had taken place from early 2000's to mid 2000's' although I believe it could be more that ten years before the housing markets returns to what would be considered normal. Also keep in mind that areas like the southwest and florida are great places to now buy a summer home because of all the empty condos and houses which has greatly depressed prices. Also these areas will now be much more attractive places for americans and international investors to invest in or buy a summer home at a great price. Because of this I believe we will see a recovery more quickly in the southwest than in other areas of the country.
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