how long till market starts to turn in the lakeside area of az?

Scott
Both Buyer and Seller
Fresno, CA

Answers (1)
Scott Struble
Broker
85935
FIRST ANSWER

Market indicator say the market will turn around in 14-18 months but we will be five years before we get to the highs of 2007. Tax revnue will decline because of lower price homes and bank owned homes, and general land value reduction due a drastic change in speculation, contractor reduction, and poor, poor jobs stablity due to cycles in the market. We are due have a very slow winter season and expect more of the same for 2010. Good luck.

Wed Oct 7 2009, 21:46

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