“Bouncing Along the Bottom”

August 20, 2008 · Karin Cunningham

Last month I attended the Inman Real Estate Conference at the Palace Hotel in San Francisco. It was so cool because I got to listen to different panels of experts talk about the state of the real estate market, new and improved real estate technology, and a lot about blogging and websites.

It was interesting hearing from some of the econimists in the “Bear vs. Bull” panel where on a positive note, experts expect the housing market to “bounce along the bottom” for the next year and a half or more! WOW! If that analogy is true then this would make it a great time to buy a home as long as you qualify! If you don’t know if you qualify for a home loan or what your monthly payment would be it would be a good idea to find out! It doesn’t hurt or cost anything to try!

San Bruno has 7 homes for sale under $400,000, South San Francisco has 1 or 2 and Daly City has about 8. Those prices haven’t been seen around here since 2003!