12
May
California Housing Forecast – 2nd Half of 2010
California real estate forecast
General real estate market observations imply that the market should see continued price stabilization or edge up in the foreseeable future, yet there is still a lot of uncertainty about the rest of this year. For one thing, it remains to be seen how the housing market will sustain itself now that the federal Homebuyer Tax Credits have ended.
California has their own home buyer tax credit of $10,000, but many believe it will be over-subscribed within a few weeks. For further information on the California home buyer tax credits the link is: http://www.brokerforyou.com/brokerforyou/california-homebuyer-tax-credit-monies-may-run-out-fast.html
