By Bob Schwartz, CRS, GRI, San Diego real estate
broker
�2007
Broker For You
All rights reserved.
Read the excerpt below as another major news
organization reports the FACTS! �..
By Chris Isidore, CNNMoney.com senior writer
February 24, 2006: 2:49 PM EST
NEW YORK (CNNMoney.com) - Home builders are growing
concerned about an increasing number of cancelled new
home orders, which experts say could be a sign of an
underlying weakness in the recent run in home prices.
Specifically, the cancelled orders could be the latest
warning sign that buyers who were turning to real estate
as an investment, rather than for their own housing
needs, are shifting out of real estate. And that could
mean that in many hot markets, the air is about to come
out of over-inflated real home prices overall.
ABOUT THE AUTHOR
Bob Schwartz, is a Certified Residential Specialist, CA licensed real estate
broker with www.Brokerforyou.com. Bob
has over 27 years of residential real estate experience, authored a number of
published articles and served as an expert witness for
San Diego legal firms. You can contact Bob via
e-mail at brokerforyou@gmail.com or visit his highly popular
San Diego real estate website at:
http://www.brokerforyou.com
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