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Old 08-18-2010, 05:08 PM   #28
GRIFFIN
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Join Date: Mar 2008
Location: California
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Quote:
Originally Posted by DarkM3 View Post
do you think home prices will continue to drop in So Cal? i'm thinking it will be the way it is and/or worse for the next ~3 years.
We have slowed alot with the drop. It is still goig down, but not as bad. With the foreclosure and short sales, those affect home values and continue to reduce values. I feel that we will not recover for at least 3-5 years. It will take many years for the equity to build back up.
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Last edited by GRIFFIN; 08-18-2010 at 05:13 PM.
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