Greg Fielding's  Instablog

Greg Fielding
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Greg Fielding is a long-time real estate professional, blogger, and founder of the real estate news community
My company:
Bay Area Real Estate Trends
My blog:
Bay Area Real Estate Trends
  • Housing's Head and Shoulders 0 comments
    Nov 9, 2010 7:12 PM

    Bay Area real estate price are forming a classic "head and shoulders" formation. Home buyers and sellers should carefully consider their actions. Home prices have begun the next phase of their decline.

    Home prices are in the process of reverting to pre-bubble levels. The longer it takes to get there, the longer it will be before any real recovery can begin. So how long will it take? If it weren't for Uncle Sam, we would probably have already hit bottom and be looking back up by now.

    Bay Area Home Price Illustration with Case-Shiller Data

    Disclosure: No Positions Mentioned
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