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San Bernardino and Riverside Counties The Inland Empire
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Old 07-01-2008, 03:12 AM
 
39 posts, read 151,035 times
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Are there any signs of housing prices going back up? And what are the pros and cons of the housing market if it keeps going down in most areas?
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Old 07-01-2008, 07:33 PM
 
79 posts, read 347,180 times
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Default Housing prices

Hi, I have been reading a blog for a while: Inland empire real estate blog

The guy must be a real estate agent, and he is updating the blog pretty often about the market conditions. I really enjoy his blog. Probably this answers your question.
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Old 07-02-2008, 11:54 AM
 
315 posts, read 349,638 times
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He's not an agent, I think he's a financial guy so he knows how to show the monthyl #s which are not looking good. Good blog.
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Old 07-02-2008, 01:32 PM
 
Location: Temecula, CA
83 posts, read 381,847 times
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Quote:
Originally Posted by dude25 View Post
Are there any signs of housing prices going back up?
I hope so. Not the response you want to hear if you're looking to buy.... but if you're selling, have money vested in a property or looking to get back some equity then you'd want to see home values going up.
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Old 07-03-2008, 06:58 PM
 
365 posts, read 1,419,205 times
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Calculate how much you are paying in rent, compare that with buying, and buy if its close to the same. If you live in the IE and are trying to sell, I hope you have a good reason or a lot of equity. Watch for stronger markets like Orange County to come up first (which is improving on the sales and decreasing inventory side, while prices are still slowly dropping)
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