I have been up there alot lately for two clients. I could not agree more with the previous poster about prices dropping there over the next few years. I don’t know how far that they will drop so I will not make any bold predictions about that. All I would say is that there is so much inventory in that area that you have mentioned that it is really inevitable. From a supply/demand point of view you are really in the catbird seat if you can wait. You mentioned that you are already locked into a particular loan so that would imply you have already made an offer on a home. Is there a particular home you are thinking about or want information on.
