I still remember when housing prices headed down in 1990 to 1996. It took until about 1994 for people to not even want to talk about buying houses in CA. CA has had several housing cycles since the 1970’s. This indicates to all who can read a graph that we’re due for a recovery in house prices the next few years. Assuming this is like the last few cycles.
Give it another year or two. And see how the population is feeling about house prices. It’ll take that long for people to figure out that this recession in not like the previous few.
