Some predictions about bottom of housing could lead 2010 and further also there is no gain in this housing for a while…..
The facts are :
2004 and 2005 peak buyers who used 5 ARM yet to exercise the foreclosure trend to gain in their loses.
Job market is one single factor can do upside down and we are simply at the start of Job loss scenario
As per Eyeball2009 experts expectations entire California housing decline until the affordability factor of California near to the price ranges that are in Arizona, Colorado, Nevada would occur.
Final factor – people’s frustration – when this can turn as enterprenurship towards housing.