Visalia, California Real Estate Broker Predicts a 30% Increase in Home Prices.

[Sly]

As discussed in the business section of our local paper, The Fresno Bee, a local real estate broker predicted a 30% increase in house prices by next spring.

I assume he was speaking of the Visalia-Tulare California area as well as the Central Valley of California.

http://www.fresnobee.com/business/story/1371635.html

While the federal tax credits,low interest rates, and the start of the spring selling season may push up the housing demand resulting in some higher home values, I serious doubt there will be a 30% increase in home prices within the next 12 months.

Any opinions as to the accuracy of this prediction?

Sly

[5yearwaiter]

[quote=Sly]As discussed in the business section of our local paper, The Fresno Bee, a local real estate broker predicted a 30% increase in house prices by next spring.

I assume he was speaking of the Visalia-Tulare California area as well as the Central Valley of California.

http://www.fresnobee.com/business/story/1371635.html

While the federal tax credits,low interest rates, and the start of the spring selling season may push up the housing demand resulting in some higher home values, I serious doubt there will be a 30% increase in home prices within the next 12 months.

Any opinions as to the accuracy of this prediction?

Sly

[/quote]

If this prediction goes correct then prepare for further next Spring i.e 2011 a drastic severe housing turmoil again- just what we did in the past years 2002-2003 (keeping low interest rates and allow housing only a balloon to pop-up). Just try to grow in all fields uniquiely instead of housing only and that is also up to 30%. If you allow housing just 6-9% then I would say nothing is going to be happened again.

[5yearwaiter]

[quote=Sly]As discussed in the business section of our local paper, The Fresno Bee, a local real estate broker predicted a 30% increase in house prices by next spring.

I assume he was speaking of the Visalia-Tulare California area as well as the Central Valley of California.

http://www.fresnobee.com/business/story/1371635.html

While the federal tax credits,low interest rates, and the start of the spring selling season may push up the housing demand resulting in some higher home values, I serious doubt there will be a 30% increase in home prices within the next 12 months.

Any opinions as to the accuracy of this prediction?

Sly

[/quote]

If this prediction goes correct then prepare for further next Spring i.e 2011 a drastic severe housing turmoil again- just what we did in the past years 2002-2003 (keeping low interest rates and allow housing only a balloon to pop-up). Just try to grow in all fields uniquiely instead of housing only and that is also up to 30%. If you allow housing just 6-9% then I would say nothing is going to be happened again.

[5yearwaiter]

[quote=Sly]As discussed in the business section of our local paper, The Fresno Bee, a local real estate broker predicted a 30% increase in house prices by next spring.

I assume he was speaking of the Visalia-Tulare California area as well as the Central Valley of California.

http://www.fresnobee.com/business/story/1371635.html

While the federal tax credits,low interest rates, and the start of the spring selling season may push up the housing demand resulting in some higher home values, I serious doubt there will be a 30% increase in home prices within the next 12 months.

Any opinions as to the accuracy of this prediction?

Sly

[/quote]

If this prediction goes correct then prepare for further next Spring i.e 2011 a drastic severe housing turmoil again- just what we did in the past years 2002-2003 (keeping low interest rates and allow housing only a balloon to pop-up). Just try to grow in all fields uniquiely instead of housing only and that is also up to 30%. If you allow housing just 6-9% then I would say nothing is going to be happened again.

[5yearwaiter]

[quote=Sly]As discussed in the business section of our local paper, The Fresno Bee, a local real estate broker predicted a 30% increase in house prices by next spring.

I assume he was speaking of the Visalia-Tulare California area as well as the Central Valley of California.

http://www.fresnobee.com/business/story/1371635.html

While the federal tax credits,low interest rates, and the start of the spring selling season may push up the housing demand resulting in some higher home values, I serious doubt there will be a 30% increase in home prices within the next 12 months.

Any opinions as to the accuracy of this prediction?

Sly

[/quote]

If this prediction goes correct then prepare for further next Spring i.e 2011 a drastic severe housing turmoil again- just what we did in the past years 2002-2003 (keeping low interest rates and allow housing only a balloon to pop-up). Just try to grow in all fields uniquiely instead of housing only and that is also up to 30%. If you allow housing just 6-9% then I would say nothing is going to be happened again.

[5yearwaiter]

[quote=Sly]As discussed in the business section of our local paper, The Fresno Bee, a local real estate broker predicted a 30% increase in house prices by next spring.

I assume he was speaking of the Visalia-Tulare California area as well as the Central Valley of California.

http://www.fresnobee.com/business/story/1371635.html

While the federal tax credits,low interest rates, and the start of the spring selling season may push up the housing demand resulting in some higher home values, I serious doubt there will be a 30% increase in home prices within the next 12 months.

Any opinions as to the accuracy of this prediction?

Sly

[/quote]

If this prediction goes correct then prepare for further next Spring i.e 2011 a drastic severe housing turmoil again- just what we did in the past years 2002-2003 (keeping low interest rates and allow housing only a balloon to pop-up). Just try to grow in all fields uniquiely instead of housing only and that is also up to 30%. If you allow housing just 6-9% then I would say nothing is going to be happened again.

[zk]

You need our opinion as to the accuracy of that prediction?

I’ve got a used car that I predict will appreciate 30% in value by next year. Wanna buy it?

[zk]

You need our opinion as to the accuracy of that prediction?

I’ve got a used car that I predict will appreciate 30% in value by next year. Wanna buy it?

[zk]

You need our opinion as to the accuracy of that prediction?

I’ve got a used car that I predict will appreciate 30% in value by next year. Wanna buy it?

[zk]

You need our opinion as to the accuracy of that prediction?

I’ve got a used car that I predict will appreciate 30% in value by next year. Wanna buy it?

[zk]

You need our opinion as to the accuracy of that prediction?

I’ve got a used car that I predict will appreciate 30% in value by next year. Wanna buy it?

[ralphfurley]

While I enjoy Yosemite and the Sequoias, I can’t imagine people flocking to CA’s central valley. Never once have I heard someone say, “I can’t wait to go to Bakersfield.”

Has the bubble popped that drastically out there that it can only go up now? I heard Stockton and some towns south of there got hit hard the last couple years. Did they flush all the garbage out of the system already? If not, I don’t see how it will see a 30% increase. That realtor is on crack.

On a side note, SDrealtor was dead on with the robust spring selling season. Seems like all the houses I’ve been following in Murrieta/Temecula are being gobbled up pretty quick. Not sure about the SD area, but it does look like inventory of good homes that show well is low, and people are turning out to buy them.

If Mr. Mortgage is right, we should see more inventory by September or so, and with it, a decrease in house prices. We shall see…

[ralphfurley]

While I enjoy Yosemite and the Sequoias, I can’t imagine people flocking to CA’s central valley. Never once have I heard someone say, “I can’t wait to go to Bakersfield.”

Has the bubble popped that drastically out there that it can only go up now? I heard Stockton and some towns south of there got hit hard the last couple years. Did they flush all the garbage out of the system already? If not, I don’t see how it will see a 30% increase. That realtor is on crack.

On a side note, SDrealtor was dead on with the robust spring selling season. Seems like all the houses I’ve been following in Murrieta/Temecula are being gobbled up pretty quick. Not sure about the SD area, but it does look like inventory of good homes that show well is low, and people are turning out to buy them.

If Mr. Mortgage is right, we should see more inventory by September or so, and with it, a decrease in house prices. We shall see…

[ralphfurley]

While I enjoy Yosemite and the Sequoias, I can’t imagine people flocking to CA’s central valley. Never once have I heard someone say, “I can’t wait to go to Bakersfield.”

Has the bubble popped that drastically out there that it can only go up now? I heard Stockton and some towns south of there got hit hard the last couple years. Did they flush all the garbage out of the system already? If not, I don’t see how it will see a 30% increase. That realtor is on crack.

On a side note, SDrealtor was dead on with the robust spring selling season. Seems like all the houses I’ve been following in Murrieta/Temecula are being gobbled up pretty quick. Not sure about the SD area, but it does look like inventory of good homes that show well is low, and people are turning out to buy them.

If Mr. Mortgage is right, we should see more inventory by September or so, and with it, a decrease in house prices. We shall see…

[ralphfurley]

While I enjoy Yosemite and the Sequoias, I can’t imagine people flocking to CA’s central valley. Never once have I heard someone say, “I can’t wait to go to Bakersfield.”

Has the bubble popped that drastically out there that it can only go up now? I heard Stockton and some towns south of there got hit hard the last couple years. Did they flush all the garbage out of the system already? If not, I don’t see how it will see a 30% increase. That realtor is on crack.

On a side note, SDrealtor was dead on with the robust spring selling season. Seems like all the houses I’ve been following in Murrieta/Temecula are being gobbled up pretty quick. Not sure about the SD area, but it does look like inventory of good homes that show well is low, and people are turning out to buy them.

If Mr. Mortgage is right, we should see more inventory by September or so, and with it, a decrease in house prices. We shall see…

[Author]

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