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

[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…

[Anonymous]

I’ve loosely followed his stats and comments about the housing market for a few years. I’d take his predictions at strictly entertainment value

“He was not enthusiastic about the administration’s plan to modify troubled mortgages. Maaske is in favor of lenders modifying mortgages on their own, but not government mandating a one-size-fits-all approach. Many families can’t qualify, he said, and 67% of those who have received workouts wind up defaulting on the new loan anyway.”

In one breath he says that the market is going to the moon again. In another he states that people can’t get workouts and are defaulting on them en masse if they do manage to get one.

Unemployment in Tulare County stood at 17.7% and climbing in March. Homes in many areas are still overpriced relative to incomes. There are still plenty of foreclosures being held off the market there and even more on the way. I don’t see how he can claim that:

“Meanwhile, foreclosures will remain high, but will likely be parceled out over two years without creating a huge wave that will swamp the marketplace.”

I’ll agree with him that there are multiple bid situations and that incentives and tax credits are getting people out to buy, for now.

[Anonymous]

I’ve loosely followed his stats and comments about the housing market for a few years. I’d take his predictions at strictly entertainment value

“He was not enthusiastic about the administration’s plan to modify troubled mortgages. Maaske is in favor of lenders modifying mortgages on their own, but not government mandating a one-size-fits-all approach. Many families can’t qualify, he said, and 67% of those who have received workouts wind up defaulting on the new loan anyway.”

In one breath he says that the market is going to the moon again. In another he states that people can’t get workouts and are defaulting on them en masse if they do manage to get one.

Unemployment in Tulare County stood at 17.7% and climbing in March. Homes in many areas are still overpriced relative to incomes. There are still plenty of foreclosures being held off the market there and even more on the way. I don’t see how he can claim that:

“Meanwhile, foreclosures will remain high, but will likely be parceled out over two years without creating a huge wave that will swamp the marketplace.”

I’ll agree with him that there are multiple bid situations and that incentives and tax credits are getting people out to buy, for now.

[Anonymous]

I’ve loosely followed his stats and comments about the housing market for a few years. I’d take his predictions at strictly entertainment value

“He was not enthusiastic about the administration’s plan to modify troubled mortgages. Maaske is in favor of lenders modifying mortgages on their own, but not government mandating a one-size-fits-all approach. Many families can’t qualify, he said, and 67% of those who have received workouts wind up defaulting on the new loan anyway.”

In one breath he says that the market is going to the moon again. In another he states that people can’t get workouts and are defaulting on them en masse if they do manage to get one.

Unemployment in Tulare County stood at 17.7% and climbing in March. Homes in many areas are still overpriced relative to incomes. There are still plenty of foreclosures being held off the market there and even more on the way. I don’t see how he can claim that:

“Meanwhile, foreclosures will remain high, but will likely be parceled out over two years without creating a huge wave that will swamp the marketplace.”

I’ll agree with him that there are multiple bid situations and that incentives and tax credits are getting people out to buy, for now.

[Anonymous]

I’ve loosely followed his stats and comments about the housing market for a few years. I’d take his predictions at strictly entertainment value

“He was not enthusiastic about the administration’s plan to modify troubled mortgages. Maaske is in favor of lenders modifying mortgages on their own, but not government mandating a one-size-fits-all approach. Many families can’t qualify, he said, and 67% of those who have received workouts wind up defaulting on the new loan anyway.”

In one breath he says that the market is going to the moon again. In another he states that people can’t get workouts and are defaulting on them en masse if they do manage to get one.

Unemployment in Tulare County stood at 17.7% and climbing in March. Homes in many areas are still overpriced relative to incomes. There are still plenty of foreclosures being held off the market there and even more on the way. I don’t see how he can claim that:

“Meanwhile, foreclosures will remain high, but will likely be parceled out over two years without creating a huge wave that will swamp the marketplace.”

I’ll agree with him that there are multiple bid situations and that incentives and tax credits are getting people out to buy, for now.

[Anonymous]

I’ve loosely followed his stats and comments about the housing market for a few years. I’d take his predictions at strictly entertainment value

“He was not enthusiastic about the administration’s plan to modify troubled mortgages. Maaske is in favor of lenders modifying mortgages on their own, but not government mandating a one-size-fits-all approach. Many families can’t qualify, he said, and 67% of those who have received workouts wind up defaulting on the new loan anyway.”

In one breath he says that the market is going to the moon again. In another he states that people can’t get workouts and are defaulting on them en masse if they do manage to get one.

Unemployment in Tulare County stood at 17.7% and climbing in March. Homes in many areas are still overpriced relative to incomes. There are still plenty of foreclosures being held off the market there and even more on the way. I don’t see how he can claim that:

“Meanwhile, foreclosures will remain high, but will likely be parceled out over two years without creating a huge wave that will swamp the marketplace.”

I’ll agree with him that there are multiple bid situations and that incentives and tax credits are getting people out to buy, for now.

[sd_matt]

Im from Visalia.

If a “professional” from that area said that the economy is hurting I would double check.

Such is the quality of service in that area.

[sd_matt]

Im from Visalia.

If a “professional” from that area said that the economy is hurting I would double check.

Such is the quality of service in that area.

[sd_matt]

Im from Visalia.

If a “professional” from that area said that the economy is hurting I would double check.

Such is the quality of service in that area.

[sd_matt]

Im from Visalia.

If a “professional” from that area said that the economy is hurting I would double check.

Such is the quality of service in that area.

[sd_matt]

Im from Visalia.

If a “professional” from that area said that the economy is hurting I would double check.

Such is the quality of service in that area.

[Anonymous]

Do you know Bruce Norris? He is considered is one of the best real estate market experts in California. He was just interviewed by For News

http://www.realwealthinvestor.com/real-estate-news/bruce-norris-orange-county-homes

He predicts banks in CA will have to release some of the “shadow inventory” on the market, which would drive the house prices down (watch part 1 and 2 of another inverview with him at

http://www.realwealthinvestor.com/market-alert

[Anonymous]

Do you know Bruce Norris? He is considered is one of the best real estate market experts in California. He was just interviewed by For News

http://www.realwealthinvestor.com/real-estate-news/bruce-norris-orange-county-homes

He predicts banks in CA will have to release some of the “shadow inventory” on the market, which would drive the house prices down (watch part 1 and 2 of another inverview with him at

http://www.realwealthinvestor.com/market-alert

[Anonymous]

Do you know Bruce Norris? He is considered is one of the best real estate market experts in California. He was just interviewed by For News

http://www.realwealthinvestor.com/real-estate-news/bruce-norris-orange-county-homes

He predicts banks in CA will have to release some of the “shadow inventory” on the market, which would drive the house prices down (watch part 1 and 2 of another inverview with him at

http://www.realwealthinvestor.com/market-alert

[Anonymous]

Do you know Bruce Norris? He is considered is one of the best real estate market experts in California. He was just interviewed by For News

http://www.realwealthinvestor.com/real-estate-news/bruce-norris-orange-county-homes

He predicts banks in CA will have to release some of the “shadow inventory” on the market, which would drive the house prices down (watch part 1 and 2 of another inverview with him at

http://www.realwealthinvestor.com/market-alert

[Author]

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