Real Estate in the Media-What to Believe?
Posted by Deborah London on May 29th, 2008
There are numerous articles about the health of the real estate industry, some saying we are near the bottom of the downturn-others that paint a much more gloomy picutre. How does one know what to believe? We certainly can’t believe everything we read, especially when it’s contradictory.
The best thing to keep in mind is home values vary from neighborhood to neighborhood. What you read about Southern Calif in general probably does not apply to the Palos Verdes Peninusla. PV has weathered this downturn that started in the fall of 2005 fairly well with a minimal loss of home values. Check back here soon to hear more about home values on the hill!
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