Silicon Valley Housing Will Remain Flat For Years

SILCON VALLEY HAS ONE OF THE STRONGEST housing markets in the nation.  The decline in home prices and foreclosures have not had the impact experienced elsewhere.  The bailout of Fannie & Freddie has helped as has the new housing bill.  But what people may fail to recognize is that as a result the real estate recovery will take longer.  Dr. Housing Bubble has accurately pointed out the 10 reason why.

Home sellers and real estate professionals want the real estate boom to return.  It isn’t going to happen.  Silicon Valley is more than four years away from significant home price increases, other than those brought by inflation.