Category — Marketing-Sales
DR. HOUSING BUBBLE takes up this important question here.
The answer is home prices will fall significantly in California. Home prices at 10x median annual income were not sustainable. Given the fact that high unemployment will also become a significant factor, home prices will fall to about 2.5x annual income. This factors in record low mortgage interest rates.
But what happens in cities in California where the population is declining?
December 1, 2009 2 Comments
BLOODHOUND BLOG post from Chris: Self Correcting Loop on how to achieve the highest quality profitable service.
The X generation way to quality service. Everyone in the real estate trade would do well to understand the Self Correcting Loop and Systems.
Boomers, you’re cooked if you don’t understand the Bloodhound’s post.
October 4, 2009 No Comments