Does anyone know for sure what the Real Estate Market is going to do? Probably not. Here is a survey released by the California Association of Realtors.
Prices will increase in the next 6 months:
65% Real Estate Agents
39% Homeowners
Prices will decrease in the next 6 months:
11% Real Estate Agents
20% Homeowners
Prices will increase in the next 2 years:
79% Real Estate Agents
62% Homeowners
75% of Homeowners surveyed think their home is worth more than the suggested list price.
63% of Buyers think homes are overpriced.
I guess it depends on your point of view...is the glass half full or half empty?
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