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Strategies & Market Trends : Classic TA Workplace

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To: morokko65 who wrote (43958)	6/30/2002 5:39:15 PM
From: martin001	Read Replies (1) of 209892

Morokko65 - Good to hear from someone with RE background on the board. Especially in these days where there is so much talk about where the RE market is going. Is it a bubble? Can it continue? What is the driving force behind it? Many questions with serious implications for the economy. I have many thoughts on the subject myself but would be interested to hear yours. I live in the SF bay area and sold my house about 2 years ago - a little early it seems but still at a nice profit. I was looking to buy again but I'll be damned if I chase any of these outrageous prices people are asking (and getting) I will wait until things start to soften up. I know that the national median price has risen substantially over the last few years. But in some sections of the country more so than others. Supply and demand issues are always a factor in the "more desirable" areas like the SF bay. Whats your take on the future of home prices in this area? TIA Martin

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