SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (537490)12/19/2009 1:46:09 PM
From: tejek  Respond to of 1578006
 
A 'shadow' inventory of properties close to foreclosure or seized but not yet for sale has been growing.

This is why housing prices in the hard hit areas won't see any major appreciation for a couple of more years even as housing has bottomed. In S. CA, housing bottomed by 1995-96 but LA didn't see housing appreciation until 1997-1998. And then the market took off like a rocket.

However, in places like Seattle and SLC, I bet we see housing appreciation by next year.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News