Happy New Year! It's a new year and I think its time to take a new look at our current market place. We have included a great article entitled "The Art of Contrarian Investing-Why it makes sense to buy real estate now!" I think you will find this an interesting read. Along these same lines, we have included another article: "Battle of the Warring Housing Price Indexes"-it's all about understanding the numbers you are presented with. Finally; "Incentive to Buy" talks about adding extra's that might catch the buyers attention. Let's make it a great 2008!!
We saw another "battle of the warring housing price indexes" last month, with the federal government reporting positive price appreciation in more than two-thirds of U.S. metropolitan markets -- at the same time a widely-publicized Wall Street index said home values were down by a record 4 percent for the year, and down by 5 percent in the top 20 markets.
How could there be such big differences? And which index is right?
San Diego Area
