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How to Capitalize on the Housing Recovery
Fri 01/22/10 12:15:06 am -Minyanville
I'll give you a hint, you'd much rather send your kids to school in 94702 than 94608.
These two neighboring zip codes in San Francisco illustrate the ongoing dichotomy in the housing market. Low-end markets, boosted by cheap prices and artificially constrained supply (thanks to government programs), are seeing stabilizing, if not rising, prices, as buyers rush to miss the next boom. Higher-end markets, slower to correct during the meltdown of the past three years, are drifting slowly downward as prices return to more healthy levels.
94702 is a swath of Berkeley, California, a somewhat affordable (by Bay Area standards) yet desirable area to put down roots. Prices didn't start to slide until the beginning of 2007 and we're now back to where values were around 2004, right in the middle of the housing boom.
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How to Capitalize on the Housing Recovery
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Upgrading Your Community
E-Book - by Chrissy Jackson
3 VERY SUCCESSFUL
PARK TURN-AROUNDS
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This handbook looks at three very successful community
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