I don’t have a lot to add to this statement by Chuck Smiar, president of the North County Association of Realtors, as quoted in the North County Times:
“I think it’s sort of a false drop, if there is such a thing in real estate,” Smiar said, in referring to the single-family home sector. “If anyone is going to buy, they better buy now, because things are going to turn around. We’re going to start seeing a slow increase in prices.”
I just wanted to get it on record for future reference.
– RICH TOSCANO