If someone had told you in 2005 that home prices would be down 35% to 40% and mortgage rates would be under 5% in 2010, you most likely would have thought they were crazy. But that is exactly the case, and we are still in what could be considered a very mediocre real-estate market at best. Why is this, and what will 2011 bring? Read our California Market Report here.
December 27, 2010