Jump Off That Fence

We attended a professional luncheon at the golf course here in Tahoe on Monday, what a beautiful day at the Lake.  Well attended event with great information from California Association of Realtors Economists.  Reportedly the bottom of the market is already here.  Interest rates are near their historic lows,  inventories are shrinking, and over 80% of Californians can afford to buy a home:  Given those three factors, all you buyers better get off that fence and get busy.  The phrase “barn yard sale” was coined at the meeting to describe today’s real estate prices.