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Here in Seaside, I feel we have hit the bottom Nike Foamposites Womens.I am now expanding to the higher-end home market where I would expect some nice price drops, with good bargain homes coming into the market. I recently did a search for homes over $1 million, first for a specific area and then for multiple cities in the Monterey Peninsula Hyperfuse 2012.Here is where I want TO GET YOUR ATTENTION. For the area called "Highway 68, Salinas," close to the Pasadera Golf course designed by Jack Nicklaus and all the way to Las Palmas, I found 92 homes for sale for over $1 million and only ONE pending (under a purchase contract) Hyperdunk 2012.I have clients who are looking for homes in this area, but when only 1 sale is pending, I say HOLD ON! Be patient: A better time to buy is coming. If low-end home prices have dropped from 80 percent to 20 percent of their value--for example, a foreclosed home that was sold three years ago at $350,000 selling at $75,000--I would expect a price drop at the high end, too, but not as dramatic Nike Foamposite Pro.How much will the highest-end market fall It's hard to predict. Once again, inventory, supply and demand dictate the upcoming market. It's very important to look at specific areas.A lot of homes prices were inflated in the past based on speculation, not income. You are probably asking yourself, "Why not look at sold homes""Sold" is in the past. Those deals were made months before the actual sale was recorded. You're better to live the moment. The upcoming market is unpredictable, but looking at the pending home sales will give you a glimpse into the future.Technology is making real estate predictions in your area very easy, but PLEASE go to the right place to get the right information: Find a trusted realtor.The Multiple Listing Service that I have as a realtor is very precise. We have access to a lot of information that is not released to the public.If you want to speculate on real estate, get serious, and follow these tips:* Find a local realtor. * Ask for a list of the active and pending homes in the specific area that you are interested in. * Depending on the market, you may be able to search by price range. * Ask what the inventory and average home sale were 12 and 24 months ago.Looking at the last 24 months will tell you if your market has hit the bottom or if a tsunami is headed your way.
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