How much do you think real estate prices in Olympia will drop over the next 2 years?

Sunday, July 20, 2008

Housing prices haven't hit bottom yet

From The Olympian, July 20, 2008:

Housing prices haven't hit bottom yet

A senior ecomonist for Wachovia expects real estate to market to be weak until 2011 to 2012. Before bottoming out, nationwide prices are expected to drop 22% to 29%. If Olympia's recent 9% drop is the start of the local bubble bursting, then it is possible for another 20% drop in Olympia over the next 3-4 years.

1 comment:

john sheldon said...

Las Vegas Nevada joint housing and appointed apartments love set records for some years in a row for unwavering

maturation and fast blessing. If you're in the industry for equipped corporate construction in Las Vegas then you're

in the conservative base!
las vegas corporate housing