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When Will the Southern California Housing Market Recover?

By Jay Tuesday August 19, 2008

Is the housing market at the bottom? Is now the time to buy?
It’s a great question that I get at least 5 times a day. It’s also a question with no easy answer. The oversimplified answer is it will start to recover soon in desirable regions and less desirable regions may take some time to bounce back, depending on when the property was purchased.

Here is a great article from real estate economist Richard K. Green from the USC Lusk Center for Real Estate. Enjoy.

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