Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
  

Prices Have Dropped

  In Ohio right now the prices of real estate as dropped alot. My husband and I would like to retire but can not afford to take such drop. What is going on with the market and do you see a change where the prices will increase?
 
  Yes, prices will increase.  I'm glad you didn't ask me "when?"  Real estate is cyclical, prices drop, prices recover, prices go up.  But there's no telling how long it'll take.  Sorry about that.
    Edith
Originally published on September 23, 2007
 
    Back to Summary