Real Estate 2008 Forecast
2008 Real Estate Forecast for the East Bay of California
The East Bay real estate market has many micro-markets. We will post separate forecasts on some of the I-680 corridor communities over the next few days.
In general, we can say that the forecast for real estate in 2008 is going to be relatively flat. Short-term flippers and investors have left the market. The investors now entering the market are those wanting to snatch up foreclosures and short sales. Investors will have to hold on to these properties for 12 to 18 months which will have an impact on the rental market.
Here is our short 2008 Real Estate Forecast presentation.
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