Sunday, December 26, 2010

This economy is bouncing back

From my armchair view, I see a recovery in Real Estate prices happening right now. Although we still have a huge backlog of foreclosures to contend with, the abundance of buyers in Silver Lake, Highland Park and Eagle Rock are holding prices where they are, in some cases even pushing them upwards. If the stock market is any indicator, we are well on our way to recovery.

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