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Registered
Join Date: Dec 2004
Location: Manhattan Beach
Posts: 774
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Still falling in LA. A little 'spring bounce' in activity, esp. cheaper homes, but this is typical in a down market. Happened every year in the early 90s, prices fell for 6 yrs.
I do think inflation will play a role in mitigating the 'price' declines, but not yet.
Psychology will change again for the worse once the markets take it in the shorts... fall for sure, if not sooner. My 2 cents
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Now Porsche-less
ex-'74 Carrera, '93 RS America, '89 Cab, '88 Coupe
“Thank god there’s no 48-hour race anywhere in the world, because chances are nobody could beat Porsche in a 48 hour race.” Carroll Shelby, 1972.
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