Dec 23, 2009

Q3 Husing Report available

High Desert statistics

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By: John Husing

John Husing Market Report Summary:
There appears to be strong evidence that the Inland Empire's housing markets have now passed the point when prices will be falling. This signals that the worst of the housing crisis is over and that, from here forward, demand will remain strong and prices will rise. These conclusions are based upon the fact that inland affordability is at historic highs both locally and for coastal county residents seeking affordable homes. That affordability is allowing people who have been priced out of housing markets since the middle 1990s to finally be able to purchase homes. The availability of FHA guaranteed conforming loans is helping as well. In the short term, the federal tax credits are an incentive that will focus attention on the bargains in the market and help some potential buyers set aside their fears.

The full report contains figures of the housing affordability index, mortgage defaults, foreclosures and more!

Contact us for a free copy of the entire Husing Report that shows housing statistics for San Bernardino County and specific facts and figures on the High Desert and what those numbers mean to the market.


760-684-8000 or info@cbcdesert.com