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Re: How long will this downturn last?

Posted by gc on April 07, 2008 at 4:01 PM

In Reply to: How long will this downturn last? posted by Garrett on April 07, 2008 at 3:07 PM

I think there is only a few people qualified to asnwer that question with some degree of accuracy and I think that would be Ward, Bruce Norris, or myself (just kiding) Hovever I did predict the start of the down turn and missed it only by a cuple of months. If you don't believe me check my posting at:
http://www.foreclosureforum.com/mb/messages/12903.html
Okey so maybe I got lucky...but IMHO I think it will be over in CA by 2010, with a couple of years of almost flat market.

GC

: I know everyone has an opinion on this... With the credit crunch and tightened lender guidelines how long before we pull out of a declining market?

: My guess is 3 Years...

: Ward???



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