How Bad Can Real Estate Prices Get?

Although some markets may experience a further drop, Southern California, as a whole, already is an enticing bargain to many buyers. As a broker, it’s been a pleasure to help my clients take advantage of some very interesting commercial and residential deals lately. It’s no secret that I love being approached by investors with their real estate wish lists outlining how much they’d be willing to pay for various types of properties in certain areas. Contrarian investors understand the opportunity of buying up undervalued real estate assets while everyone else is focussing on the stock market, mutual funds, and treasury bills. As long as most people are not buying real estate, the amazing low prices will continue I believe.

Michael Stark
Broker Realtor,
Michael’s Blog