Positive News On Real Estate » UCLA: Home prices have hit bottom http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 UCLA: Home prices have hit bottom http://www.positiveonrealestate.com/pr/488 http://www.positiveonrealestate.com/pr/488#comments Tue, 29 Sep 2009 15:43:21 +0000 admin http://www.positiveonrealestate.com/?p=488 Housing has reached its landing pad. Prices have hit bottom according to the UCLA Anderson Forecast for September.The forecast also predicts that new home construction is likely to pick up in the next two years.

“Now that prices have adjusted to levels which make existing homes more affordable, sales are increasing and conditions are becoming ripe for new residential construction,” wrote Jerry Nickelsburg, a senior economist with the Anderson Forecast and the author of the California economic outlook.

Source : Lasner

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