Double Dip in Home Prices

Econimists have many predictions to make about where we are (progress-wise) in our ecomic recovery and some of these projections are forcasts of 20% to 25% (nationwide average) home price reductions. What does that mean for us here in SoCal and specifically North Orange County? For me, it means that it’s a great time to save my money in hopes of future deals. If you want to read more about current real estate foracasts, click on the following CNN Money web-link: http://money.cnn.com/2011/03/03/real_estate/housing_buy_or_not/index.htm