Nevada City Virtual Tour

Friday, February 24, 2012

Worst Year Ever

Its Official: 2011 Was The Worst Year For New Home Sales…EVER!

1 out of every 5 homes sold in 2011 was a foreclosure; New home sales dropped in December; Home values were still on the decline (3-5%).

But not so bad in desirable places like Grass Valley, CA, Nevada City, CA, Olympia, WA, part of The Bay Area, a some of the Western San Fernando Valley toward Ventura. They are all doing ok. People want to live there, and can now afford it.

ETF and Stock Expert Feed