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the bottom came and is rising


               
2012 Aug 24, 7:40am   18,577 views  36 comments

by chip_designer   follow (0)  

Your website used to be much more simple to read. Now you make it very complicated. Are you now a politics news too?

But my post is about the silicon valley real estate. The bottom came and go.
This year, if you are luck, you can still buy a house, since very low interest rates, but you might ending up in a bidding game.

Last year 2011 was the bottom of the real estate slump.

#housing

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36   StoutFiles   2012 Sep 16, 10:40pm  

The market has improved in the past 6 months, but that 's only because 2012 has been called the bounce back year for 4+ years.

What's going to happen at the end of the year when:

1) tax cuts expire
2) federal spending on programs is drastically cut

OR

1) We print up even more monopoly money, our credit rating is downgraded, and the value of the dollar goes to crap

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