The ‘Bottom’ of the Market?

Local or national, the news is not making anyone feel good. But have we hit the bottom of the real estate market or will prices continue to decline? One very basic indicator is just what they taught you in business class – supply vs. demand. If you take a look at the Sacramento Market over the last 15 months you’ll see a strong movement towards more demand, less supply. Take a look, more properties sold or pending than for sale – all I’m saying….