Home Prices In Livermore Expected To ...

Home Prices In Livermore Expected To Rise This Year

There are 2 comments on the Patch.com story from Feb 20, 2013, titled Home Prices In Livermore Expected To Rise This Year. In it, Patch.com reports that:

Home prices in Livermore will rise about 6 to 7 percent this year, according to a study done by an online real estate site.

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Since: Feb 13

Location hidden

#1 Feb 22, 2013
It would be nice to see prices return to pre-2006!

Since: Oct 10

Location hidden

#2 Mar 4, 2013
Otomywa wrote:
It would be nice to see prices return to pre-2006!
You mean like 800K for a tract house on a small lot? Yah...that's not gonna happen.

Real estate is doomed to crash again, the sad part is it wont even rise up high before it does this time. It might go up another 30-40% from here, but even that won't get anywhere close to the peak of the boom. Then it will crash HARD, like down to 1990 prices. To put in perspective, if you own a house that is worth 500K today, it might get up to 650K or 700K but then in the next crash it will get chopped back to 300K.

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