February 19, 2010
Valley home prices likely at bottom
Fresno Bee
By Sanford Nax
... The real estate recession -- and how to plan for life after it -- were the topics of discussion Friday at Fresno State.
Richard K. Green, director of the real estate school at the University of Southern California, told real estate professionals that housing prices have hit bottom, but aren't likely to return soon to the peak levels of the real estate boom.
"If you're going to live in a place for five years, just buy it," Green said. "I don't see how we can get a big drop in price right now." Green spoke at the Arnold and Dianne Gazarian Real Estate Center...