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Press Enterprise: Patience, Tax perks pay off for first-time Inland home buyers

April 26, 2009

Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the April 26, 2009 edition of Press Enterprise:

Patience, Tax perks pay off for first-time Inland home buyers
Press Enterprise
By Leslie Berkman

...Fortune finally is smiling on renters who, for years, could not afford to buy a house as they watched home prices escalate ever further beyond their reach...

..."Prices and mortgage interest rates now are so low that the monthly house payment is approaching the average rent in the Inland Empire," said Delores Conway, director of USC's Casden Real Estate Economic Forecast.

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