July 26, 2008
...In areas such as San Diego and Riverside, buyers are also bidding up prices, said Delores Conway, director of Casden Forecast at the USC Lusk Center for Real Estate. The difficulty is not lack of interest, it is difficulty securing financing, she said. "Things are looking up," Conway said. "We're still in the correction, but the rate of decline is improving. We haven't bottomed yet, but we're getting there."...