Real Estate Journal

The American real estate market has seen better days. As we mentioned last time, there were some big states whose real state value dropped remarkably based from the last two years.

However, like a proverbial silver lining, California Real Estate Commissioner Jeff Davi said:

“The market is cyclical, you know that,” he said. “There’s no quick fix. There’s no silver bullet.”

This was the strongest message he said yesterday in front of 300 members and guests of the San Diego Association of Realtors. We reported from the last post, that San Diego was one of the hardest hit by the dipping of the real estate value.

The commissioner also advises the vets to pair up with the greenhorn agents and that they should focus on the rising number of foreclosure properties because that is an opportunity for all.

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