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Old 05-14-2008, 12:44 PM
locolini locolini is offline
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Join Date: Sep 2007
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CC Philadelphia home prices will not fall. Let's not forget CC Philadelphia today is a very different CC of 10-20 years ago

perhaps prices might fall a little, but only a little bit.


Quote:
Originally Posted by MikeinCC View Post
Nationally, it's ahead of us. Here in Philadelphia, home prices will fall, but we never had the issues that places like Miami did.

Seriously though, home prices are still outpacing rents, salaries, and inflation. It has to adjust, and it will. I personally don't think we're anywhere near the bottom yet.
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