October 7, 2009
The Ventura County Star quoted Professor Richard Green in a story about experts predicting a gain in the California housing market in 2010. Green, who directs the USC Lusk Center for Real Estate, said he is 70 percent sure the housing market is at the bottom and is expecting the market to move along with relatively little change in sales and median price for a couple of years. The positives should outweigh the negatives next year, but "I don't expect to see a boom any time soon," he said.
The Ventura County Star quoted Professor Richard Green in a story about experts predicting a gain in the California housing market in 2010. Green, who directs the USC Lusk Center for Real Estate, said he is 70 percent sure the housing market is at the bottom and is expecting the market to move along with relatively little change in sales and median price for a couple of years. The positives should outweigh the negatives next year, but "I don't expect to see a boom any time soon," he said.