More Cautious Optimism on Real Estate

New numbers and commentary on local real estate (here). Local realtor Robert Purtell:

“I’m still cautiously optimistic that the market is improving and stabilizing, but I’m not totally confident that we’re out of the woods yet.”

I’ll second that not because of any great insights locally but nationally there is some fear that a second wave of downturn is occurring, That said, local figures and trends do not necessarily follow national trends in real estate.

And a kudos to the Recorder for covering a vital topic for our community– housing.

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