Comments on: Affordability, Foreclosures, Inventory and Unemployment 5/20/2009 http://www.appraisingmorenovalley.com/2009/05/22/affordability-foreclosures-inventory-and-unemployment-5202009/ Moreno Valley Real Estate Expertise Thu, 24 Jun 2010 15:19:40 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Beverly http://www.appraisingmorenovalley.com/2009/05/22/affordability-foreclosures-inventory-and-unemployment-5202009/comment-page-1/#comment-33 Beverly Thu, 24 Jun 2010 15:19:40 +0000 http://www.appraisingmorenovalley.com/?p=127#comment-33 James. Because home prices in Moreno Valley went up so high / so fast - caused by lending not based on the buyers ability to pay - prices were artificial. prices now are too low - in my opinion and are correcting, but slowly. It may take 20 years+ to get back to 2006 prices. Beverly Bayer James.

Because home prices in Moreno Valley went up so high / so fast – caused by lending not based on the buyers ability to pay – prices were artificial.

prices now are too low – in my opinion and are correcting, but slowly. It may take 20 years+ to get back to 2006 prices.

Beverly Bayer

]]> By: James Smith http://www.appraisingmorenovalley.com/2009/05/22/affordability-foreclosures-inventory-and-unemployment-5202009/comment-page-1/#comment-32 James Smith Sun, 06 Jun 2010 13:53:14 +0000 http://www.appraisingmorenovalley.com/?p=127#comment-32 When do you think the Moreno Valeey house prices will hit 2006 levels, if ever? When do you think the Moreno Valeey house prices will hit 2006 levels, if ever?

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