I check in with Steven Thomas's blog from time to time and his latest posting recapping 2009 and his predictions for 2010 are interesting. I agree with Thomas that short sales did and will continue to dominate. I also agree that the higher end homes will continue to decline in value (you have to read to the end to get to that prediction). If you are interested in Orange County real estate, I found his last post of 2009 to be a very worthwhile read.
And by the way - Happy New Year!
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