Have Reno Housing Prices Hit Bottom?

Have our home prices here in Reno hit bottom?  Is it time to rush out and buy? We’ve been hammered so hard that it’s gotta turn around soon.   A lot of “experts” are saying yes, don’t hesitate a second.  But, still, maybe not so fast  Remember, a difference of opinion is what makes a horse race.Well, here is a different opinion.

Housing bulls have been wanting to get bullish ever since the bubble popped in 2008. They better grab a chair because it’s going to be a while, according to Richard Suttmeier. The chief market strategist of ValuEngine.com says home prices simply aren’t going to bottom no matter what the government or banks may do to push them higher.


About rereno

Real estate investor
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