The Last Shoe to Drop?

We have been commenting on the steep decline in U.S. consumer confidence.  But our local real estate market on the south SF Peninsula is holding up nicely – why? 

Ans: The local job market has been stable.  As long as it remains so, local home buyers will continue to buy.  Watch for layoff notices, if any, in the near future as a sign the local market may weaken.

Jeff Stricker