Will Market Favor Buyers or Sellers in 2010?
2009 began as a great market for buyers in the Palo Alto / Los Altos area with values declining. It ended however strongly in favor of sellers with values rising once again.
We have found that the best leading indicator of which way the teeter totter leans is the Conference Board’s Consumer Confidence Survey. Keep an eye on this index to successfully predict which way the real estate market will move in 2010.