Call your realtor, now! According to L.A. Land it’s time to go all in on California housing. It seems that the decline in prices has overshot the bottom and houses are now undervalued.
Based on data from IHS Global Insight these are the areas where you will find the deals:
By those measures, Los Angeles County home prices are now 6% undervalued, the firm says. Orange County is 11% undervalued, and the Inland Empire is 16% undervalued.
San Diego is 21% undervalued and San Francisco is 25% below normal, IHS says.
Sounds like a no lose bet to me. What could possibly go wrong?