Days of Making a Quick Buck on a House Might Not Return for Years.

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  • Additional Information
    • Subject Terms:
      CALIFORNIA
    • Subject Terms:
      CABOT, David; PAUKER, Tony
    • Abstract:
      The article forecasts the slowdown of the real estate business for 2007 in California. David Cabot, president of the San Diego Association of Realtors and broker of Prudential California Realty, predicts the stability of local housing prices, while more houses will be sold by 2007. Tony Pauker, regional president of Oslon Co. and chairman of the Urban Land Institute for San Diego/Tijuana District Council, projects lower buying incentives, with fewer resales by midyear.