When will the bottom of the real estate market happen?

Well,no one knows for sure when Santa Rosa real estate will bottom out but some models suggest that we may be getting close. Lets all keep our fingers crossed that Santa Rosa home prices will start back up.

clipped from finance.yahoo.com The New York Times asked economists across the country to share the data they use to figure out how much houses in regional markets are overvalued, a calculation that approximates where the bottom may be. Models built on these variables show that while some markets — such as California — are on a road to recovery, others — such as south Florida — have a way to go.