In response to my May 6th post below:
http://drhowealth.blogspot.com/2009/05/for-hombuyers.html
No wonder since the last 30 days we are seeing the foreclosed properties (e.g. REO= Real estate owned by bank) in Silicon Valley and the starter properties have received multiple and multiple offers. I have witnessed the record of 75 offers in Milpitas! I believe the bottom of the Silicon Valley housing market has been well supported and we might see a momentous increase in the property values soon.
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