In reference to one of our latest Blog posts Outlook for High Desert Real Estate and our Market Condition Report I’ve decided to step out with a long range forecast, probably safer than trying for a short range forecast.

In reference to the Federal and State deficit spending, cost of the war and borrowing, similar to the late 70’s most indicators point to a healthy round of heavy inflation on the horizon.  When this inflation hits sometime in the next 2-3 years the purchasing power of your dollar could be reduced by 15-25% a year, similar to what happened in the early 80’s.

For many families that do not own their own home they could find themselves priced out of the real estate home market in a manner of months once interest and price increases start.  For investors trying to enter the market, numbers within a short period of time will no longer make solid economic sense.

Of course there is the upside for homeowners and investors already vested in real estate.  Homeowners and investors will see the value of their real estate soar similar to what happened in the 2003-2006 markets.  Equities will compound overnight, rents will increase dramatically.

Today in the High Desert Real Estate Market, you have what is an ideal market to buy.  There are many homes to choose from, interest rates are low.  Once the market turns the selection will decline dramatically and you will be in a race to buy like the 2005-2006 market.  No one can predict the bottom so the crystal ball is in your lap but consider this:  The median priced home in the High Desert as of April 2009 is at approximately $111,000 down from it’s high in late 2006 of $323,000 approximately 65.4%.  How much lower do you realistically think it will go?

For Complete Details see our web site Homes of Victorville.