I think predictions for 2011 will be very market dependent. Within California, I know large markets in good areas that are doing very well. Silicon Valley luxury markets (or near luxury) are doing extremely well and sales are already pointing to a strong start for the year. It would not surprise me if Los Altos, Los Altos Hills, Saratoga, Palo Alto, Atherton, Mountain View, Cupertino, and Sunnyvale all experience ASP and MSP increases in Q1 vs. Q4 of 2010 and Q1 2010.

http://activerain.com/blogsview/2117888/spring-2011-housing-market-predictions

Ilyce- I know every market has some differences but as a whole it's been pretty tough over the last couple of years. My local market has not seen the decline in values and high rate of foreclosures that have been talked about all over the country. Things have started to pick up some here and I have a bright outlook for 2001, although I realize it will take years for the activity to get back to what we perceive to be normal.

http://activerain.com/blogsview/2117888/spring-2011-housing-market-predictions

Ilyce, I think it will different in different markets. I certainly don't think we are in for a Boom this year. I have been getting more inquiries from the Upper Midwest as folks are tiring of the winter snows…Have a Great Weekend!

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