A Berkeley economist predicts that mounting job losses could push home prices down an additional 7% this year

By Prashant Gopal

The year 2008 was horrible for real estate and, according to some experts, 2009 could be worse. Speaking at the World Economic Forum in Davos on Jan. 29, prominent housing economist Ken Rosen suggested home prices could drop an additional 6% to 7% this year. (to read more on this article on Newsweek.com)

For more information on the bay area housing market contact James Aduna 415.901.2797 or jaduna@ubayp.com