13 Quotes by David Berson

At some point in the future, California probably will have another big housing recession. It is possible at that point that prices will fall meaningfully, as in the past they have done. That is clearly a negative for people who own homes. But for those who don't own homes, that will .Ê.Ê. give them a pretty good chance to buy in the next up-cycle.

It's possible the condo market could see a very big drop.

In some parts of the country, affordability has fallen to levels we have not seen in 20 years.

In some cases, they probably have. Yet in another situation, the consumer will use the same loan to really benefit their situation. It's never an easy call as to what is going to work and what is not.