Experts Talked

The Orange County Register's Jonathan Lansner and Jeff Collins interviewed experts and they talked.

The common theme was that the market would have a modest continuation of the mild housing recovery we've witnessed in recent months. The 13 experts that talked were asked what bothered them.

1. One thought the lack of inventory causing as many as 20 offers on the conforming loan price range was a problem.

2. The unknown factors in the economy unemployment, increased interest rates, and the renewal of the tax credit.

3. What is going to happen to the foreclosures.

4. What will happen to the millions properties in default.

5. The homeowners who are trying to find away out of the problem.

6. Lack of inventory below $500,000.

7. The number of jumbo option arm loans adjusting and no financing liquidity.

8. Empty commercial buildings.

9. When the end of federal subsidies to buyers may freeze the market.

10. The number of commercial real estate defaults.

11. The news media sturing up fear about the real estate market.

12. The down turn in commercial real estate.

13. The fear that I do not purchase enough property now.

As you can see from the experts that talked the recovery is still in question.