Tuesday, September 20, 2005

Real estate prices begin to soften in East Bay

ContraCostaTimes.com | 09/19/2005 | Real estate prices begin to soften in East Bay: "Peter Klingsheim is leaving the East County real estate market, selling his 2,400-square-foot Brentwood house before it loses value.
'The market has peaked,' said Klingsheim, a mortgage broker who works in the booming city. 'I'm going to downsize.'
By all accounts, Klingsheim is at the forefront of the East Bay's newest real estate market trend. Data released by national groups and research firms last week, as well as anecdotal evidence from area brokers, signals that there are more homes on the market than "
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