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 Cheerleaders are losing face, Just because you are going to downsize from that new BMW to a used Toyota because of lost sales revenues..Cheerleading is outdated prices will keep falling in Kern County for the forseeable future.   1. foreclosures are still increasing, and running at rates compared to sales that indicate forced price drops as banks clear the inventory. 2. sales to inventory ratio is terrible. any number worse than 6 months inventory indicates only the motivated/price cutting sellers will sell. prices will continue to drop. 3. credit is and will continue to tighten, removing buyers. less demand = lower price. 4. prices are already dropping, for the above reasons, and the most recent months have seen the fastest drops. until these conditions change, prices will continue to drop.   Be patient. Buying now, you  will have only two choices: A. watch the prices continue to drop, or B. Pretend  you are blind like our resident Cheerleader, and...
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