Local real-estate market could be worse; recovery is uncertain
Local real-estate market could be worse; recovery is uncertain
Local Realtors’ perspectives vary on whether market has bottomed out
By Robert Allen
Summit Daily News
Thursday, January 21, 2010
SUMMIT COUNTY — After two years of falling prices and transactions for local real estate, local experts aren’t sure whether the Summit County market has hit its lowest point.
“We probably have already hit the bottom,” said Bernie Zurbriggen, broker and owner of High Country Real Estate, adding that there’s significant “pent-up demand.” “I tell people there’s going to be a feeding frenzy at some point in time.”