I was asked today if I thought real estate prices in Riverside would decline over the next year. So I pulled the data for the last year and here’s what’s happened in Riverside.

You’ll notice that the median Riverside real estate inventory has evened out over the last month. That means that sales are up. BUt the following chart is disturbing:

The Roman statesman Seneca asked, “When shall we live, if not now?” Unfortunately, the Romans left more roads than answers. Where the road we’re on today leads is anybody’s guess. But I’m pretty sure Riverside real estate will be around as long as those Roman roads. So instead of asking when to buy or sell, ask yourself, “at what price?”