As usual, everything around here is relative to the waterfront properties.
Good thing you're not a lawyer....you'd suck at it.
Last edited by Zathras; 08-12-2012 at 04:21 PM.
Last edited by Zathras; 08-12-2012 at 05:51 PM.
That said there is more to determining if a market is depressed than current sales & types. Historical tracking comes into play by comparing current stats with conditions 6 month to a yr ago,sometimes as much as 5 yrs ago.
While some markets are having a hard time of it others are thriving but the overall status I believe is things are picking up slowly but surely. While interest rates are at historical lows credit requirements have tightened knocking a sizable chunk of prospective buyers out of the market.
|« Previous Thread | Next Thread »|