Home sales buck downward trend
Original post made on Nov 26, 2008
Read the full story here Web Link posted Wednesday, November 26, 2008, 11:37 AM
on Nov 26, 2008 at 12:38 pm
Condo prices actually went up in MV compared to last October, or is this is a misprint?
on Nov 26, 2008 at 5:44 pm
Daniel DeBolt is a registered user.
The numbers were indeed incorrect and have been fixed. The original numbers were from a broker who included town homes in the "condo" category. Town homes have actually gone up in value, the broker says.
on Nov 26, 2008 at 9:15 pm
This is unsustaniable. Unless each person in a two-income household makes $250K each, once the downturn really kicks into gear, which his highly likely, these $900K townhomes will go into a quick sale or foreclosure... all it takes is one person to get laid off and whammo.