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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (65510)5/14/2007 2:28:26 PM
From: benwood  Respond to of 116555
 
A new trend in my own neighborhood is $million+ homes, one for a cool 1.6 (not sold yet though). Totally nuts...

There were three lake area homes I was watching on one of my bike loops last fall. Two are no longer for sale (not sure if sold or pulled) but the third is *still* on the market, at least 10 months now, and held it's third open house that I've observed just yesterday.

Still, homes in my own neighborhood seem to sell very quickly still, I think because inventory is still quite low.



To: Steve Lokness who wrote (65510)5/15/2007 3:41:30 PM
From: mishedlo  Respond to of 116555
 
I will pass that on to Morgan.
Mish