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news
Joined: 14 Jul 2007
Posts: 0
Location: Greater Boston
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Renting in Mass
Joined: 26 Jun 2008
Posts: 381
Location: In a house I bought in December 2011
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 Posted: Fri Nov 05, 2010 3:34 pm GMT Post subject: |
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| I think we're going to see some ugly price numbers for townhouses/condos soon. I'm not looking to buy in that market, but I track it because it's easier to compare apples to apples in a townhouse complex. I'm seeing townhouses with asking prices down 20% from 2006 and they aren't moving. The foreclosures are off more than that. I'm guessing the next sale in some of these complexes is going to be down 30% from peak. |
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