The last 3 months (June, July and August) sales have definetly increased. There is a concern about more foreclosures coming on but not everyone wants to get involved with them. There probably will be a small dip and rise in prices back and forth for a while. Interest rates staying low is a huge help along with the 20% deduction for interest on your mortgage and the $8,000 tax credit. Our part of the island features good schools, proximity to the water, strong communities so I don't see any plumets in value coming. - Wed Sep 9 2009, 12:54
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