Like almost everything in the area Milford has suffered a huge price decline in the last year. Long term, things have always recovered and the smart money is investing heavely in Real Estate now while prices are at thier lowest.
Most water front property rebounds quicker that any other and tends to hold its' value better.
Jack hit the nail on the head in reference to Caswell Cove. He said: "Most water front property rebounds quicker than any other and tends to hold its' value better."
This being said, "buying right" is also really important. I am the list agent of a Short Sale in Caswell Cove.
If you wish to "buy right" contact me!