Ted -

A broad question as every market is a series of micro markets broken down by price range, home characteristics and even immediate location and external influences. Bottom line is that PTree City is tied to the airport and that industry has a direct impact on the area. From my experience as a long time appraiser and broker, I can easily argue that while PTree City itself enjoys overall favorable market reputation, it is above the median price for the area and it receives little if any value support from the surround area. A good look at the data will bear that out.

So in general, we can all agree that the overall market is down and that PTree City is tied to the airport - watch the market and the airline industry, that will give you the broad look. For a more narrow view I'd suggest an appraisal as trends are now included in the standard report.

Hank