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Cheryl Kuntz Lowery
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I specialize in River front, Ocean front, Lake front, any water front properties or golf course communities. I also have extensive knowledge about the
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I was born and raised in Charlotte, NC and moved to Oak Island in Brunswick County, NC 5 years ago. I have been a realtor for 15 years now. I have visited
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Cheryl Kuntz Lowery answered:
They could possibly drop to that price but they seem to be getting bought up in the $150,000-$180,000 range. The least expensive one sold for $140,000 in the early spring. No others have sold that inexpensive. All of them in that range are foreclosures. I can't say for sure if prices will go down another 18%, I wish I could. But I can say, interest rates won't sustain 4 3/4-5%.
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