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Margo Fredlake
"Residential, Investment and Commercial properties"
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Margo Fredlake answered:
There's the technical answer that Carrie provided (2-3% less), but we're seeing some full-price offers as well as 7-10% less. Townhome and Condos continue to be hit the hardest. As we know, location is at the top of everyone's mind, but it takes on another meaning with the price of gas. Recently more people are thinking long and hard about buying in the "outlying" areas. Consequently, the listings in these areas will continue to get beat up in the coming months.
Regards, Margo
Regards, Margo
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