Lots of old folks retiring or passing away coupled with massive building during the boom. But if you look carefully at the properties there is actually a shortage of homes with acreage and privacy. It's the smaller properties that are not in demand. Anything with 3+ acres in a secluded location goes pretty fast.... more
Yes, the comps are all over the place, which has to do with the number of short sales bringing values down. But it is possible to find comps, depending on the property, that will be more accurate. It's very complicated and really has a lot to do with the specific property you are talking about.
Coldwell Banker Village Green Realty