Wednesday, November 24, 2010
208 Cape Cod Way The Point
This European styled home recently closed for $2,500,000. Listed as having 6236 square feet puts it's price per square foot at $400. Sitting on the 15th fairway, the home has great wateerfront location.
Tuesday, November 16, 2010
Standard & Poor's analysts believe home prices will drop between 7% and 10% through 2011
From Jon Prior at HousingWire: S&P predicts more home price declines through 2011
Standard & Poor's analysts believe home prices will drop between 7% and 10% through 2011 ...
"Low mortgage rates ...influence on home buying activities has been limited due to the weak housing market and a lack of demand," S&P credit analyst Erkan Erturk said. ...
Prices will continue to be pressed down as long as the market works through a backlog of distressed properties that remains elevated.
Standard & Poor's analysts believe home prices will drop between 7% and 10% through 2011 ...
"Low mortgage rates ...influence on home buying activities has been limited due to the weak housing market and a lack of demand," S&P credit analyst Erkan Erturk said. ...
Prices will continue to be pressed down as long as the market works through a backlog of distressed properties that remains elevated.
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