Trulia.com reveals that as of the 1st of December last year, about 28 percent of Rhode Island homes available for sale dropped by 11 percent. These figures represent a cumulative reduction of around $84.67 million.
High-end and luxury homes have that most price cuts and market analysts expects it to continue up to the first quarter of 2010. On the other hand, the low-end housing markets have fewer cuts cause their prices are more in-line with logical pricing levels.
More details on Classifieds1000's Real Estate Blog, link provided below.
Thinking about making a comment on this blog post? Great! But please remember that this space is for just that, comments about this blog post. It is not a place to post random thoughts about other stuff. We found that most of the "comments" posted here are not comments at all and should have really been posted in our forum. So:
If you are just planning to spam... go away as all the comments are premoderated
Have something to actually say about this blog post, please submit your comment here:
Leave a comment:
We welcome your comments on this post in the Real Estate 87 Blog. That means a comment on this post, not something about some other topic.
Name: (required)
Email: (required, not published)
Comment:
Note: Your comment will be immediately submitted and you will have no opportunity to review to edit it.
It is recommend that you register on Real Estate 87 Blog and login so you can include full html (ie: links). We don't have a chapta because we think we're smarter than the spambots.
