A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
I had a loft in a condo development in tempe arizona that for two years NEVER had an open house and usually had zero or one unit for saleThis weekend - FOUR open houses, and I count 6 units for salehmmm....
I see more homes and condos on the market in the greater Hartford CT area. In my small condo comuunity of 24 units, 2 townhouses have been on the market for more then 6 weeks- with few showings. This in the past has been a very diserable townhouse complex, in 2004 and spring and early summer of 2005, units put on the market sold in a week or less, with several offers-not now. That is a huge change. Which shows that the market has cooled significantly. Inventory on condos has increased.
Parts of LOS ANGELES are still strong. My furniture and decoritive objects business as busy as ever. However, even my "Realtor friend" (yep, shes the real thing) says condos are in trouble and she sides with NAR.
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