Home › Forums › Housing › Existing home sales decline in March as housing slump continues › Bear in mind that CV and 4s
Bear in mind that CV and 4s are just entering the initial phase of declines….
The subdivision homes may not bottom out at $100/SqFt but I have no reason to believe they'll stop before passing $200/SqFt.
That's right, those homes in 4S that went for $1mil at the peak are actually worth no more than $500k. And, in time, they'll get there.
