good find gn, these will be 10% lower by mid next year after all the ARM reset carnage unfolds 2008 Q1 and we’re officially in a recession.
The fascinating thing is that while even these “low” priced units are languishing on the market with no takers there are a number of sellers listing their 1600-1800 sqft units in the same neighborhood for $650k+! I wonder if these are all FSBOs, surely they can’t be realtors pricing these in this market.
