Just read on another thread that 40% appreciation in 8 years along the coast is normal. I’ve seen price of homes in PB double from 2000 to peak, now slightly down. MPO, when those new townhomes sell for 650k+, seems bubbly to me. If condos sell for 650k, then of course the houses MUST go up accordingly, and they have. So now I’ve seen prices of condos come down slightly. They’re not budging much, nothing like inland. I say there’s room to go down. The other thread said Case-Schiller chart said coast did not go up much and won’t come down much. So double price in 8 years is not much? Just trying to understand. There’s been flipping activity in PB, yet places still sell
