Real Estate Slow Down????

[secondcurve]

I was just checking out the island listings on www.islandre.com and I was surprised to see a lot of price reductions. Then again, I guess I have been getting the sense for a while that the real estate market has been slowing. My guess is that when the Boston market cracks (I think it is starting) the Lakes Region will be hurt a bit more since there are many second homes in the area. Island real estate probably will suffer even more since it is less functional and more of a luxury. Maybe this is wishful thinking on my part, but it seems plausible. Any thoughts out there? Rattlesnake Gal, it looks like there is some inventory building in your neighborhood.

Thanks