Interesting.....I've been trying to buy a condo for the past nine months but I am finding most sellers are still asking for July 2005 prices. Even though realtors acknowledge the 10% decrease in prices, most sellers haven't come to that realization. I've seen condos that have had a 300% appreciation over the past ten years but the sellers aren't willing to consider an offer 10% below the "peak" prices. Seems like a big stalemate is in progress.
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