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secondcurve · 10-19-2005, 05:47 AM

Thanks Codeman and FLL. I think you both make good points. Yes, island real estate is certainly more attractive in the spring so maybe that is the majority of the reason for some markdowns. Then again, FLL points out that certain properties are no longer moving at higher and higher prices. I guess it all comes down to how the job market and the economy hold up. I plan to watch it carefully. One thing to ponder is that 4-years ago, just after 9/11, no one thought that the real estate market would ever surge 50-100%. What is that old saying? Expect the unexpected?

10-19-2005, 05:47 AM	#4
secondcurve Senior Member Join Date: Jan 2005 Posts: 2,084 Thanks: 1,267 Thanked 557 Times in 286 Posts	Which Way Thanks Codeman and FLL. I think you both make good points. Yes, island real estate is certainly more attractive in the spring so maybe that is the majority of the reason for some markdowns. Then again, FLL points out that certain properties are no longer moving at higher and higher prices. I guess it all comes down to how the job market and the economy hold up. I plan to watch it carefully. One thing to ponder is that 4-years ago, just after 9/11, no one thought that the real estate market would ever surge 50-100%. What is that old saying? Expect the unexpected?