Tuesday, February 10, 2009
Housing price decline?!
I don't get it. If you look at homes for sale in East High Acres 3 in Unity Township (of which there are like 5 or 6 for sale), a house that went for around $330,000 in 2004 is being listed at $449,000. I don't get it. Are we not being affected in this area? Do the math. That is no decline. So I keep hearing about the dreadful decline in home prices, the tight credit market and the worse economy ever, but these homes are still being listed at a premium to what they were just a few short years ago. Of course, they are all still for sale too.