Of the nearly 250 units mentioned in Flessner's article, only 4 are in foreclosure (less than 2%) and none have dropped their asking price. From this I condlude that North Shore prices are stable but selling slowly, a pretty good indicator in the worst recession in our lifetime. I wonder how many suburban subdivisions can make this claim?
Housing on hold
Of the nearly 250 units mentioned in Flessner's article, only 4 are in foreclosure (less than 2%) and none have dropped their asking price. From this I condlude that North Shore prices are stable but selling slowly, a pretty good indicator in the worst recession in our lifetime. I wonder how many suburban subdivisions can make this claim?