I came across this article indicating that real estate prices are down in the US . However, when you read further, it says that Maine ‘s prices actually went up when you exclude distressed properties.
It is still hard out there for a lot of people in our troubled economy, but I like to look at the positives. I certainly feel a little better seeing this information and so should you.
The reality is home prices were super inflated and the market needs that to be balanced out and more accurate. Once that happens, then hopefully things will get back to normal. I am not about to predict when this will happen – but I can predict that it will happen, as it always does.
Let’s hope Maine stays on course.
Click the link below to read more:
US real estate prices down 1.3% in October North America News
Thanks,
Doug
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