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Old 09-10-2009, 11:04 AM   #42
fatlazyless
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Here's another waterfront house that has seen a price drop, 5 Stonedam Island Rd,, Meredith, which is the first house at the eastern entrance to Sally's Gut. White-3 bed-two story, year round home; last July 2008, it had an asking price of $1,300,000., and now the asking price is $925,000.. That's about a 35% drop and it's been at that price for two months now.

So, what's keeping the buyers from biting now?
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