If you didn't buy at the peak, and not much was for sale during the peak in your particular area, it was pretty hard to notice. I saw one waterfront property over here go from $895 list all the way down to $695k. I think it's back up now. If you didn't notice the $200k drop, it didn't happen
At least that's the way many realtors dealt with it.
From a cursory review when I was there in August, I saw some prices in the Meredith area that were lower than what I was familiar with. But you have to track neighborhood addresses to really get a feeling, median prices mean nothing.
Too bad real estate taxes didn't follow suit
