Winnipesaukee Forum - View Single Post - Lakes Region Real Estate Correlation to Stock Market

Irish mist · 10-06-2008, 09:34 PM

The Lakes Region real estate market is really starting to lose steam. There's a 51 lot sub-division in the Lakeport area near the Laconia country club that looks like it is going under. A new Brady-Sullivan condo complex on the Weirs has went from $180,000 to $125,000. Several other condo developments are now on hold......and my condo complex is down close to 20% since 2005.

IMO it's going to get worse for at least another year or two.
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Girlfriend pic

10-06-2008, 09:34 PM	#2
Irish mist Senior Member Join Date: Dec 2006 Posts: 686 Thanks: 128 Thanked 85 Times in 49 Posts	The Lakes Region real estate market is really starting to lose steam. There's a 51 lot sub-division in the Lakeport area near the Laconia country club that looks like it is going under. A new Brady-Sullivan condo complex on the Weirs has went from $180,000 to $125,000. Several other condo developments are now on hold......and my condo complex is down close to 20% since 2005. IMO it's going to get worse for at least another year or two. ________ Girlfriend pic Last edited by Irish mist; 02-27-2011 at 11:30 PM.