Quote:
Originally Posted by Irish mist
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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Down to 125,000?? Sounds like a good investment if your able to sit it out awhile.
