This Denham Springs Watson La Housing Market Chart Reveals A Partial Meltdown in Higher End Homes Market?
http://www.appraisersindenhamsprings.com/ – This Denham Springs Watson La Housing Market Chart Reveals A Meltdown in Higher End Homes Market? I just completed a refinance appraisal in Watson’s higher end Easterly Lakes Subdivision and my, my was the market research an eye opener. As of 9/18/2010, the Post Hurricane Katrina Median Sales Price Highs from September 2007 have declined 14%. Just since 9/2009, the median sales price has declined approximately 8%, see the chart above. Not only that, but my search of GBRMLS revealed 3 REO or Foreclosure sales and 1 REO Listing and 1 Short Sale Listing. This is a partial Continue reading This Denham Springs Watson La Housing Market Chart Reveals A Partial Meltdown in Higher End Homes Market?