On October 6, 2006, CNN Money reports of
On October 6, 2006, CNN Money reports of Moody’s Economy.com survey and analysis of housing markets of metropolitan areas in the United States. The authors of this study project that one of the areas that would be most affected by price decline in the near future is the Sarasota real estate housing market, ranked fifth overall of the home price decline forecast. The deepest price drop of 14 percent is yet to be experienced by the third quarter of 2007. In a market like this, many homes are being sold ‘as-is.’Buyers are often averse to taking risks in screening or […]
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