Thursday, October 4, 2007

Slow market

Last night at dinner we got on the subject of real estate in town we used to live. The word from a family friend who still lives there is that the real estate and mortgage market has really bottomed out. Mortgage companies are closing the doors left and right; there just is no market. I guess we will be hanging on to our house there for awhile yet. We knew several people there who worked in real estate and mortgage sales. I wonder how they are doing through this?

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