Thursday, January 10, 2008

Real Insight

From a broker's mouth via Rocky Mountain News: Metro home prices drop 2%.

Beverly Meade, a broker with RE/MAX Avenues, saw a condo near Lowry with structural damage advertised for $11,000.

"If you have money, it is a good time to buy," Meade said. "If you are in foreclosure, you are not in a position to benefit from today's market."


Gee, really?!?

Thanks for the advice, Captain Obvious!

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