Posted Feb 5, 2007, 4:26 PM
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BANNED
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Join Date: Jul 2006
Posts: 561
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Thanks for the insight Mark. There are several nice properties available for sale in Gateway, I just don't see anyone jumping.
I'm sorry about your market timing on buying. The condo market flattened in the fall of 06 but I really doubt you'll ever see 2004-2005 prices (or interest rates) again without a MAJOR economic disaster. I don't have a crystal ball but housing prices are what urban economists call "sticky" in the downward direction. Oh well, there are a lot of advantages to renting that are not widely discussed.
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