A question for Brooke(or anyone who knows real estate)
I went to an open house at Memphis Flats recently. The places seem very nice, however the prices they are charging per unit just seem so high, especially in a "buyer's market." My questions for Brooke, or anyone else who would know: 1) are these units moving at all? 2) What are the chances that the price dips down to the $250k, $225k....or even $200k range for a Memphis Flat? 3) Are the newer flats/lofts/condos in the Fishtown AREA (Memphis, Steel Factory, Ribbon Factory, Candy Factory) selling or are they not moving cause they are overpriced and are likely (in your opinion of course) to come down soon? I was very critical of this area at first, but after hanging around Fishtown a lot in the past month or so, I have COMPLETELY changed my mind. Hoping to find something in that area, at a good price, in about 8mths-1yr; so thanks in advance for any help.
Last edited by Ace Capone : 05-10-2008 at 02:22 AM.
Reason: changed title of post
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