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Reply to "Are sellers cutting prices in your area?"
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[quote=Anonymous]In desirable areas and the best towns prices are not falling and most sellers (unless they overprice) are not cutting prices. Less desirable areas prices are falling. When we purchased I remember the banker telling us only to purchase in certain areas. Areas that were ok during the 2008 recession or bounced back quickly. I loved a house in another area, but knew , although a nice area with good schools, it wouldn’t hold or increase in value. I am happy I made the choice to buy a smaller home in a better location. [/quote]
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