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Mission De Los Arroyos Report Archive - October 2006
Third Quarter Takes Its Toll on MDLA
What's a person to do? As you can see from the chart on the next page, last quarter was rough for MDLA home prices. Not only were sales slow requiring more time to sell a home, but the average price per square foot dropped significantly. Most experts are expecting the market to normalize next year, so hopefully prices once again will rise. And, as long as you're not selling right now, it's no big deal. But, what if you really must sell your home at MDLA?