Probably in the last six months I've seen more 100 financing deals than I've seen in the last two to three years.
More Quotes from Brett Ellis:
There had been some pent up demand that seems to have entered the market. I think people saw a respite in the market and decided to make a jump.Brett Ellis
Because we have more inventory right now prices are starting to come down. The market is re-balancing itself. It was out of balance there for a while and we had too many buyers and not enough inventory and now it's the other way around.
Brett Ellis
But gated communities aren't necessarily a guarantee of safety. The bad guys don't respond to gates or to rules in general. Anytime you live in a more upscale community it tends to be a magnet for crooks because they want to go where the money is.
Brett Ellis
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