Median sales price dropped from $220,800 in 12/2005 to $215,875 in 01/2006. The funny thing is that the average sales price went from $266,731 in 12/2005 to $273,690 in 01/2006. Both of these statistics are for SFR (Single Family Residence), TH/C (Townhouse/Condo) and MH (Manufactured Home). The fact that the average was much higher is [...]

Do these go together? I think the answer is a definite YES! According to the local news, approximately 3500 apartment units are in the process of being converted to condominiums. What will happen to those tenants? I know of a couple of new apartments recently completed, but my guess is they will not replace all [...]