Yeesh! This local economy is really starting to scare me, but if I had some money to invest it would sure be a great opportunity to buy some real esate. When the new Global Foundries plant gets up and going full speed, or even half speed, we'll all be kicking ourselves for not buying properties now that in the year 2013 could be three times the price.
I posted last week about the price of Sperry's being dropped by 1/3, and now I see the The Condominiums at 11 Cottage Street have lowered their starting prices on a one bedroom from $275,000 to the now advertised price of $240,000.
I mentioned in a post earlier this year that the location of these units was close to perfect, even if the units themselves felt just a bit generic and lacked the charm of older Saratoga properties. Well, here's wishing the sellers luck and hopefully the market will pick up at some point.
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