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Boston's housing-market paralysis
By adamg on Mon, 12/08/2008 - 7:15pm
Would-be buyers don't want to buy homes now with interest rates set to go even lower, and would-be sellers would rather wait than lower their prices anymore, so nothing's moving, John Ford reports.
The Boston Condo Guy reports a significant dropoff in downtown condo sales in November compared to last November, but says that while the seven-figure market continues to show price weakness, prices actually went up for condos under $1 million.
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