We live in a relatively small town with a larger rural base surrounding it. The in-town prices are maintaing a higher ratio of LP to SP than rural. I think this is because of the ease of walking or biking to downtown service centers versus getting into a car and commuting which involveshigh gas prices and parking issues. The high end 4000+ sq ft properties still seem to be declining in price at a higher rate than the 2000-3000 sq ft homes at this time.
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We live in a relatively small town with a larger rural base surrounding it. The in-town prices are maintaing a higher ratio of LP to SP than rural. I think this is because of the ease of walking or biking to downtown service centers versus getting into a car and commuting which involveshigh gas prices and parking issues. The high end 4000+ sq ft properties still seem to be declining in price at a higher rate than the 2000-3000 sq ft homes at this time.