Friday, June 10, 2011

HOME EQUITY IN THE BASEMENT

Coconut Grove real estate experts, The Cherry Group, reports home equity has fallen from 61 percent at the start of 2001 to 38 percent at the end of this year's first quarter. Home prices are at their lowest level since 2002. Generally speaking, we cannot list our homes for more than we paid in 2006 or later. Call the Coconut Grove real estate experts for an honest count. We will tell you the truth. That's The Cherry Group at 305.607.8360

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