In 2007 there was 138 resale homes for sale here at Lake Ashton, In 2009 there are now 60 homes for sale. Lots of people just don't want to sell their home because the home is worth much less than what they paid for it. There are about 45 homes and 15 RV homes for sale here at Lake Ashton. The people that are buying a RV home drive in with their $500,000 to $1,000,000 Mobile home and want a new one. They just don't want someones else used home.
Last year 42 homes was sold here at Lake Ashton, this year so far 20 homes has been sold. Homes that were bought at $300,000 with $40,000 in improvements are now being sold at $175,000. A big loss to the buyer.
How is the market doing? Prices are still going down slowly but more people are buying. Banks interest is now at 4 1/2%
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