9 Norfolk Street has been significantly reduced again and is now offered for $2,495,000. It was at $2,750,000 and is down from the original asking price of $3,495,000. That's $1MM less!! Of the five that have closed this year in South Rehoboth, only one has sold for over $1MM, the average price being $987,800. The Million Dollar Buyers have been scarce. How can you blame them with such volatility in the stock market and in our economy in general.
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August 20, 2011
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