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Tom's Take on the Current Market: The "perfect storm" is sweeping across the real estate market in this beach-town, as an abundance of new construction, resales, and forclosures caused by ajustable rate mortgages, has created a bloodbath for would-be sellers. There now exists a golden opportunity for savy buyers, (with low interest rates still out there); or renters just wanting to spend a week on the "ole eastern shore". |