CONDO GLUT: Condominiums and townhouses have traditionally...
CONDO GLUT: Condominiums and townhouses have traditionally been first steps for young families wanting their own homes. . . . But the Valley’s weak real estate market has been driving down prices, and with interest rates at a 20-year low, many are skipping condos and buying single-family houses, leaving a glut of condos. Valley Business, page 3.
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