As Troy, so goes the region? One financial analyst is predicting that recent multi-million dollar real estate cities in the... the... does Troy have a cool nickname? Anyway. We digress. A handful of big-ticket land deals may mean that the real estate market could stabilize sometime this year. Cross your fingers, y'all.
Excerpt: "When the locals are buying, that's a good indicator that things have hit the bottom. That gives me hope," said Bruce Morrison of Signature Associates.
Say on, Oakland Business Review.
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