Monday, June 18, 2012

Ken Pederson quoted in the local news

5 years of home sales show big skid in value
..."Ken Pederson, branch manager of the Lancaster office of Fairway Independent Mortgage Corp., said the price declines over the five-year period from 2005-06 to 2010-11 are consistent with what appraisers told him.

"We're not Florida, California, Nevada or Arizona," with prices falling through the floor, he said.

"That bodes well for the staying power" of the local market," Pederson said"...

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