Guam’s real estate boom slows to a whimper outlook uncertain

Real estate activity in the fourth quarter is tapering off toward the year's end if October sales numbers are anything to go by.Patricia Feore Realtor with ReMax Diamond Realty told the Journal "You speak with any Realtor; they'll tell you sales have dropped 40% this year. We are very slow; we are sucking air.""A total of 19 single family dwellings closed in October ranging in price from $125 000 to $678 000 compared to 26 dwellings in October 2007. Nine condominiums sold ranging in price from $66 500 to $260 000 compared to 16 in October . . .

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