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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (21852)6/28/2004 8:25:10 PM
From: David JonesRead Replies (1) of 306849
 
How about 840K for 800sq ft/10,000 lot single family in Pleasanton Calif. A little less than two years ago it was appraised for 500K. No kidding it's next door to a rental of mine. Which in 2000 I got 1700 per and now had to lower to 1450. I suspect my place would appraise around 800K. Let's see 800k returns 17,400 'gross' per year. nuts!
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