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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (20940)3/24/2005 9:19:58 AM
From: Suma  Read Replies (2) of 78570
 
I cannot believe what is happening here. Two years ago houses on my block were on the market for months. They brought about two hundred twenty thousand. This month a house two doors down from me sold in three days. The asking price was outbid. There were three who wanted the house bidding against one another. The price was three hundred and twenty thousand.

I should have bought up a few. Two years ago a lovely house sold privately for $ 145.000 It was in excellent condition.

This is the story all over Florida. A house a year ago that was three hundred fifty thousand is five hundred fifty today.
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