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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (54574)5/22/2006 9:55:06 AM
From: John VosillaRead Replies (3) of 306849
 
New 3500 sf home in Indianapolis by Centex for only $159k. How can they make a profit? I thought construction costs have gone through the roof the last couple of years. Jeez $45 psf for the living area and you get everything else for free. Yes it is a two story production boxy home but still seems way to low. Something does not make sense to me<g>

centexhomes.com
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