The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (54615)	5/22/2006 1:59:04 PM
From: John Vosilla	Read Replies (1) of 306849

Your shouting the standard realtor line. Here is a 3500 sf for $550k way out in your boonies where land costs aren't high. drhorton.com If you are telling me a builder can sell for $45 psf and make a profit in some places in this country even if they got the land for free then homes in bubble markets are set for the crash of a lifetime.. You do also realize it costs at least $15-20k in soft and hard costs to improve the land and put the infrastucture in.. So in essence any builder should be able to build a 3500 sf coockie cutter without upgrades for $140k on a ready to go improved lot in many areas of this country today?

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