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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: deeno who wrote (98675)12/31/2007 2:27:50 PM
From: George8Read Replies (1) of 306849
 
There are many new or near construction property listings in and around San Marcos/Escondido area for well below $200 sf price. So, are you suggesting that these listings are selling below replacement costs?

Example:

2004 5/4 3172 sf at $549,900 ($174/sf)

realtor.com
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