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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (10871)5/31/2003 10:36:15 AM
From: fattyRespond to of 306849
 
What I have seen is that developers would demolish a $400k ranch to build a 3000 sq ft colonial and market it for $1M.
From what I can gather, the new colonial probably cost less than $300k to build.



To: Les H who wrote (10871)5/31/2003 11:05:27 AM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
>> I've seen ads for $ 30,000 downpayment grants so $ 600,000 is certainly possible. Other ads have been for homes up to $ 1,000,0000<<

downpayment grants for what would certainly be deemed "high end" (if price is the guide) homes?

what is wrong with this picture?



To: Les H who wrote (10871)5/31/2003 10:27:58 PM
From: Les HRead Replies (2) | Respond to of 306849
 
With 9 kids, couple looks forward to $ 3600 tax cut

mlive.com


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