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

To: Tradelite who wrote (18355)	3/9/2004 4:03:10 PM
From: JBTFD	Read Replies (1) \| Respond to of 306849

You are right. I've seen that here. What were once working class neighborhoods are now very expensive, and you can see the upgrades going on.

To: Tradelite who wrote (18355)	3/9/2004 10:57:03 PM
From: Amy J	Read Replies (2) \| Respond to of 306849

Tradelite, RE: "The growth of the home remodeling industry has been pretty remarkable in recent years. " There has been a lot of remodeling in the Bay Area. Right after a contact of mine remodeled his house bought maybe 3 or 4 years ago, he was surprised to receive an additional property tax bill for $5k. His property tax was reset to market value due to the remodeling (he didn't know remodeling would change his property tax.) He's also a curious guy, and was told planes fly overhead for aerial photos once a year to seek out remodeled homes for tax collection purposes. I don't know if he was pulling my leg, or serious, either way it was an interesting story. Regards, Amy J