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

To: Tradelite who wrote (23056)	8/8/2004 3:26:22 PM
From: ChrisJP	Read Replies (1) \| Respond to of 306849

Hi Tradelite, over the past 10-15 years, the older homes have been so heavily upgraded/improved/renovated/replaced on a limited amount of available land that this option of buying a small/old-fashioned/affordable home has almost disappeared. You must be talking about my neighborhood, lol. Yes I agree there has been extensive renovation and modernization in recent years. In our neighborhood of 200 homes, there always seems to be 3 or 4 house under improvement. But I still say that people wanting the 4BR/3BA/2 car garage 3000 sq ft house before or as soon as they have their 1st child is a factor. Chris