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


To: BWAC who wrote (31327)5/16/2005 1:52:32 PM
From: mishedloRead Replies (1) | Respond to of 306849
 
are the houses worth more or just the land?

Mish



To: BWAC who wrote (31327)5/16/2005 2:04:23 PM
From: Mike JohnstonRead Replies (2) | Respond to of 306849
 
Better solution might be to buy some raw land in the desert for 5K a lot, ship some mobile homes at $20K a pop and sell the whole package at 100K a pop, over the internet.

Right now everything sells, here in NJ even soot covered houses located 250 feet from one of the busiest highway interchanges in the world ( NJ Turnpike, GS Parkway, I-287).