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

To: John Vosilla who wrote (47146)	1/16/2006 11:51:04 AM
From: KM	Read Replies (1) \| Respond to of 306849

Lots of nice distressed sellers already too, with more to come.

To: John Vosilla who wrote (47146)	1/16/2006 2:23:08 PM
From: ohyeah	Read Replies (1) \| Respond to of 306849

I checked out Boulder a few years ago and spec builders were dropping 450k on 5000-6000 sq ft lots in newlands with 1 level teardowns. The best areas were 700k for a teardown. Maybe not a bubble by some peoples standards but you certainly pay a premium to live there. As far as I can tell Boulder didn't go up that much since then but it hasn't and doesn't look to be going down either. IMHO there are more reasonable college that offer 75%+ of the Boulder lifestyle for 25% of the cost. As others have said though if the place falls off a cliff I would be all over it.