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

To: Elroy Jetson who wrote (51147)3/30/2006 4:20:56 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
well a friend of mine paid about $165k per acre in some beautiful desert land backing up to a national forest...

it sounds like he got a major bargain <gg>



To: Elroy Jetson who wrote (51147)3/30/2006 4:58:57 PM
From: Wyätt GwyönRead Replies (1) | Respond to of 306849
 
home builders paid roughly $500,000 per buildable acre for empty desert land.

that seems ridiculous, when you consider that for about 500K you can buy around an acre in Austin...with a 3000 sf house on it.


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