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

To: bentway who wrote (107310)	2/29/2008 1:12:11 PM
From: Lizzie Tudor	Respond to of 306849

thats what I thought - which means there is an EXTREMELY LIMITED amount of potential buyers for a home like that. If you don't need to work anymore you might even make a decision to dump the whole entertaining thing (for parties over 60 ppl) and dump the stress of having to maintain a 10K sq ft property (assuming you don't care about cost). I am amused at how these way out there white elephants are marketed. Its AS IF an executive would buy somewhere in the boondocks.

To: bentway who wrote (107310)	2/29/2008 1:13:32 PM
From: John Koligman	Respond to of 306849

I read that last year home prices in Utah went up something like 22%, which surprised me, although the NY Times ran an article on the state a couple days back that basically said the slowdown has now spread there. St. George has had quite a few boom years, prime area if you want dry warm weather, and at least until recently the prices were pretty reasonable. John