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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (79670)	3/7/2008 8:47:24 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

No, but look at this hudsonandmarshall.com and this realtor.com FWIW, this is WAY below cost to build, you could buy an investment property for 1/5 cost. It won't last forever - at least, I don't think so! So, thinking of trying to get my low bid, what the heck? -g- Cost to build in Detroit area is $142 per Sq. foot for a 2000 sq. ft. home. You can see some VERY nice places there. In fact, most likely this investment will be a relatively quick triple. These prices are insane. They will probably pass later this year, since subprime rate resets are at their peak right now, March 2008, and will come down later.