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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 (112877)3/26/2008 10:44:10 AM
From: MoneyPennyRead Replies (1) | Respond to of 306849
 
She has high negative equity in an inland project, wrong side of I-75. I guess those Prada and Vuitton handbags will have some value on E-bay, but maybe not.

I drove up the ridiculously named Chiquita Blvd in Cape Coral yesterday for the first time in a few months. There are at least 50 model homes, all from small builders on this depressing stretch of road. About half are boarded up and not maintained. I only counted 3 that still had agents sitting in them. Their market has moved away.

Are you still looking at properties in CC? MP