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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 21 Feb 2005 09:59:07 +0000
/ Author of the message: Biwah |
Title of the message: |
Re: Florida real estate
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Text of the message: |
On 21/2/05 9:26 am, in article 421ba846.206852147@shawnews, "user@127.0.0.1" <user@127.0.0.1> wrote: > I stopped my SUV to talk to a 40ish gentleman who was doing some work > out on his new driveway. . . . I listened in stunned > amazement as he told me that he and the rest of the speculators had > paid between 600 and 700k for these crackerbox tract homes. As he was > talking I did the quick math on what Dell Webb, the builder had into > these homes and figured that he had no more that 130 - 150k into the > land and the construction costs for each home. > > The nice man in the driveway said that the bottom had fallen out of > home prices back in Sept. and overnight the homes had lost over 150 - > 200k in value. . . . > > I asked him what these properties would rent for and he said that > people were trying to get 1850.00 a month but that 1600.00 was > probably what they were worth. > > . . . The asking price of one of the |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.