CH>  I do. That's what the papers are saying anyway. (Nytimes/Orlando
 CH> Sentinel/Star Telegram (Fort Worth)... on this issue.

 RW> They're saying that about DFW, maybe. My property value keeps going up
 RW> here near San Antonio. I guess it helps to have people building
 RW> mansions on the river, just a block away.

Crazy how they keep building when there's so many existing homes for
sale. How can that increase values for anybody?

There was no bubble in DFW when we moved there in Feb 2003. But by
geroge there sure was one in FL in 2004. Doubled. It was said 'brought
houses up to ""par"" with those in DC area and CA more
or less. That
is a starter home less than 2000 Sqft going for 200K. ((Depending on
location of course.))

There's a house near ours that has been vacant since it was built in
2005. Almost bought finally last spring then it like several others on
the block developed foundation cracks. This lowered the value and
almost got bought again last winter but the bank wouldn't allow it. SO
it and 20 0ther houses in that section including ours is for sale
still and values are all steadly dropping trying to sell...

Meanwhile at the other end of the development (which sparng up mighty
fast in five years) they're still building .. houses.

How can they keep building when there's so many for sale?

It's crazy!

Cindy


... Hawkeye: "Is it animal, mineral, or vegetable?" BJ: "Yes"

--- PPoint 3.01