Do you want to buy a home, but feel the residential market just isn't depressed enough for you? Are you looking to really dig a pit for yourself? Then have I got the home for you:
South Brea Lofts, Brea CA.
These bad boys combine a townhome up top, with retail space down below, all for a starting price in the low $700's. They perform the rare feat of exposing the buyer to both the residential and commercial real estate markets in one shot. So, I wonder, will it be the upstairs that plunges the buyer into negative equity first, or the downstairs? Tough call, but if I suspect that most of that retail space hits the market DOA.
Sunday, November 11, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment