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firstdown · 05-06-2010, 05:15 PM

I had to buy a house in that market when there where not enough houses and to many buyers. If you liked a home you better have a contract in their hands for 10,000 or more over asking price or you where left sitting on the curb. It was just crazy. My budy put in a contract to have a home built for like $280,000 and after the contractor dragged it out for a 1 1/2 yrs his new home was now worth over $425,000. He sold the home and never moved in. Part was a supply problem and then people figured out they could get some fancy loan and buy a bigger home. Then we rounded up more illegals and contractors started building house after house then the market dropped and now we have a bunch of home and no buyers. We are also stuck with a bunch of illegals that now won't leave.

05-06-2010, 05:15 PM	#279
firstdown Living Legend Join Date: Oct 2004 Location: chesapeake, va Age: 61 Posts: 15,817	Re: Arizona's New Immigration Law I had to buy a house in that market when there where not enough houses and to many buyers. If you liked a home you better have a contract in their hands for 10,000 or more over asking price or you where left sitting on the curb. It was just crazy. My budy put in a contract to have a home built for like $280,000 and after the contractor dragged it out for a 1 1/2 yrs his new home was now worth over $425,000. He sold the home and never moved in. Part was a supply problem and then people figured out they could get some fancy loan and buy a bigger home. Then we rounded up more illegals and contractors started building house after house then the market dropped and now we have a bunch of home and no buyers. We are also stuck with a bunch of illegals that now won't leave.