Anatomy of a Very Bad Deal

Dr. Housing Bubble’s featured bad deal of the day is a 624 foot, two bedroom “dollhouse”selling for $440,000.

Found in El Monte, California this tiny adobe continues to prove our theory that location matters.

[tag-tec]Dr. Housing Bubble’s[/tag-tec] featured bad deal of the day is a 624 foot, two bedroom "dollhouse"selling  for $440,000.

 

Found  in El Monte, California this tiny adobe continues to prove our theory that [tag-ice]location[/tag-ice] matters. 

 

Don’t get discouraged by all of this.  We have included it because it is the exact opposite of many other markets across the U.S. of A. 

 

There are still fantastic deals out there just waiting for you, but you’ve got to be smart- and practical about it all.

 

(Note- our [tag-self]condos[/tag-self] in Nashville, as small as they are – are 740 square feet and don’t sell anywhere near the asking price of this tiny shack).

 

Read More

Leave a Reply