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Sunday, April 25, 2010
Cache Valley Utah's New Home Listings for 04/25/2010
Is the new high end home in Cache Valley making a come back? I sure don't think so.
However, the new listings today include 11 new construction spec homes for sale in North Logan, all priced at more than $400,000, including one with a list price of 1.8 million? This is really weird. Either the builder and listing agent know something I don't know about high end homes in Cache Valley, or else they're trying to the Don Quijote approach.
I guess the good news for the builder of these properties is that it doesn't look like the homes have actually started construction. They are just "paper" to be built home listings. Looks more like an interesting marketing approach than anything. It sure will skew the absorption rate statistics for Cache County real estate though.
Here is the intriguing list of "new" homes for sale, in North Logan. At the end there is also an incredible deal of a short sale home in Hyrum.
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