Three new listings in Cache County today including a $450,000 spec home in North Logan. Not sure what the builders and listing agents are thinking. There is a huge over supply of homes in this price range and their chances of making money on it aren't very good. What's even worse about this property is that it's listed as a Logan condo, when clearly it is a single family home. If I thought the market for $450K spec homes was limited in Cache Valley, the market for $450K condos is even less.
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Thursday, May 6, 2010
Cache County New Home Listings for 05/06/2010
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