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Investing in Teardowns

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In some of the frothiest real estate markets, one of the hottest of trends is the teardown. From Greenwich to California, houses young and old, well-maintained and not, are becoming teardowns so that builders construct new bigger and better homes. Greenwich had nearly 200 teardowns in 2005, according to data provided by Kolie Sun Chang, a research analyst with Connecticut's Department of Economic and Community Development.

Ahorre July 18, 2006 09:12 PM | New Fairfield Connecticut | Tarjetas de Credito