tag:blogger.com,1999:blog-845664638368819575.post698909411745757896..comments2012-04-11T18:41:21.768-07:00Comments on South Florida Bubble Trouble: BubbleMs. Jupiterhttp://www.blogger.com/profile/13936322006079042910noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-845664638368819575.post-60658621334656207462010-11-11T10:13:30.104-08:002010-11-11T10:13:30.104-08:00A tract home McMansion that the bank just took ove...A tract home McMansion that the bank just took over (recorded date 10/29/2010). Not suprising, but looks like the bank got it back for $342K (no higher bidders). This baby sports a very impressive 4592 sq ft.<br /><br />http://199.27.243.2/RecInfo.asp?URL_Folio=513936023330<br /><br />Since there were no higher bidders at $342K ($75 per sq ft), this one will end very badly. <br /><br />These massive tract homes are taking a real price beating as people begin to factor in the operating costs of these behemoths and the fact that they have to qualify for loans now days with 20% down.<br /><br />2500 sq ft Max.Anonymousnoreply@blogger.com