As the housing market continues to worsen we'll see more ads from builders and distressed sellers alike to unload their increasingly devalued properties. The image below is from an
actual ad by a builder in Escondido (San Diego County), and is a firm reminder that we are not at the bottom of the market yet.
Below is a direct quote from the advertisement:
Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free -- if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 million.
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