Thursday, February 22, 2007

OMG - The Madness

The real estate market in and around Ft Drum NY is absolutely horrible in aspect of prices. You can look at the Watertown property transactions any time and easily find where a house that was bought just one year ago changed hands again recently at a nice 20%, 30% or even 50%.

This is something I came across today.

139,900

Just move in!! a beautiful 3 bedroom ranch conveniently located to ft. Drum and watertown. Oak cabinetry kitchen and wall to wall hardwood floors throughout entire house. Full basement that could easily be finished off for extra living space. The a ttached extra wide garage has a workshop. The backyard has a new cement patio which you'll enjoy once the snow is gone and the flowers have bloomed.

No, this isn't a one bedroom condo in a metropolotin area, this is a 950 sq ft 3 bedroom ranch in Watertown, NY.

Yes, I did say Watertown, NY where in any given month you will find reports of the latest crime spree. Yeah, that one.

I am waiting for the Watertown edition of "Flip This House" where the new owners just kick back and wait a few months or maybe as little as a few weeks and make a huge profit.

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