Friday, October 8, 2010

American dream (buyers' market edition)

The blog managed to fit in one more walk, although the shorter days and the baseball play-offs make it hard to find the time. The moderately priced houses of Fiddler's Glen were built in 2005 and 2006. Despite the overall garage-centric style, this inoffensive development feels like a community. It is easy to imagine, in a couple of weeks, a high level of trick-or-treating. But home prices are falling here, and recent sales have dipped into the $130s. The Freddie Mac web site shows the foreclosure house on Trillium Lane in Fiddler's Glen available for $109,900. The blog thinks this is probably a great deal. Surprisingly, some spec houses are still under cosntruction...

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