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Is it really that depressed for home sales in Detroit!!??

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Old 01-27-2013 | 07:48 PM
  #16  
rockcrawler304's Avatar
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Joined: Aug 2005
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From: Live Oak Texas
Originally Posted by rattlerbob5.9
Crawler check this one out you want to see really crazy ......

This spring a 2672 sq ft house on 2 acres with 200 ft frontage on a prized trout river with a pole building 22 x 42 and a pond in northern lower michigan on a private two track sold for 12,500 cash !!!!!!!!!!!!!!



Guess who bought it ???


Closed on it 4/20


New construction no soffit, facia, siding or furnace also some drywall not complete but 6" walls 2 story, steel roof, 6k in large windows and a view to die for--------------- on the other side of the river my only neighbor 1100 acre trophy deer preserve with their feeder 300 feet from my patio door
Bragger!!!




I would love to have something like that!
Old 01-27-2013 | 11:29 PM
  #17  
rattlerbob5.9's Avatar
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From: Michigan
Originally Posted by patdaly
First off, why would anyone WANT to live in Detroit? You couldn't pay me to take a house there, chances of living aren't good at all.

Around here, Farmland is north of 10K an acre, not sure exactly how far north because not a lot sells, and every time a parcel comes up, a "new" record price is established. Bought mine in 2000 for $ 2,500 an acre, that was "record" territory then, should have bought more in 2009 when it was $ 4,500.........

Pat you couldn't pay me enough, or drag me there either to any city.


Sounds like your land values are going very similar to mine here.


Let's hear from you guys in the other states what is actually happening in real life there.
Old 01-27-2013 | 11:56 PM
  #18  
rattlerbob5.9's Avatar
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From: Michigan
Originally Posted by rockcrawler304
Bragger!!!




I would love to have something like that!


Yes a little

I am still fired up about it and worked like a dog all summer, but i did take a few minuets to fish one evening while i was BBQ ing some chicken for dinner. Hooked a nice trout and cooked him up for desert = was really good .

It is a BIG project for 1 guy to finish by himself with a good number of years on his body, plenty of room if you want to come up and help oops i mean fish

I am making lot's of sweat equity and if/when wife gives up on me i will not be sleeping in my truck
Old 01-29-2013 | 07:55 PM
  #19  
bkrukow's Avatar
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From: boyden, IA
I live in the very NW corner of Iowa. The land here is off the charts. Its all flat farm land with almost perfect black dirt. Some feilds within 10 miles of my house have been going for over $20k/ acer. Thats just plain nuts. No way in two liftimes can you turn a profit on that dirt. The dirt here in Sioux county turns in some of the best yeilds in the country but 20K is just stupid.
Old 01-29-2013 | 08:33 PM
  #20  
NE frmhnd's Avatar
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From: McCook, Nebraska
Originally Posted by bkrukow
I live in the very NW corner of Iowa. The land here is off the charts. Its all flat farm land with almost perfect black dirt. Some feilds within 10 miles of my house have been going for over $20k/ acer. Thats just plain nuts. No way in two liftimes can you turn a profit on that dirt. The dirt here in Sioux county turns in some of the best yeilds in the country but 20K is just stupid.
They'll turn a profit for a few years. Then when it crashes (it always does, the only sure thing in farming- if it's going good, it will only go good for so long), then there will be a lot of cheap ground when they can't pay the note on it.
Old 02-01-2013 | 06:41 PM
  #21  
rattlerbob5.9's Avatar
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From: Michigan
Originally Posted by bkrukow
I live in the very NW corner of Iowa. The land here is off the charts. Its all flat farm land with almost perfect black dirt. Some feilds within 10 miles of my house have been going for over $20k/ acer. Thats just plain nuts. No way in two liftimes can you turn a profit on that dirt. The dirt here in Sioux county turns in some of the best yeilds in the country but 20K is just stupid.
Ouch, i would have to agree with you that is nuts almost double what i thought was getting a long way out of hand around here.

What the heck is the bushel per acre average for corn on that type of land ?
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