Monday, February 18, 2008

Theory: Only low end realestate will be affected by subprime hell.



180 Fiesta Wy Fort Lauderdale, FL 33301 MLS ID# F835404

● 5 Bed, 4 Bath
● 6,320 Sq. Ft.
● 0.25 Acres
● LAS OLAS ISLES HOME WITH 90FT OF DEEP WATER DOCKAGE.
● Large Traditional Waterfront Home in the Exclusive No Fixed Bridge Nurmi Isles just just off Las Olas Boulevard.
On the MLS at $1,850,000
Purchased on 1/31/2007 $2,250,000
● For a loss of $400,000

End of theory -The MCP postulated

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