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To: Jacquerie

A boatload of out of state money has been lost in the NC resort market, both mountains and beach. The worst hit were folks who bought vacant lots in gated communities where the developers went tatas-up. One on the coast sold lots for $350K back in 2006-2007. There’s over 50 lot foreclosures in that development for sale now at around $20,000 each.


27 posted on 02/24/2010 3:38:19 PM PST by Rebelbase
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To: Rebelbase
I hope that development is named Cannonsgate, lol, talk about your poetic justice for our former "governor," and I do use that term as loosely as he did.

Easley's going to do time, when it's all said and done. Maybe they'll chopper him off to Butner for old times' sake.

34 posted on 02/24/2010 4:02:58 PM PST by RegulatorCountry
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