Not Your Typical Water Hazard

October 9, 2008 by  
Filed under Eric OKeefe, Feature, Residential Property

What story broke yesterday and continues to dominate the business press today? Begin by asking yourself which feature adds the most value to a piece of rural or recreational land. As we all know the answer is almost always water. Unfortunately that same valuation strategy doesn’t hold for residential properties, as the Wall Street Journal pointed out in this article titled “Housing Pain Gauge: Nearly 1 in 6 Owners ‘Under Water.’”

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