Saturday, April 18, 2009
The real estate industry has a seven-year boom-bust cycle. During one of the boom years, a whole subdivision with more than 600 lots were sold out in one day! To say that it was a seller’s market was a gross understatement. cheapest auto insurance companyCash buyers were given priority, followed by those who gave 50 percent down payment. All payments were covered by manager’s check. This happened in the days before the Asian financial crisis.
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