vfb

6 Reasons to Short Housing Stocks

bcr - the $350 per month might work in Colorado but in other markets the cost to carry a near complete home is more in the $650-750/month per home. In the northern virginia marketplace you have to pay the property tax on the completed home. For a $500K home that could be $450/month. Additon on top of that the carry and the damage that is done to the home while sitting. It is much better to sell the home and get rid of it at a discounted basis then to carry it.