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Home / News / New home, existing home prices equalize in Ada Co. (access required)

New home, existing home prices equalize in Ada Co. (access required)

Back in 2006 and 2007, homebuilders were scrambling for lots in Ada County. Some savvy investors bought up lots for $35,000 to $40,000, then turned around and sold them for $100,000. At that price, builders no longer found it feasible to put a $250,000 house on the lot, so they simply upgraded to $400,000 homes - often ...

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