Subject: Report from Kansas
From: Anonymous
Date: 11/14/2006 6:56:03 PM
I witnessed auction of 80 acres plus 3BR 2BA
brick house (1992) w/ two large sheds & pond
for $265k. Locals tell me the house accounts
for over $200k of that. This was 1.5 hours
south of Kansas City. That would be a little
high for that location, but not bubblicious.
Lots of family farms around there, but it
continues to be tricky. This was a good year
for wheat.
On local news this morning, third house fire
in three days in Kansas City. New-looking
McMansion burnt to a crisp with no one
injured. No mention as to arson
investigation, and I don't know how they are
doing vis-a-vis foreclosures in KC, but
still...
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