Right now there is alot more activity in Lucera then I have seen for awhile. There are 6 actives and 6 pendings. Not bad. I think eventually we could see 200k for a 2/2 in Lucera but not this year. Maybe with a big interest rate hike or alot of unemployment or some of each. Perhaps in 09.
7190 referenced above is not a NOD yet and is listed at 274-294k.
The following Lucera activity is on the MLS
7190 unit 6112 active at 199k 1/1
7180 unit 5209 active at 289k 2/2
7190 unit 6203 active at 274-294k 2/2
7190 unit 6310 active at 304k 2/2
7160 unit 4213 active at 399k 2/2
7160 unit 4209 active at 399-409k 2/2
7130 unit 1302 pending at 200k 1/1
7130 unit 1106 pending at 220-235k 1/1
7130 unit 1114 pending at 230-260k 2/2
7180 unit 5104 pending at 279k 2/2
7120 unit 2213 pending at 290k 2/2
7180 unit 5312 pending at 300k 2/2
It will not be long before these homes reach the 50% point of what they sold for when the conversion happened.
