Saturday, November 17, 2007

The modern Ghost town.

Don't be alarmed. This isn't going to be a real estate blog. I'll be getting back into technology and robots soon. Real estate is just a dominating thing in my life at the moment.

Anyway.. before the drama with the house - Mr. S. and I had planned to drive to a Restoration Hardware warehouse sale. If you've ever seen the stuff in the catalog, you know that stuff is off the chart expensive. Since they were offering steep discounts, we thought we'd at least go and see what they had to offer.

Oddly, last week I'd gotten into a conversation with a gentleman about a town that was on the way to the warehouse sale. Everyone seems to know about this town because it is getting hit really hard by the mortgage meltdown. It is rumored to be 46% in foreclosure. How can that be possible you ask?

Because, they started building houses out there, and essentially created a new town. I don't think anything existed there more than 3 years ago. The rumor goes...neighbors don't even know who lives there anymore. People pack up in the middle of the night, and just leave.

Personally.. I was very curious to see what something like that looked like, and since it was on the way to the warehouse sale - Mr S. and I drove through.

It honestly was the craziest thing I'd ever seen.

I thought it was just a development of about 500 houses. It's not! There must be like 3000 houses out there. They created at least two schools for the town. It has its own parks. It really is a town. In the middle of nowhere! You have to drive 10 miles to even shop. And these houses are freaking McMansions. I'd estimate about 3000 to 4000 square feet. On postage stamp sized lots. With for sale signs on every block.



I don't even know what will happen to the town. But it is the weirdest thing ever.

3 comments:

Anonymous said...

Where is this? You can't leave this a mystery!

Anonymous said...

Mountain house near Tracy?

she said: said...

Wow! Look at you.

If you ever post back - I'm curious how you figured that out.