Wednesday, August 31, 2005

Californians eyeing local real estate

Californians eyeing local real estate: "Some people may consider California to be the land of dreams, but Californians see Texas real estate as their dream come true. And the Waco area has not gone unnoticed.
David Groce has built 82 duplexes in Robinson and China Spring since 2003, and he estimates that 20 percent have been bought by investors from California and Chicago.
They are always very impressed with the super value they're getting for the dollar, Groce, general manager of 3 Kings Construction, said of the California buyers who snap up the duplexes for about $189,000 each. "
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