Example: Zoslocki said Patterson forces developers to pay more than $96,000 in fees per home, plus extra costs if it is built inside a community facilities district.
He said fees per home are $57,659 in Modesto and $53,741 in Oakdale, and both cities charge more for homes in community facilities districts.
(Hmmm, If Arizona cities increased the fees builders have to pay, builders would have to raise their prices and that would strengthen the prices of resale homes in those outlying areas. Its so crazy, it might just work.)
{ 3 comments… read them below or add one }
Cbass 06.24.07 at 10:17 pm
Or people would not buy because the prices are still to high that the wages in that region do not support them? You can’t get blood from a turnip.
John L. Wake - Realtor 06.25.07 at 12:09 am
Or the builders could get control of their compulsion to over-build, allowing the supply to get in line with demand more quickly.
Cbass 06.25.07 at 5:11 am
You seem angry latley John.