Stockton CA Real Estate

‘Dirt’ again in demand as housing recovers

MINNEAPOLIS – A few months ago, Michael N. Felix’s phone started ringing again after four years of silence. Felix is a land broker whose business dried up when the housing market crashed.

Tim Gruber The New York Times
Movers carry furniture into a newly built home in Otsego, Minn. The recovering housing market has sent land-hungry builders to suburbs like Otsego, located 30 miles from downtown Minneapolis, where new developments are bordered by cornfields.

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