Bank foreclosures are nothing new, but in California things are so bad in some areas that the banks are starting to destroy some homes.  We clearly don’t have this problem in Salem Oregon. Our real estate market, while it has its issues, is far from destroying property.

Here is a YouTube video that shows the homes that they are bulldozing, around 12 in all.  The subdivision had serious problems with vandalism and the homes were being destroyed.  It was actually cheaper to just bulldoze the homes, then try and sell them.

Related posts:

  1. South Salem Oregon-New Construction Subdivisions
  2. A Titan of a Neighborhood in West Salem Oregon: West Meadows Estates
  3. Escape to the Country?
  4. The mighty start to fall
  5. Golf Course Homes in Salem Oregon: Golf Club Estates at Creekside