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Silicon Valley Spec House Seeks $42.8 Million

What’s a “Spec House?”

“Build It and They Will Come” Real Estate Development “Silicon Valley Spec House Seeks $42.8 Million.” –Headline, The Wall Street Journal (3/2/16) For the uninitiated, a “spec” or “speculative” house is a home that a developer first builds, then tries to sell. That’s opposed to a home that’s commissioned by/for an existing client, and built...
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