NEW YORK (CNNMoney.com) — The housing bust has made owning a home a lot more affordable — but in some places, prices are extraordinary; you can buy a nice condo for less than the cost of a new family car.
Some cities have dozens of attractive condominium listings selling for $50,000 or $25,000. There are some [...]
NEW YORK (CNNMoney.com) — For deep-pocketed plutocrats purchasing trophy homes, times are good. There is a glut of mega-mansions on the market — at deep discounts.
On Realtor.com alone there are currently 6,610 listings of houses with interiors larger than 10,000 square feet.
“Buyers are not used to having this amount of inventory,” said Russ Filice, an [...]
NEW YORK (Reuters) – The percentage of U.S. home sellers who cut their asking price declined again in February and sellers made slightly smaller reductions in prices, real estate website Zillow.com said on Wednesday. The median list price of homes, however, fell in January, Zillow said in a report, which was obtained by Reuters ahead [...]
WASHINGTON (Reuters) – Contracts for pending sales of previously owned homes unexpectedly fell in January, a survey showed, brought down in part by harsh weather in the U.S. Northeast. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in January, fell 7.6 percent to 90.4 from an upwardly revised [...]
If you’re planning to put your home on the market, it’s not your manners that need polishing. Try your silver, among other improvements. Now, more than ever, getting a signed contract in hand is all about price and quality.
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Despite historically low consumer confidence in the housing market, home sellers still don’t seem to have a handle on what their homes are worth; either that, or home prices are deteriorating faster than expected.
A new survey from real estate website Trulia.com finds that 25.6 percent of homes currently on the market in the United States, [...]
In Detroit, the average price of home sales is less than what you’d pay for a good used car. UCLA economics professor Matthew Kahn points out that you can buy 100 Detroit homes for the price of one house in Westwood in L.A. “Is this a good deal?” Kahn wonders. Maybe if you turn them into an artists’ utopia [...]
