Friday, April 9th, 2010
America's most undervalued cities
Four years after home prices hit their peaks, CNNMoney looks at how 330 metro areas have fared.
Metro area
Median
home price
% undervalued
2010
% undervalued
2006
Las Vegas, Nev.
$129,700
-41.40%
38%
Vero Beach, Fla.
$123,300
-39.80%
54%
Merced, Calif.
$102,300
-37.70%
77%
Cape Coral, Fla.
$118,700
-36.80%
52%
Houma, La.
$116,200
-34.60%
-1%
Port St. Lucie, Fla.
$115,600
-33.30%
72%
Warren, Mich.
$117,500
-32.30%
15%
Vallejo, Calif.
$196,900
-31.90%
53%
Stockton, Calif.
$145,100
-31.80%
72%
Modesto, Calif.
$138,700
-31.80%
67%
Midland, Texas
$133,100
-30.70%
-7%
West Palm Beach, Fla.
$164,400
-30.30%
57%
Lake Charles, La.
$101,600
-29.40%
N.A.
Lafayette, La.
$126,700
-29.40%
3%
Naples, Fla.
$199,900
-29.00%
84%
Killeen, Texas
$106,700
-28.80%
-16%
Houston, Texas
$128,200
-28.80%
-14%
Sarasota, ...
Posted in buyers, Distressed, Foreclosures, Investing, seller's | 9,975 Comments »
Thursday, May 29th, 2008
Depending on your area, many times it is not that hard to find a great real estate deal. In some areas you’ll see 20 to 50 percent as distressed sales. Even with this type of market, there tends to be an elite class of properties that stand out ...
Posted in buyers, Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, Techniques | 9,924 Comments »
Monday, May 12th, 2008
Current real estate markets nationwide have created countless opportunities for buyers looking to purchase real estate priced well under market value. Many buyers have turned to short sales, foreclosures and bank owned (REO) properties hoping to be able to purchase real estate for pennies on the dollar. The ...
Posted in buyers, Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, Techniques | 6,888 Comments »
Monday, May 5th, 2008
New list of Southern California distressed sales. This post will focus more on bank owned properties (REOs).
Orange County
NOD List
NTS List
Banked Owned
Los Angeles
Banked Owned
Riverside
Banked Owned
San Bernardino
Banked Owned
Update List May 19, 2008
Posted in Distressed, Foreclosures, Investing | 9,617 Comments »
Tuesday, April 8th, 2008
Orange County Distressed List - Notice of Default
Orange County NOD List
Orange County Notice of Trustee Sale
Orange County NTS
Los Angeles Distressed List - Notice of Default
Los Angeles NOD
Updated 4-16-2008 New List
Posted in Distressed, Foreclosures, Investing | 8,313 Comments »
Tuesday, February 19th, 2008
A growing trend in today’s market are homeowners that choose to walk away from their mortgage payment, not because they can’t afford the home, but more so because of loss of equity.
This is even more of a reality for those that ended up borrowing 100% for the purchase. Some ...
Posted in Investing, Lending, Lessons | 6,169 Comments »