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 | 10,752 Comments »
Saturday, February 2nd, 2008
Market Conditions - The Good and the Bad
If this is your third visit looking for the next lesson, congratulations! It shows that you are eager to learn; an essential ingredient of all successful real estate investors. If you are new here, go back and read the previous lessons. ...
Posted in Investing, Lessons, Techniques | 10,133 Comments »
Saturday, January 26th, 2008
What You Will Need
In the first lesson of this series, you learned that it really isn't possible for anyone to accurately time any real estate market, including the most experienced professional real estate investor. If you missed the first lesson, you will want to go back to it to ...
Posted in Investing, Lessons, Techniques | 9,509 Comments »
Tuesday, January 22nd, 2008
Beating the Market by Timing Home Buying and Selling
There are 33 American billionaires that made their fortune from real estate. All of them collectively agree that nobody can precisely time any real estate market, not even them. So if these 33 people (whose combined net worth made from ...
Posted in Investing, Lessons, Techniques | 9,660 Comments »