Most condos under and @ $50,000 are out in who knows where, nowheresville, but the latest steals coming out of Florida are pretty, prettay close to paradise I think, check it out:
http://money.cnn.com/galleries/2010/real_estate/1007/gallery.condos_for_less_than_cars/index.html
Cheapest Property in Best Locations Across USA, foreclosure etc. hotspots
Saturday, August 28, 2010
Friday, August 27, 2010
Bloomberg Businees week has just put out a list of currently cheapest housing:
"The foreclosure crisis has trampled down prices from Tampa to Riverside, Calif. And low interest rates and government incentives such as the $8,000 first-time homebuyer federal tax credit, which expires this year, are attracting new buyers previously priced out of the market. The American dream is getting more affordable. In Tampa, for example, owning was 15% more expensive than renting in the second quarter. But it was 46% more expensive than renting a year earlier."
Heres's the top ten:
For full article go to: http://images.businessweek.com/ss/09/08/0820_rent_buy/12.htm?campaign_id=msn
"The foreclosure crisis has trampled down prices from Tampa to Riverside, Calif. And low interest rates and government incentives such as the $8,000 first-time homebuyer federal tax credit, which expires this year, are attracting new buyers previously priced out of the market. The American dream is getting more affordable. In Tampa, for example, owning was 15% more expensive than renting in the second quarter. But it was 46% more expensive than renting a year earlier."
Heres's the top ten:
For full article go to: http://images.businessweek.com/ss/09/08/0820_rent_buy/12.htm?campaign_id=msn
More Steals in Florida
If your family loves beach living, you can own beach cottages or a breezy beach bungalow along the territories of Miami, Pompano and Fort Lauderdale. These places have allured so many tourists and vacationers especially on a summer to enjoy the powder-white sands and beaches of these cities. These are perfect locations to own vacation retreat homes or for generating income especially when it’s the peak season of these localities’ tourism. The foreclosed properties here may range from an average rate of $107-$182 per square foot, and more than double in the areas of Pompano where $672 is the average rate per square foot.
http://www.foreclosuredataonline.com/homes/FL/
http://www.foreclosuredataonline.com/homes/FL/
Cheap South Florida Real Estate
More than 100,000 properties -- an average of 2,300 per month -- have been repossessed in the three big South Florida counties since the real estate crash began in 2007, according to a new report from CondoVultures.com, a real estate consultancy.
Lenders surpassed the 100,000 threshold Thursday, when 317 properties were repossessed in Miami-Dade, Broward and Palm Beach counties, the report said.
``To get a grasp of South Florida's real estate crash, consider that lenders have repossessed an average of 75 properties per day since January 2007, which is a span of more than 1,300 days,'' said Peter Zalewski, a principal with the Bal Harbour-based Condo Vultures.
Lenders surpassed the 100,000 threshold Thursday, when 317 properties were repossessed in Miami-Dade, Broward and Palm Beach counties, the report said.
``To get a grasp of South Florida's real estate crash, consider that lenders have repossessed an average of 75 properties per day since January 2007, which is a span of more than 1,300 days,'' said Peter Zalewski, a principal with the Bal Harbour-based Condo Vultures.
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