Archive for NY

You are browsing the archives of NY.

66 Places to buy a Home in this Declining Market


According to MSN there are still areas that hold a potential profit if you decide to buy a house and hold it for some time in this market. Below is a table that forecasts out expected equity for homes in different cities (with the assumption that you hold on to it until 2012). Texas, New York and South Carolina seem to be the top winners with the most cities on the list. This is atlease a 4 year investment so don’t expect to flip and run…

How much equity you’d have by 2012 if you bought a low-priced home today…

This is a preview of 66 Places to buy a Home in this Declining Market. Read the full post (566 words, estimated 2:16 mins reading time)

Home prices fall in 100 major metro areas in first half


Home prices fall in 100 major metro areas in the first half of 2008.

Median national home prices down 7.7% in Q1 to $196,300.

Biggest Losers:

  • Sacramento, CA down 29.2%
  • Riverside, CA down 27.7%
  • Lansing,MI down 26.9%

Biggest Gainers:

  • Binghamton, NY up 11.8%
  • Peoria, IL up 10.4%
  • Spartanburg, SC up 10.1%

See the full video from CNBC.

____________________________________________________

If you are interested in contacting any of our Market Specialists for free counseling, email Customer Support or call at 1-800-881-1479

Permanent link to this post (81 words, estimated 19 secs reading time)