Why in the world is real estate so expensive, and what websites list cheap real estate( if there is such a thing).
2007-09-17 14:00:27 · 7 answers · asked by Mike M. 7 in Business & Finance ➔ Renting & Real Estate
http://www.realtor.com has just about every MLS listing out there, across the country.
Put in your desired location (city, state, whatever) and your ideal price range - and see what pops up.
Good luck and best wishes.
2007-09-17 14:06:47 · answer #1 · answered by venicefloridarealtor 4 · 0⤊ 0⤋
why everything is so expensive doesnt help you find a home , but if you will put an ad in any local paper or real estate book that you are interested in buying someone's house before they get foreclosed on, you will get some interesting results and may find a great deal. lots of people need to bail out of some huge interest increases they cant afford. interest is still fairly low so you can purchase and finance their house , make you a good deal on the price while saving them from being foreclosed on.
2007-09-17 21:32:20 · answer #2 · answered by mulesmile 1 · 0⤊ 0⤋
I second the realtor.com website recommendation, very useful, and it has new search features as well which makes it fun to use.
Reason why real estate is so expensive is because the past combination of cheap money (low interest rates), easy to qualify for loan programs (sub-prime, stated income, etc.), and market confidence that led people to buy homes without really thinking about down the road, "Buy now, worry later" mindset.
2007-09-17 21:10:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You can find "good" buys in Real Estate everywhere in a buyers Market. The best thing is to find a local Realtor who is able and willing to go bargain hunting with you and for you. He/she can find you the best buy for your budget and your Real Estate Needs.
2007-09-17 22:14:34 · answer #4 · answered by Monika Wilson 4 · 0⤊ 0⤋
if you want to find cheap real estate look into lenders websites like countrywide also HUD for forclosures and contact real estate offices for there forclosure pipelines. go onsomething like craigslists they average 20-50 below market price due to the fact they dont have to pay commission
2007-09-17 21:16:10 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Try depressed areas - Detroit, some areas of the midwest, that sort of thing.
RE is expensive due to supply and demand.
2007-09-17 21:27:15 · answer #6 · answered by godged 7 · 0⤊ 0⤋
Ok try this one...http://www.islandsproperties.com/properties/houseandlots/benguet-bag-rh-6031/pics.htm
But I dont think you would be like it......
2007-09-17 21:34:52 · answer #7 · answered by Jay & Gigi 6 · 0⤊ 0⤋