Friday, May 27, 2011

Really? Distressed homes selling at 27 ... - Lansner on Real Estate

Really? Distressed homes selling at 27% discount

May 26th, 2011, 6:30 pm ? 1 Comment ? posted by Jeff Collins

really

Real estate news and views from around the globe that make you go, ?Really??

  • ONE-FOURTH OFF: U.S. homes in the process of foreclosure sold at an average discount of 27% in the first quarter, according to RealtyTrac. (Bloomberg) MORE HERE!
  • STAR HOMES: A number of homes belonging to iconic stars from Hollywood?s Golden Age are on the market or sold recently. (Zillow) MORE HERE!
  • DROP BY FOR DINNER: A San Francisco condo has a door eight feet above the dining room floor. It?s a mystery why. (San Francisco Curbed) MORE HERE!
  • POST-RAPTURE REAL ESTATE: What would a sudden population drop do to real estate prices? The recent prediction that the apocalypse was nigh prompted many to ponder that issue. (Daily Finance and OCRegister.com) MORE HERE and HERE!
  • PALIN?S NEW CRIB? Sarah Palin allegedly purchased a house in Scottsdale, Ariz., over the weekend for just shy of $1.7 million. Could this be the new base of operations for her next big political move? (AOL REAL ESTATE) MORE HERE!

Source: http://lansner.ocregister.com/2011/05/26/really-distressed-homes-selling-at-27-discount/111321/

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