markets: How Low Will Real Estate Go?
- 04/22/09 02:48 AM
These places in America have fast-falling home prices that have yet to hit bottom. Two weeks ago, Joyti Goundar, an agent at Redfin, a residential real estate brokerage, entered a bid of $420,000 for a three-bedroom, 1,625-square-foot La Crescenta home outside of L.A., listed at $299,000. When she lost the bid, she wasn't surprised. In July of 2008, Goundar bid $559,000 for a two-bedroom Arcadia house, also outside L.A., listed by Wells Fargo for $459,900. That one received 105 bids, driving the price up to $628,000, according to Los Angeles County records. "Sellers want to generate a bidding war, and it's … (1 comments)
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Commercial Investment Real Estate, Ohio, Summit County, Cuyahoga County, Apartments For Sale, Multi-Family, Retail
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These places in America have fast-falling home prices that have yet to hit bottom.
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