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June 14, 2008

Foreclosure Bus Tours

 Bus_tours A little over two years ago, when Donald Trump listed Maison de L'Amitié in Palm Beach, Fla., for $125 million, it was a sign of the times. Real estate prices were on the rise, and even though it was $50 million more than the next-highest listing, there was a sense that Trump would get his price. After all, everyone else in America was getting his.

Once again, Maison de L'Amitié points to the state of the housing market. In March, Trump knocked $25 million off the price, the biggest discount ever for a single residence not related to bankruptcy proceedings. But that hasn't pulled other sellers off the $100 million-plus ledge. America's Most Expensive Homes

On the other side of the scale: Welcome to Foreclosure Bus Tours

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June 14, 2008 in Real estate | Permalink

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Comments

Definitely a reflection of the economy as a whole. Not only housing prices drop but the collapse of the credit markets. Eventually we will ride out this problem, but if you have cash now there are some bargains to be had.

the bad credit loans blog

Posted by: Art at Jun 27, 2008 8:31:28 PM

without estate agents the property crisis we are facing would be much worse

Posted by: Emma Haller at Jul 2, 2008 1:25:52 AM

These foreclosure buses seem to be poping-up all over the county.

Posted by: Lease Purchase at Oct 7, 2008 3:07:39 PM

Foreclosures are an unfortunate reality in every community. There are these bus tours available in Tacoma Washington and the surrounding cities with Pierce County Real Estate.

To search foreclosure properties in Tacoma Washington and Pierce County, King County, and Thurston County, visit http://www.treysellshouses.com.

Posted by: Trey Affolter at Nov 12, 2008 10:05:18 PM

The mortgage market without the implementation of a sustainable, long-term plan with the pro-active involvement of the State, it will be hard for demand to grow. The first half of the year will be determined by the actions, the attitude and the plans adopted by the new government and the newly-elected Congress.

Posted by: buenos aires real estaste at Jan 11, 2009 6:42:55 AM