{"id":2493,"date":"2012-04-04T11:59:04","date_gmt":"2012-04-04T11:59:04","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=2493"},"modified":"2012-04-04T11:59:04","modified_gmt":"2012-04-04T11:59:04","slug":"new-meaning-to-rock-bottom-prices","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/new-meaning-to-rock-bottom-prices\/","title":{"rendered":"New Meaning to \u2018Rock-Bottom\u2019 Prices"},"content":{"rendered":"

New Meaning to \u2018Rock-Bottom\u2019 Prices.<\/h2>\n

 <\/p>\n

\"New<\/a>

New Meaning to \u2018Rock-Bottom\u2019 Prices<\/p><\/div>\n

Despite steady improvements in the housing market recently, ultra-low priced properties can still be found in many markets, and thousands of homes nationwide have properties for-sale at $10,000 or even less, MSNBC.com reports.<\/p>\n

Prices are so low on some properties that even a 14-year-old girl \u2014 with the help of her mother \u2014 was recently able to purchase a home as a rental property in Florida, all-cash, for $12,000, NPR reports.<\/p>\n

Ben Yonge, president of an investment brokerage, Equity First Realty, calls the home prices he\u2019s finding in Orlando “absolutely ridiculous.”<\/p>\n

\u201cThere are $19,000 condos in the heart of Orlando,\u201d Yonge told MSNBC.com. Yonge recently purchased a four-unit apartment building in Orlando, which once fetched $120,000, for $25,000.<\/p>\n

A rise in $10,000 or below properties has risen the most in the past year in Fresno, Calif.; Wichita, Kan.; Greensboro, N.C.; and Los Angeles.<\/p>\n

But these ultra deals are starting to fade away in more cities. The number of listings in the $15,000 and under price range in February saw a decline in the last year in several markets, including Atlanta, Chicago, and even Detroit (where the median price for an existing single-family home sold last year was $54,000), according to Realtor.com data.<\/p>\n

Source: \u201cBust Leaves Market Littered with Homes Under $10,000,\u201d MSNBC.com (April 2, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

New Meaning to \u2018Rock-Bottom\u2019 Prices.   Despite steady improvements in the housing market recently, ultra-low priced properties can still be found in many markets, and thousands of homes nationwide have properties for-sale at $10,000 or even less, MSNBC.com reports. Prices are so low on some properties that even a 14-year-old girl \u2014 with the help … <\/p>\n

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