Slide Show | June 2009

8 Major Real Estate Markdowns

For many homeowners, the real estate market in the past year has been a nightmare. Foreclosures in the first quarter of 2009 jumped 23% from last year, and home values have plummeted nationwide.
But the battered housing market has been a blessing in disguise for home buyers, making eye-popping homes affordable to people who previously couldn’t afford them. Check out these eight homes marked down significantly from their previous sale prices.
By Louis Jones

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

8 Major Real Estate Markdowns

Slide Show

8 Major Real Estate Markdowns

HUNTINGTON, NEW YORK

Dan Bundy, Re/Max Center, www.danbundy.com

Type of home: single-family
Current price: $289,900
Last sold for: $346,914
Bedrooms: 4
Bathrooms: 2.5
Square footage: 2,620

Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

HUNTINGTON, NEW YORK

Slide Show

8 Major Real Estate Markdowns

HALLANDALE, FLORIDA

Anthony Askowitz, Re/Max Advance Realty, www.askaskowitz.com

Type of home: condo
Current price: $785,000
Last sold for: $1,002,800
Bedrooms: 3
Bathrooms: 3
Square footage: 2,078

Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

HALLANDALE, FLORIDA

Slide Show

8 Major Real Estate Markdowns

LAKEMOOR, ILLINOIS

Dan Bundy, Re/Max Center, www.danbundy.com

Type of home: single-family
Current price: $289,900
Last sold for: $346,914
Bedrooms: 4
Bathrooms: 2.5
Square footage: 2,620

Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

LAKEMOOR, ILLINOIS

Slide Show

8 Major Real Estate Markdowns

LAKEVILLE, MINNESOTA

MN REO Properties, Inc., www.mnreo.com

Type of home: single-family
Current price: $335,500
Last sold for: $473,989
Bedrooms: 4
Bathrooms: 3.5
Square footage: 3,311

Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

LAKEVILLE, MINNESOTA

Slide Show

8 Major Real Estate Markdowns

SAINT LOUIS, MISSOURI

Kathy Bresnahan, Sandy Bender Real Estate, www.sandybender.com

Type of home: condo
Current price: $180,000
Last sold for: $80,000
Bedrooms: 2
Bathrooms: 1
Square footage: 719


Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

SAINT LOUIS, MISSOURI

Slide Show

8 Major Real Estate Markdowns

CHANDLER, ARIZONA

Beth Jo Zeitzer, ROI Properties, www.roipropertiesaz.com

Type of home: single-family
Current price: $699,900
Last sold for: $1,900,000
Bedrooms: 6
Bathrooms: 5.5
Square footage: 6,751


Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

CHANDLER, ARIZONA

Slide Show

8 Major Real Estate Markdowns

HENDERSON, NEVADA

Robert Little, Re/Max, www.totalvegasrealestate.com

Type of home: single-family
Current price: $209,000
Last sold for: $439,655
Bedrooms: 2
Bathrooms: 2
Square footage: 1,360


Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

HENDERSON, NEVADA

Slide Show

8 Major Real Estate Markdowns

FAIRFIELD, CALIFORNIA

Karin Carr, Re/Max Gold Elite, www.solanobankownedhomes.com

Type of home: single-family
Current price: $654,900
Last sold for: $1,071,200
Bedrooms: 3
Bathrooms: 2.5
Square footage: 3,499


Map It!

•  
• 1
• 2
• 3
• 4
• 5
• 6
• 7
• 8
• 9
•  

FAIRFIELD, CALIFORNIA

Skip This Ad »