Skip to headerSkip to main contentSkip to footer
Get our Free E-newslettersGet our Free E-newsletters
Kiplinger logoLink to homepage
Get our Free E-newslettersGet our Free E-newsletters
Subscribe to Kiplinger
Subscribe to Kiplinger
Save up to 76%
Subscribe
Subscribe to Kiplinger
  • Store
  • Home
  • Investing
  • Retirement
  • Taxes
  • Personal Finance
  • Your Business
  • Wealth Creation
    • Podcasts
    • Economic Outlooks
    • Tools
    • Kiplinger's Personal Finance Magazine
    • The Kiplinger Letter
    • The Kiplinger Tax Letter
    • Kiplinger's Investing for Income
    • Kiplinger's Retirement Report
    • Store
    • Manage My E-Newsletters
    • My Subscriptions
Skip advert
  • Home
  • real estate
real estate

8 Major Real Estate Markdowns

For many homeowners, the real estate market in the past year has been a nightmare.

by: The Kiplinger Washington Editors
January 1, 2012

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

Skip advert

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

Skip advert
Skip advert
Skip advert

1 of 8

HUNTINGTON, NEW YORK

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

Skip advert
  • 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!

Skip advert
Skip advert
Skip advert

2 of 8

HALLANDALE, FLORIDA

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

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

Map It!

Skip advert
Skip advert
Skip advert

3 of 8

LAKEMOOR, ILLINOIS

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

Skip advert
  • 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!

Skip advert
Skip advert
Skip advert

4 of 8

LAKEVILLE, MINNESOTA

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

Skip advert
  • 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!

Skip advert
Skip advert
Skip advert

5 of 8

SAINT LOUIS, MISSOURI

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

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

Map It!

Skip advert
Skip advert
Skip advert

6 of 8

CHANDLER, ARIZONA

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

Skip advert
  • 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!

Skip advert
Skip advert
Skip advert

7 of 8

HENDERSON, NEVADA

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

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

Map It!

Skip advert
Skip advert
Skip advert

8 of 8

FAIRFIELD, CALIFORNIA

Skip advert
  • 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!

Skip advert
Skip advert
Skip advert
  • buying a home
  • real estate
Share via EmailShare on FacebookShare on TwitterShare on LinkedIn
Skip advert
Skip advert
Skip advert
Skip advert

Recommended

Protecting Your Home from Lawsuits with a Dynasty Trust
real estate

Protecting Your Home from Lawsuits with a Dynasty Trust

An irrevocable dynasty trust can play a valuable role in keeping the valuable equity in your home safe from personal and business-related lawsuits.
July 1, 2022
New Services Offer Help Making All-Cash Offers
Becoming a Homeowner

New Services Offer Help Making All-Cash Offers

Some firms help home buyers make all-cash offers on homes. Weigh the fees before you sign on.
May 25, 2022
12 Cheapest Small Towns in America 2022
real estate

12 Cheapest Small Towns in America 2022

Affordable small towns might not be for everyone, but their charms put them among the best places to live for plenty of folks.
May 25, 2022
The 25 Cheapest U.S. Cities to Live In
places to live

The 25 Cheapest U.S. Cities to Live In

Take a look at our list of American cities with the lowest costs of living. Is one of the cheapest cities in the U.S. right for you?
April 28, 2022

Most Popular

5 Ways to Prepare for a Recession
recession

5 Ways to Prepare for a Recession

The signs seem to be pointing in one direction these days, so if you’re worried about being ready for a recession, consider taking these five measures…
June 28, 2022
Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
In What Order Should You Tap Your Retirement Funds?
retirement planning

In What Order Should You Tap Your Retirement Funds?

Should you go with your IRA first or your brokerage account? Pulling money haphazardly can have negative implications. Instead follow this road map fo…
June 28, 2022
  • Customer Service
  • About Us
  • Advertise With Us (PDF)
  • Privacy Policy
  • Cookie Policy
  • Kiplinger Careers
  • Accessibility
  • Privacy Preferences

Subscribe to Kiplinger's Personal Finance

Be a smarter, better informed investor.
Save up to 76%Subscribe to Kiplinger's Personal Finance
Do Not Sell My Information

Kiplinger is part of Future plc, an international media group and leading digital publisher. Visit our corporate site www.futureplc.com
© Future US LLC, 10th floor, 1100 13th Street NW, Washington, DC 20005. All rights reserved.

Follow us on InstagramFollow us on FacebookFollow us on TwitterConnect on LinkedInConnect on YouTube