Topic: Coldwell Banker Real Estate Corporation
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The 90210 crowd are abandoning their underwater mansions in increasing numbers. Is this a bad sign for the rest of the country?
Existing home sales dipped below an annual rate of 5 million in May. Not counting condos and coops, single-family home sales stand at 4.2 million a year, which, if it held for all of 2011, would be lower than the worst of the slump in 2008. But home prices vary dramatically, depending upon where you live in the United States: the average listing for a typical four-bedroom, two bathroom house in the most expensive real-estate market is more than 40 times the average listing in the least expensive city, according to a recent survey of more than 2,300 markets by Coldwell Banker Real Estate. Here are the Top 5 most and least expensive cities. Is yours on the list?
06/21/2011 03:04 pm
Tumbling prices raise concerns about getting into the real estate market now. Here's how to judge if you are ready to buy.
05/12/2008 01:00 am