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The 5 States With The Most Foreclosures презентация
Содержание
- 1. The 5 States With The Most Foreclosures
- 2. 5.) Illinois The cheapest real estate market
- 3. Illinois 1 in every 811 housing units
- 4. 4.) New Jersey Not only is NJ
- 5. New Jersey 1 in every 739 housing
- 6. 3.) Nevada Nevada was one of the
- 7. Nevada 1 in every 633 housing units
- 8. 2.) Maryland Photo Credit: Alexrk2 Median Home Value: $241,300
- 9. Maryland 1 in every 557 housing units
- 10. 1.) Florida Just like Nevada, Florida was
- 11. Florida 1 in every 372 housing units
- 12. Why look at foreclosures? According to sales
- 13. The Best Investment Advice I’ve Ever Heard
5.) Illinois The cheapest real estate market on the list, Illinois is a great choice for homebuyers on a budget! Median Home Price: $147,800 Photo Credit: Flickr/Mindfrieze
Слайд 25.) Illinois
The cheapest real estate market on the list, Illinois is
a great choice for homebuyers on a budget!
Median Home Price:
$147,800
Photo Credit: Flickr/Mindfrieze
Слайд 3Illinois
1 in every 811 housing units in Illinois received a foreclosure
notice in February
According to Zillow, Illinois’ market is rated a 0.6 out of 10 in terms of overall “healthiness”
It takes almost two years to foreclose on a home in Illinois, so there will be inventory hitting the market for some time now.
When you combine these facts with the average home sitting on the market for more than four months, buyers definitely have the power to seek out some good deals.
According to Zillow, Illinois’ market is rated a 0.6 out of 10 in terms of overall “healthiness”
It takes almost two years to foreclose on a home in Illinois, so there will be inventory hitting the market for some time now.
When you combine these facts with the average home sitting on the market for more than four months, buyers definitely have the power to seek out some good deals.
Слайд 44.) New Jersey
Not only is NJ one of the more expensive
housing markets, but property taxes make home affordability difficult for many people
Median Home Price:
$274,800
Photo Credit: Tim Kiser
Слайд 5New Jersey
1 in every 739 housing units in New Jersey received
a foreclosure notice in February
According to Zillow, New Jersey has a “healthy” real estate market, rated 6.9/10
It takes almost three years to foreclose on a home in New Jersey, so there will be inventory hitting the market for some time now.
Because it takes so long to foreclose, banks wait for as long as they can before pursuing the lengthy and expensive process, which is why we are still seeing lots of activity.
According to Zillow, New Jersey has a “healthy” real estate market, rated 6.9/10
It takes almost three years to foreclose on a home in New Jersey, so there will be inventory hitting the market for some time now.
Because it takes so long to foreclose, banks wait for as long as they can before pursuing the lengthy and expensive process, which is why we are still seeing lots of activity.
Слайд 63.) Nevada
Nevada was one of the hardest-hit states by the mortgage
crisis, with home values still down by more than 44% from the peak
Median Home Value:
$176,200
Слайд 7Nevada
1 in every 633 housing units in Nevada received a foreclosure
notice in February
According to www.realtytrac.com, the vast majority of bank-owned properties in Nevada are priced between $100-200k
The majority of foreclosed homes were built after 1990, which means that homebuyers can get good deals on newer homes in lower price ranges.
According to www.realtytrac.com, the vast majority of bank-owned properties in Nevada are priced between $100-200k
The majority of foreclosed homes were built after 1990, which means that homebuyers can get good deals on newer homes in lower price ranges.
Слайд 9Maryland
1 in every 557 housing units in Maryland received a foreclosure
notice in February
Although Maryland’s median home value is $241,300, the majority of foreclosed homes are in the $100-200k range
The majority of foreclosed homes were built before 1959, so prospective buyers need to take the additional maintenance requirements of older homes into consideration.
Although Maryland’s median home value is $241,300, the majority of foreclosed homes are in the $100-200k range
The majority of foreclosed homes were built before 1959, so prospective buyers need to take the additional maintenance requirements of older homes into consideration.
Слайд 101.) Florida
Just like Nevada, Florida was especially affected by the mortgage
crisis.
Median Home Price:
$154,400
p
PPPhoto Credit: flickr/anoldent
Слайд 11Florida
1 in every 372 housing units in Florida received a foreclosure
notice in February
To put this in perspective, if this trend continued every month, this means that 3.2% of Florida’s homes will go into foreclosure each year!
Some parts of Florida have much higher foreclosure rates. For example, in Flagler county, 1 in 187 homes entered foreclosure in February alone.
To put this in perspective, if this trend continued every month, this means that 3.2% of Florida’s homes will go into foreclosure each year!
Some parts of Florida have much higher foreclosure rates. For example, in Flagler county, 1 in 187 homes entered foreclosure in February alone.
Слайд 12Why look at foreclosures?
According to sales data, foreclosed homes sell for
about 28% less than traditional sales
Photo: Jeff Turner
