Housing Market Littered With Homes Under $10K - Spokane, North Idaho News & Weather KHQ.com

Housing Market Littered With Homes Under $10K

MSNBC.COM - Ben Yonge stole away from a business conference last month to make a killing in real estate. As his colleagues broke for lunch, the Orlando broker closed on a nearby four-unit apartment building that in better times had fetched $120,000.

The price Yonge paid: $25,000.
 
The nation's housing market is showing some signs of life, but the bust has left a glut of ultra-low-priced properties on the market – including thousands of homes nationwide priced at $10,000 or less. In 10 of the largest metro markets, there were at least 100 homes listed at $10,000 or below, including Atlanta (234), Baltimore (207) and Chicago (165), according to research conducted by Realtor.com for msnbc.com. click here to read more

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