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Old 09-18-2010, 11:04 PM
 
292 posts, read 543,929 times
Reputation: 240

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Orlando home prices hit 12-year low - Orlando Sentinel
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Old 09-19-2010, 08:31 AM
 
12,017 posts, read 14,323,903 times
Reputation: 5981
Quote:
Originally Posted by flguy1192 View Post
The real question is --- when will they stop dropping?
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Old 09-19-2010, 10:20 AM
 
Location: Asheville, NC
12,626 posts, read 32,065,841 times
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Quote:
Originally Posted by flguy1192 View Post
I guess that's good news if you're looking to buy. I thought about buying a home for an investment. I'm finding decent homes for $30-$40K.
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Old 09-19-2010, 02:20 PM
 
Location: Las Vegas, NV
5,779 posts, read 14,577,035 times
Reputation: 4024
Quote:
Originally Posted by flguy1192 View Post
Great news for buyers if your bank is actually willing to lend money. (gotta have that 30% down payment, and a credit score in the 800s of course) Bad news for homeowners, especially ones who bought from 2004-2007

I remember my father had a chance to have a home built in Orlando for $96,000 about 12 years ago, he never took it sadly.
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Old 09-20-2010, 09:16 AM
 
13 posts, read 24,145 times
Reputation: 10
Quote:
Originally Posted by beckycat View Post
I guess that's good news if you're looking to buy. I thought about buying a home for an investment. I'm finding decent homes for $30-$40K.

where are you finding these?!?! im looking to move down there and would rather get a house than an apt!!
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Old 09-20-2010, 10:40 AM
 
Location: Asheville, NC
12,626 posts, read 32,065,841 times
Reputation: 5420
Quote:
Originally Posted by crystal82 View Post
where are you finding these?!?! im looking to move down there and would rather get a house than an apt!!
It's a secret! LOL Just watch realtor.com for them to pop up. You need to be ready to go when they appear. I'd definately rather have a house too if I were you. Do you already have the funding if something comes up?

The homes are smaller, but most likely bigger than an apt and it's your own place that you're putting money into.

Also, check HUD listings. http://hud1.towerauction.net/FL.htm
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Old 09-20-2010, 06:20 PM
 
Location: Virginia Beach
135 posts, read 390,695 times
Reputation: 56
Wow I should probably move back!
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Old 09-20-2010, 06:41 PM
 
Location: Asheville, NC
12,626 posts, read 32,065,841 times
Reputation: 5420
Quote:
Originally Posted by Boxter01 View Post
Wow I should probably move back!
Don't you like Virginia Beach? It's nice there. If you decide to move back, the deals are there.
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Old 09-20-2010, 07:07 PM
 
13 posts, read 24,145 times
Reputation: 10
Quote:
Originally Posted by beckycat View Post
It's a secret! LOL Just watch realtor.com for them to pop up. You need to be ready to go when they appear. I'd definately rather have a house too if I were you. Do you already have the funding if something comes up?

The homes are smaller, but most likely bigger than an apt and it's your own place that you're putting money into.

Also, check HUD listings. NHMSI
Lol!! I figured it was a secret!!

Im ready to go now with out a house or anything haha!! Maryland SUCKS!! Yes me and my boyfriend have money saved, just waiting for the right time and opportunity!!
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Old 09-20-2010, 07:07 PM
 
Location: Virginia Beach
135 posts, read 390,695 times
Reputation: 56
Quote:
Originally Posted by beckycat View Post
Don't you like Virginia Beach? It's nice there. If you decide to move back, the deals are there.

Its nice. The weather is pretty good and theres usually lots of things to do festival wise but I miss Orlando. This area here cannot beat Orlando for entertainment. nightlife, etc.
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