Real Estate Investing

Great Time to Buy? It *Really* Is

CNN.com has a feature story in its business section featuring great buys in Detroit.  I agree that for the square footage, the prices are good, but I thought to look at my own MLS and see what’s available for under $100,000.  This really is a great time to buy!

This little house has just under 1200 square feet, 3 bedrooms, 1 bath, hardwood floors, 4 fireplaces, and is listed at $64,900.

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This 3 bedroom, 1 bath house has a little more than 1000 square feet.  It’s really cute inside with newly shined hardwood floors and very close to the university my daughter is attending this Fall. For $77,900, maybe I should consider an investment property.

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This next all-brick home is a steal at $79,900.  Also 3 bedrooms and 1 bath, the sellers are leaving the stove, refrigerator, washer and dryer.  Sorry, no dishwasher.

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This home is adorable! (I sound like one of those gushing ads who always say “Dollhouse!” don’t I?)  Located on a HALF acre, and featuring 1103 square feet, 3 bedrooms, 1.5 baths… it’s only $84,000.  Beautiful!

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The next house is a HUD home.  It definitely needs work on the inside (new carpet, new paint, new bathroom, mold remediation), but for $87,200 and over 1500 square feet, it’s still a great buy.

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For the record, none of these homes are my listings.  Also for the record, 125 homes in total came up just in my county outside of Nashville. Amazing!

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2 Responses to “Great Time to Buy? It *Really* Is”

  1. Amazed at Today’s Affordability « Middle Tennessee Real Estate Says:

    […] You can see five homes for yourself that are well under $100,000 and gorgeous!  That’s my favorite over there on the right. […]

  2. Multiple Choices for Multiple Offers - Real Estate Investing Says:

    […] now willing and able to buy and when they find a good house at a great price, they pounce.  (And as we saw earlier this week, there are plenty of great houses at great […]

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