Half-Price Houses: Available All Over the Country
From December 2011 to January 2012, the most recent data available, home sales increased by four percent. That could be because of two key factors: home prices are down and interest rates are down.
In fact, it's easy to see why more people might not only be dipping a toe in the water, but jumping in with both feet!
Right now, there are homes for sale at half the price they went for during the real estate bubble. They're available at all price points, all across the country.
Here are three examples featured today on " Good Morning America":
San Diego, Calif. area
Listed for $495,000
Last sold for $990,000.
http://www.zillow.com/homedetails/16575999_zpid/
Hawaii
Listed for $249,000
Last sold for $510,000
http://www.zillow.com/homedetails/534-Kaikoo-Pl-Wailuku-HI-96793/745518_zpid
Anoka, Minn.
Listed for $109,900
Last sold for $239,000
http://www.zillow.com/homedetails/206-Fremont-St-Anoka-MN-55303/1500243_zpid/
Here are more examples of houses for sale at about 50 percent of what they cost during the real estate bubble years.
Atlantic City, NJ
Listed for $145,000
Last sold for $235,000
http://www.zillow.com/homedetails/301-Zion-Rd-Egg-Harbor-Township-NJ-08234/37797513_zpid/
Auburn, Ga.
Listed for $164,900
Last sold for $275,000,
http://www.zillow.com/homedetails/759-Key-Largo-Ct-0-Auburn-GA-30011/2121760276_zpid/
Cape Cod, Mass.
Listed for $149,000
Last sold for $240,0000
http://www.zillow.com/homedetails/102-Lincoln-Rd-Hyannis-MA-02601/55845801_zpid/
Carbondale, Colo.
Listed for $450,000
Last sold for $989,200
http://www.zillow.com/homedetails/155-Juniper-Trl-Carbondale-CO-81623/82404082_zpid/
Charleston, South Carolina
Listed for $149,900
Last sold for $275,000
http://www.zillow.com/homedetails/1025-Riverland-Woods-Pl-APT-102-Charleston-SC-29412/68393568_zpid/
Meridian, Idaho
Listed for $130,000
Last sold for $200,000
http://www.zillow.com/homedetails/1934-W-Whitestone-Ct-Meridian-ID-83646/79698494_zpid/
Oak Island, North Carolina
Listed for $449,000
Last sold for $955,000
http://www.zillow.com/homedetails/3316-W-Beach-Dr-Oak-Island-NC-28465/78236117_zpid/
Vancouver, Wash.
Listed for $125,000
Last sold for 235,396
http://www.zillow.com/homedetails/5615-NE-75th-Ave-Vancouver-WA-98662/70582733_zpid/
Washington, D.C. area
Listed for $245,000
Last sold for $525,000
http://www.zillow.com/homedetails/37042-Charles-Town-Pike-Purcellville-VA-20132/12422999_zpid/