BloodhoudRealty.com is your ideal Realtor in the Phoenix / Scottsdale area, whether you're buying, selling, relocating or investing in a home.
BloodhoudRealty.com is devoted, dedicated and determined in serving your home buying, selling or investing needs in the Phoenix / Scottsdale area.
Find your perfect home in the Phoenix / Scottsdale area with The Bloohound Realty Group! Find the perfect neighborhood in the Phoenix / Scottsdale area with The Bloohound Realty Group! Homes in the Phoenix / Scottdale area served by BloodhoudRealty.com feature dramatic floorplans. To complete the experience of owning an Arizona home, BloodhoudRealty.com can help you find a great house in the Phoenix / Scottsdale area with a great pool like ths one!

Saturday, November 19, 2005


In my little town...

Business Week, asking where are the affordable homes?:
The cheapest metro area in the Realtors' report was Danville, Ill., where the median price in the third quarter was $72,800 -- a level that's scarcely imaginable to people house-hunting in, say, San Diego, Miami, or Boston.
I grew up in Danville, IL. It's a grimy little industrial town in the middle of the corn belt. We're buying there, not because I think it's a good investment but because I want to be able to provide for my mother, who won't leave the place. You can buy a decent rental house for $40,000-$50,000 that will throw off cash with nothing down. The market is about one-third rentals, so the tenant pool is no problem. The only trouble is that appreciation is negligible in the good years, negative in the bad.

Rain, snow, grime and cheap houses. Funny how they go together...

posted by Greg Swann | 8:12 AM  

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home


Selling | Buying | Investing | Relocation | Current listings | About us
Find your ideal new home | Get a Market Analysis of your home
Search MLS listings | Make an appointment | Our offices
Tell your friends about us | Email Bloodhound | Home

BloodhoudRealty.com is a member of the Arizona Association of Realtors and the Arizona Regional Multiple Listing Service -- the MLS in the Phoenix / Scottsdale area.    BloodhoudRealty.com is a member of the National Association of Realtors, the ethical standards-setting body of the real estate industry.    BloodhoudRealty.com is an Equal Housing Realtor. We have had supplemtal classes in Fair Housing issues and have earned the At Home With Diversity designation.

Voted
Real Estate
real estate
Excellence
Award

BloodhoundRealty.com, LLC | Designated Broker: Greg Swann
Webmaster: Greg Swann | © 2005 BloodhoundRealty.com


RSS Feed


Powered by Blogger