The median price of a new home in the United States dropped to $217,100 in September, a 9.7 percent decline from September 2005 and the biggest annual fall in more than 35 years, according to the Commerce Department. That median price was the lowest since September 2004, and the annual decline also was sharper than the 2.5 percent drop in the price for existing homes reported in September, the largest annual plunge on record.
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I'm interested in investing in the real estate market in the US and am looking for some really cheap repossession properties in Beverley Hills, Santa Barbara, Denver, Colorado, San Francisco, Fort Lauderdale, Iowa, Hawaii, British Columbia, New Jersey, New Hampshire, New England, Minnesota, Miami, Florida, California, New York, Washington, Dallas, Texas, Chicago and Los Angeles. I've found a couple of really good sites - Bargain network which has some really cheap homes and Texas Ranches for sale - ranches in Texas plus both sites have beachfront villas and cars that have been repossessed and are really cheap!! Just wondering if there are any more sites like this.
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