Vacant Homes Are Half the Single Family Homes on Market in Early 2007
If you are looking to buy and move quickly, this is the best time of your life. The combination of over exuberant builders, homeowners who have moved and can not sell, and foreclosures has created a plethora of empty single family homes on the marketplace.
The number of vacant homes for sale nationally jumped more than 30 percent in the third quarter from a year earlier, to 1.9 million homes, the latest data available from the U.S. Census Bureau show. That’s about half of all single-family homes on the market, said Michael Carliner, vice president of economics for the National Association of Home Builders. More than a third of those – 825,000 – are in the southern region of the United States, which includes Maryland. “The share of vacant for-sale is unusually high, compared to anytime in history, really,” Carliner said. “Over the past few years, total housing production has been beyond what the underlying fundamentals would indicate.” via baltimoresun.com
Homesellers must take this fact into consideration that there are many opportunities out there for buyers to get their hands on. An empty house typically means a desperate (or motivated) seller. If you are going to be moving, get the contract in hand before you plan your move. Otherwise you too may end up paying two mortgages. And that could get expensive in a hurry.
My mom told me to put the statue in the ground, just seems wrong to me but I did it. ...
What about RE/MAX Commercial? Where this classification came from?
I am pretty sure RE/MAX Commercial in volume sales must be above ...
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
Comment by adviser on 24 January 2007:
Grand villa in Bucharest centre can buy them for 1,900,000 euros. Several real estates and properties in Romania to selling. Kontakt-me: EU-Capital@web.de