Last year was an unusual one for the housing market in a lot of ways, but perhaps the oddest numbers came out of the new-home market (via the Market Watch blog):
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The online real estate market Zillow.com recently compiled its list of the markets that showed the biggest drops in the prices of homes for sale from coast to coast, and they are concentrated in four states.
Perhaps coincidentally, the Interstate 75 corridor cuts through all but two of the cities, as it runs from Florida through Georgia and north to Michigan.
The lowest average listing price on the list was in Lansing, Mich., at $56,600, followed by Macon, Ga., at $57,000. Bakersfield, Calif., had the highest price at $130,300, followed by Gainesville, Ga., $124,500.
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A student from the December Armando Montelongo VIP Bus Tour says the experience was “more than he bargained for” and was a life-changing experience:
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One of the oldest students at the December 2011 Armando Montelongo VIP Bus Tour says the experience was perhaps the best of his life, and he sees great potential for the future:
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Here’s our final infographic of the year, with data courtesy of the blog team at Trulia.com. It’s a look at the most-searched places for houses, from one end of the country to another.
As might be expected, there’s a huge diversity in the numbers, from the million-dollar-plus listings of New York City all the way to the median sales price of $88,900 in Phoenix.
Enjoy, and be sure to check back next year for more infographics, videos and more from the social media team at the Armando Montelongo Companies.
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