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    0 starsRich | Shared With: Everyone - 3 days ago | the, news, real estate, housing
    US Housing Inventory Falls 2.8%: ZipRealty

    There is positive activity in the real estate market. How much of it is is due to the mad rush to claim the first time buyers tax credit (since expanded) and how much of it is real growth is difficult to say.

    Quoted: Listings of single-family homes and condominiums declined an average 2.82% across 27 major US metropolitan markets in October, according to data compiled by Web-based real estate brokerage ZipRealty (ZIPR: 4.07 -0.25%). The 593,794 total homes for sale in the 27 markets in October 2009 are down from 611,026 in September and represent an inventory 28.65% lower than that in October 2008.

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  • Rich
    24 days ago

    Eco friendly homes that have been on the market for years. Very nice looking, close to Green Lake, but pricey at the original price of $725K to $825K.

    The bank has foreclosed on the remaining, unsold units and they are now for sale again, for $399K to $649K. Their cost was high because of their high-level of built-green certification.

    Quoted: Almost all the construction waste was recycled. Some materials from the warehouse that previously occupied the site were reused. Many other construction materials came from local sources. The homes feature formaldehyde-free doors and millwork and on-demand hot water systems. Rain, captured in a 23,000-gallon underground cistern, provides all the water for irrigation. Fixtures and appliances use relatively little energy and water — Pryde Johnson actually prepared an owners' manual telling buyers how to use and maintain them.

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