Orlando Homeowners Desperate To Sell Their Homes

February 12, 2009
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It seems that residents are getting away from the United States’ skiing and snowboarding capital, Colorado as fast as they can. If not for anything else these homeowners are probably just in a hurry to get rid of the burden of paying housing mortgages that run so high these days.

One in three homeowners in Colorado is reportedly taking even a losing price just to sell their houses whose market prices have plunged 20 percent year-over-year. Take note of this Orlando house bought at $329,000 in 2006 but is now listed for sale on Zillow at a very low price. The homeowner is losing $40,000 in offering it at $289,000 only.

Another instance…

Crisis forces people to stay home permanently

December 22, 2008
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The deteriorating economic condition has forced Americans to stay and own their homes permanently. Less people are moving out with the movement of only 38.6 million people noted between 2006 and 2007. This is even lower than the moving rate between 1982 and 1983 which is also a year of economic slowdown.

This is starting to worry real estate brokers who are faced with lesser clients to get commissions from. Add to this the surge in the number of people seeking work as real estate agents and you get zilch!

House swapping anyone?

December 22, 2008
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Selling your house is not the only option available to homeowners these days, home swapping is!

A mansion owner in North Carolina has advertised with Craig’s List for a permanent swap of their 7,200-sqyare foot, seven-bedroom waterfront house in Charlotte, North Carolina in exchange for a beach home in Orange County with at least four bedrooms and a pool-sized yard.

The house up for swap in Lake Norman boasts of a deepwater dock, a pier and jet ski slip all within a refreshing sandy beach. However, the owner is also willing to sell or lease the house.

This advertisement may just start a home-swapping craze considering how difficult it is to sell real…