In Baltimore, homes for $10,000 — and less

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In Baltimore, homes for $10,000 — and less

August 23rd, 2011

FAKE NEWS for the Zionist agenda

Jamie Smith Hopkins
The Baltimore Sun
August 22, 2011

Andrew Wells is hoping to buy a Baltimore home for around the cost of an old car: Less than $10,000.

Turns out he’s in good company.

One of every 10 city homes sold during the first half of the year — about 275 in all — fell in that price range. Twice as many sold for under $20,000.

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Often foreclosures, these properties are usually in bad shape but seem like deals to real estate investors and the occasional hopeful owner-occupier — such as Wells.

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5 Responses to “In Baltimore, homes for $10,000 — and less”

Well some say that housing is related to demographics of the area. Jobs must either be scarce or those homes are in bad neighborhoods, along with other factors. Who said that a house should be someone’s biggest investment? Their full of crap.
- The cost of living could be high as well. Florida, California, and Nevada also got hit hard by the housing crash. Into the future I see Nevada having water problems/shortages. I’m sure people in California get taxed to death and theirs to many illegals to compete with for jobs. I’ve looked at realestate in those areas and homes are definitely affordable.
I have acquaintances who buy these houses fixx them up and sell them for 100 grand or so.

But Some nieghbors of mine were fueding and one sold his for $25,000 and than a Section 8 renter bought it and is renting to heroin dealers.

Id like to get out. My house is maybe worth 100 grand. Or maybe I could sell it and I would be lucky to sell it for maybe 50?

So Whos KNows maybe ill be moving to austin Texas if I could get a job.
Why aren’t the filthy rich buying up these properties?…Because even at under 10k, they’re a bad investment. And because they’re more concerned with bunkers and bomb shelters at the moment.
Wouldn’t give ten cents for a home in baltimore.Nor any other city for that matter!