ECONOMIC COLLAPSE Real Estate Crisis Prices Fall 4 Bedroom For The Cheap Economic Crisis Foreclosure

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Uploaded by on Feb 3, 2011

Economic Collapse or crisis? We found yet another home that is just idling on the market. Seems like people can't even give a home away these days.
Economy dictates home values.
REDUCED LISTING!
Today we found another 4 bedroom 2 1/2 bath 2 car garage home for only $80K - The very same home in 2005 would of sold for the middle to high $200's.

February 3, 2011

When you support your local retailer, You are supporting your local economy. Before you decide to pump your money into corporate giants, Please consider that your local corner mom & pop stores are working hard to make ends meet. They are your neighbors and would like to feed their family as well.. So Instead of contributing to corporate executives Hawaiian Vacations, Shop at your local retail stores. support Your Neighborhood, Your Town and Your Economy.

©arizonapublic
TWITTER: http://twitter.com/ArizonaPublic

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Uploader Comments (ArizonaPublic)

  • Mike how many chinese bird lasers do you think I could buy that house with for barter?

  • @george4titIe - lol, Well I think a shoe box full would be enough :)

    I'm thinking about doing a DEMCAD SHUFFLE for my next video, What do you think?

  • That's a pretty good deal, but I think the price will drop some more. Many people are unemployed, and can't afford any kind of mortgage. Also, even with a job, finacing is very difficult to get right now. So I think prices will continue to fall for another 1-2 years.

  • @dragasoni

    I agree, Prices will keep dropping for at least another 2 years (IMO) and with that said, I am most certain that if you were to write an offer asking that the seller pay closing cost and offer a good $10G under the asking price the seller would accept withing minutes of the offer being faxed.....I bet money on it.

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  • Stay away from any real estate that has HOA restrictions and fees. HOA sharks negatively impose on the freedoms and liberties of the American people.

    HOA (Home Owners Associations) are sink-holes in the real-estate market that should be avoided at all costs. Americans are sick and tired of financial and legal troubles associated with HOA's.

    Run-away HOA fees are nothing but a disaster for the American people on a monthly basis.

  • 1,800 sq ft of setion 8 homes, all over the place.If I needed to move from one of these homes I wouldn't even try to sell it, just mail back the key and turn off the utilities. What a total waste!

  • @Krock45bullet They have jobs in Washington, This has always ALWAYS been a right to work state. No manufacturing jobs no unions Just Old people and hospitals and cemitary's. Got plenty of sunshine and 120 degree wheather with 363 days a year without rain! Matter of fact Tucson got .60 of an inch all year long.

  • Can my Mcdonald's job pay for this stick house, tar paper, stuco job. Another ten year home with a thirty year loan?

  • I lived out there in 2002 in scottsdale another paradise lost greed. I hope them homes drop to $20,000 I wouldn't buy one

  • thta is too expensive for arizona

  • @skyding8962 I doubt that is true prepare the last chance is now

    1Manufacturing is gone unlike the time of the great depression

    2Gas prices will remain high and much higher than it is now

    3The US dollar will buy 30 to 50% less soon

    3)Those that did not prepare or could not prepare will not fair well

    during the great depression 8 million Americans starved to death ,while farmers poured milk into ditches, wheat ,butter into the sea.

    so shocking that most cannot see what is happening

  • @dragasoni yes most people are still not able to understand what is coming it's going to be worse than the worst great depression pics you have ever seen.

  • @maracanazo50 Don't bet on that soon people will be starving to death those that did not prepare will wish they had.

  • @ArizonaPublic actually I'd be looking long and hard at south-west property. all of it. see those winters? they're not leaving.

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