More and More consumers are turning to the internet to start their home search.
With home prices more affordable than they've been in many years, there are some real bargains.
Investors who are less interested in the aesthetics than the bottom line can try InvestorLoft.com's new PropScout to find lucrative options.
The tool offers several search filters, which go much deeper than just location and price. For example, Estimated Equity finds homes with big differences between listing price estimated value. Cash Flow ranks homes by the profits they produce. Cap Rate ranks by the percentage of profit on investment.
• Investors snapping up properties in Detroit
• Latest median home price in your city
• Foreclosures: How bad is your state?
if you have an iPhone, you can get the information on the spot.
Zillow.com released a free iPhone app last month, enabling consumers to get the low-down on more than 88 million homes - and not just the ones for sale.
The app is GPS-powered so the map follows you as you stroll, with price estimates popping up along the way. Pass a sale sign and you can access pricing, number of bedroom and baths, square footage and other info.
This spring Trulia.com launched a nationwide filter that enables consumers to search 3.2 million listings for price reductions. Enter a town or zip code, and reduced-price homes will come up.
Details include the number of times the price has dropped, the dates, by how much and the percentage of the reduction.
www.Realtor.com
is a great website to get all listings directly from the MLS
you can also do this on my website.
Thursday, January 1, 2009
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