NYT reports: What you get for $300k

Property Values 

What You Get for ... $300,000

monthly feature comparing homes in different parts of the country for sale for $300k.  Click here for full article:

Ny Times reports: Let the market Crash

Housing Woes Bring a New Cry: Let the Market Fall

By DAVID STREITFELD

Published: September 5, 2010

The unexpectedly deep plunge in home sales this summer is likely to force the Obama administration to choose between future homeowners and current ones, a predicament officials had been eager to avoid.
Over the last 18 months, the administration has rolled out just about every program it could think of to prop up the ailing housing market, using tax credits, mortgage modification programs, low interest rates, government-backed loans and other assistance intended to keep values up and delinquent borrowers out of foreclosure. The goal was to stabilize the market until a resurgent economy created new households that demanded places to live.
As the economy again sputters and potential buyers flee — July housing sales sank 26 percent from July 2009 — there is a growing sense of exhaustion with government intervention. Some economists and analysts are now urging a dose of shock therapy that would greatly shift the benefits to future homeowners: Let the housing market crash.
When prices are lower, these experts argue, buyers will pour in, creating the elusive stability the government has spent billions upon billions trying to achieve. CLICK HERE FOR FULL ARTICLE

New York Times monthly feature: What You Get for $580,000

Property Values

What You Get for ... $580,000

The living and dining area has concrete floors and views over White Rock Creek.

By MIKE POWELL

Published: July 27, 2010

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How much home can you get for $975,000?

 New York Times  monthly feature, Demonstrating what $975k can buy you in three different locations:

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  Photo credit: Jim Wilson/The New York Times