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Assessing whether the rally is real or fake, with CNBC's Mary Thompson; Rick Bensignor, Execution LLC; Eric Ross, Canacc...
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Apr.23
10:53 AM ET
Wednesday, 23 Apr 2008
Bargain Basements: Countrywide Sells Home for $1
Posted By:Bob Pisani
Topics:Investment Strategy | Stock Market
Psst, looking for a cheap place to live? Just how cheap can you buy a home for in some of America's biggest cities?
Check out Countrywide's [CFC
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] website of homes they have for sale: http://www.countrywide.com/purchase/f_reo.asp
On that site, you can find homes as low as:
--$1 in Detroit (!)
--$950 in Cleveland
--$1,200 in Buffalo, N.Y.
--$1,900 in St. Louis
--$5,900 in Pittsburgh
--$7,900 in Dallas
--$9,900 in Chicago
--$9,900 in Jacksonville, Fla.
--$24,900 in Denver
--$28,900 in Worcester, Mass.
--$39,900 in Sacramento
--$53,900 in Las Vegas
Questions? Comments?
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- Wal-Mart And Kohl's Beat—But Cautious Outlook
- After The Bell Big Announcement: HP To Acquire 3Com
- New Highs On Lousy Volume—What's Up?
- The New Dow Target
- Wall Street Fears Dodd Bill
- Have Loan Losses Peaked for European Banks?
- Dow Industrials at New Highs—But Other Indices Lag
- Risk Trade Is Back On
- HMOs Up Despite Looming House Vote
- What The Street Thinks of The Jobless Report
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