Can the real estate market get so bad that banks are practically giving homes away?  According to this article in Yahoo, foreclosures have turned banks into property management companies and it’s often cheaper for them to give these homes away rather than try to get market value for them.

A lot of these homes were listed and re-listed, or were previously put up for auction but didn’t sell. And many of them are “fixer-uppers,” and buyers will be required to make repairs and bring the houses up to code. But still… $1,000 is a great deal.

$１，０００の物件
銀行が不動産物件投売り？！　信じられますか？　　ヤッフーの記事によると、フォークロージャーブームのため銀行が住宅管理会社化しつつあり、銀行にとっては投売りした方が安くつくことがあると書かれています。
その多くの物件は市場に何度も載せられ、競売でも売れなかったもの。　そしてほとんどが住めるようにするために修理が必要。　それにしても　＄１，０００とはすごいですね。