The hardest hit areas are cities in Florida such as Miami and Tampa, recently quoted by the National Association of Realtors as having price reductions of almost 20%. California as a whole is in the worse shape as far as foreclosures and a stagnant market are concerned. Beachfront property along the California coast was always over-priced, and went way over the top during the real estate boom several years ago. Consequently, they are coming down the fastest and hardest now.
We hope to act as a showplace for distressed owners to advertise their oceanfront properties, and as a favorite place for motivated buyers to look for the cheapest deals available.
If you are a real estate agent who specializes in foreclosures or short-sales, please contact us to see how we can help you list and sell your oceanfront property. If you are a buyer, sign up for our mailing list and let us notify you when we find cheap oceanfront property so you'll grab the deal before other investors find it.
We now have some information on Myrtle Beach foreclosures, Miami Beach Oceanfront Condos, Florida Forclosures,and California oceanfront real estate.
For more information on Myrtle Beach real estate, see the Myrtle Beach Condostore website. If you want Myrtle Beach Condos, visit www.myrtlebeachcondos.net. Not interested in the coast? You might want to investigate Greenville SC Real Estate with Lee Cunningham, or Real Estate in Flower Mound Texas, with Jack Ragsdale. We also recommend Frisco Texas real estate and our Condo Insurance website.