Crashed Market Opens Doors for New Homeowners

Foreclosed homes affordable to middle-class families

By Gabriel Winant, Newser User

Posted Apr 3, 2009 8:37 AM CDT

(Newser) – Since the real estate market collapsed, buying a home has become possible for middle-class families for whom it was previously out of reach, the New York Times reports. Taina Goldman, a Miami nurse, recently paid $187,000 for a house worth $370,000 three years... Read full story »

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Crashed Market Opens Doors for New Homeowners

Foreclosed homes affordable to middle-class families

real estate • housing market • housing • foreclosures

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More Newser Stories

Facing Foreclosure? BofA to Let You Rent Your Home

New 'mortgage to lease' program kicks off in test markets

More Foreclosures Means More Mold

Abandoned homes are perfect environments for mold and mildew

11% of US Homes Vacant

Prices set to fall even further

Arizona's Newest Resident: Bristol Palin

She pays cash for 5-bedroom foreclosure, no pool

Foreclosure Scandal Messing Up Home Sales

Thousands of sales thrown into limbo

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