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For many homeowners, the real estate market in the past year has been a nightmare. Foreclosures in the first quarter of 2009 jumped 23% from last year, and home values have plummeted nationwide.
But the battered housing market has been a blessing in disguise for home buyers, making eye-popping homes affordable to people who previously couldn’t afford them. Check out these eight homes marked down significantly from their previous sale prices.
By Louis Jones

HUNTINGTON, NEW YORK
- Type of home: single-family
- Current price: $289,900
- Last sold for: $346,914
- Bedrooms: 4
- Bathrooms: 2.5
- Square footage: 2,620

HALLANDALE, FLORIDA
- Type of home: condo
- Current price: $785,000
- Last sold for: $1,002,800
- Bedrooms: 3
- Bathrooms: 3
- Square footage: 2,078

LAKEMOOR, ILLINOIS
- Type of home: single-family
- Current price: $289,900
- Last sold for: $346,914
- Bedrooms: 4
- Bathrooms: 2.5
- Square footage: 2,620

LAKEVILLE, MINNESOTA
- Type of home: single-family
- Current price: $335,500
- Last sold for: $473,989
- Bedrooms: 4
- Bathrooms: 3.5
- Square footage: 3,311

SAINT LOUIS, MISSOURI
- Type of home: condo
- Current price: $180,000
- Last sold for: $80,000
- Bedrooms: 2
- Bathrooms: 1
- Square footage: 719

CHANDLER, ARIZONA
- Type of home: single-family
- Current price: $699,900
- Last sold for: $1,900,000
- Bedrooms: 6
- Bathrooms: 5.5
- Square footage: 6,751

HENDERSON, NEVADA
- Type of home: single-family
- Current price: $209,000
- Last sold for: $439,655
- Bedrooms: 2
- Bathrooms: 2
- Square footage: 1,360
FAIRFIELD, CALIFORNIA
- Type of home: single-family
- Current price: $654,900
- Last sold for: $1,071,200
- Bedrooms: 3
- Bathrooms: 2.5
- Square footage: 3,499
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
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