homes

Stories 41 - 60 | << Prev   Next >>

London Sets Record for Luxury Home Sales

Foreign buyers are pouring in money to escape volatility at home

(Newser) - The market for London's most luxurious homes is skyrocketing as foreign buyers, seeking safe investments, swoop in to purchase the city's priciest residences. Sales of properties worth more than $8 million spiked 31% to a record 262 in the past year, reports Businessweek . House-hunters hailing from the Middle...

Edwards' Hideaway: Charity Work in El Salvador

Scandal-plagued ex-candidate builds houses without fanfare

(Newser) - Most politicians trekking to El Salvador to build homes for the poor would be milking their good works for good publicity, but for John Edwards it looks more like a way to escape the media’s glare. Edwards took his third trip to the country last week, but he’s...

Mortgage Defaults Top 1M, Keep Rising

Even those with lowered payments are defaulting

(Newser) - The number of troubled home loans continued to rise in the third quarter, despite the Obama camp's efforts to stem the tide by mortgage modification. For the first quarter ever, the number of homes in foreclosure with mortgages serviced by US banks topped the 1 million mark, the Los Angeles ...

Tough Times Threaten New England's Triple-Deckers

Foreclosures, neglect thin the ranks of distinctive homes

(Newser) - The distinctive three-decker homes found throughout urban New England are swiftly becoming an endangered species, the New York Times reports. The homes—mostly built around a century ago to accommodate new immigrants—were snapped up by investors in boom times who rented them out without doing any maintenance. They are...

Attorneys Learn Loan Law to Help Homeowners

(Newser) - Lawyers nationwide are learning about foreclosure law to help new clients keep their homes, NPR reports. Housing attorneys are even teaching seminars to lawyers, who accept cases pro bono, knowing homeowners can't turn to swamped legal aid offices. Some find it "incredibly rewarding to help someone save their house...

Economy Forces 'Boomerang Kids' Back Home

Experts fear financial strain of dependent, adult kids

(Newser) - After losing their jobs and homes, some middle-aged adults are losing something else—independence from their parents, the Washington Post reports. The recession is forcing so-called “boomerang kids” back into their childhood homes, raising questions about how easily parents can accommodate refilled nests amid tough economic times. "It's...

March New Home Sales Down 0.6%
March New Home Sales Down 0.6%

March New Home Sales Down 0.6%

But that's good news: Numbers are actually better than expected

(Newser) - New US home sales dipped slightly last month but still beat expectations as builders start to see long-awaited encouraging signs about the housing market—including a dip in the inventory of new homes for sale. Sales fell 0.6% in March to a seasonally adjusted annual rate of 356,000,...

Feel Good Again About Your Pricey House
Feel Good Again About
Your Pricey House
OPINION

Feel Good Again About Your Pricey House

In 10 years, you'll be back in the black

(Newser) - Bought an expensive house right before the subprime crash? Fret not, writes Chris Ayres in the Los Angeles Times. With 5% inflation, lower interest rates, and a mortgage tax deduction, buyers of pricey houses will be smiling in 10 years. "If you're a boom-time buyer who can still pay...

Arsonist May Have Set Fla. Fires

Gov declares state of emergency, promises harsh consequences

(Newser) - Fires that have raged across Florida over the last 2 days may have been deliberately set, Gov. Charlie Crist said today. Investigators have pointed to the fact that many of the blazes in different places sprang up at once as evidence of arson, CNN reports. Almost 100 homes have been...

Sierra Madre Blaze Rages On
 Sierra Madre
 Blaze Rages On 

Sierra Madre Blaze Rages On

Firefighters losing containment on difficult terrain

(Newser) - A California wildfire that has sparked mass evacuations kept burning up Sierra Madre today, the Los Angeles Times reports. Officials said the blaze was 23% contained, compared to 30% last night, and four of 580 firefighters have suffered minor injuries—but there are no fatalities so far. The fire now...

Maybe You Shouldn't Own a Home
Maybe You Shouldn't
Own a Home
OPINION

Maybe You Shouldn't Own a Home

Wake up, America: Not everyone can afford the white picket fence

(Newser) - Should all Americans own their dream home? Not really, writes Joshua Riner in the New Republic—only those who can afford one. But Washington made homebuying easy, sparked the subprime crisis, and is now making things worse by buying up risky mortgages. Officials "need to replace the dream of...

10 Lies Homeowners Tell Buyers
10 Lies Homeowners Tell Buyers

10 Lies Homeowners Tell Buyers

Few are above making a fib or two part of the sales pitch

(Newser) - When a homeowner is desperate to sell and a buyer is ready to fork over the cash, the truth about a house is often swept under the rug, MSNBC reports. Watch out for frequent fibs when talking about:
  1. Personality of neighbors and the neighborhood.
  2. Status of home repairs (particularly the
...

Homeowners Lure Free Labor With Libations

Remodeling parties are a risky new rage

(Newser) - Word of advice: Cocktails and power tools don't mix. Renovation parties are sweeping the nation, as homeowners look for ways around rising construction costs. But handing out martinis and sledgehammers doesn’t always produce the best results, the Wall Street Journal counsels, recounting horror stories of crooked tiles, drywall hung...

Sony Delays Answer to ‘Second Life’

Former trailblazer's ‘Home’ won’t drop now until spring

(Newser) - Adding to a string of setbacks, Sony today delayed the release of its competitor for virtual world touchstone "Second Life," until next spring. The interactive world "Home"—made for PlayStation 3—has been demonstrated several times, the AP reports, and was to land before year’s...

These Streets Are Paved in Gold
These Streets Are Paved in Gold

These Streets Are Paved in Gold

Forbes publishes list of most expensive US city blocks

(Newser) - Forbes has compiled a list of the most expensive real estate blocks in 10 major cities.  It teamed up with date provider Reply! to compile an index of the 'billionaire rows' of the US. In New York, the block between Fifth Avenue, Madison, 69th and 70th Sts. takes the...

US Median Home Price to Drop
US Median Home Price
to Drop

US Median Home Price to Drop

Projected 1-2% decline for 2007 would be the first since 1950

(Newser) - The median cost of an American home, now $220,000, is expected to drop this year for the first time since tracking began in 1950, reports the New York Times. The decline will be modest—1 to 2%—but could last into 2008 and 2009, meaning that, adjusting for inflation,...

Katrina Tax Breaks Pay for Luxury Condos

Incentives for rebuilding are buying $1M units in Tuscaloosa, 200 miles from coast

(Newser) - Investors are using federal tax breaks designed to stimulate rebuilding after Hurricane Katrina to buy luxury condos being built near the University of Alabama’s football stadium, 200 miles from the coast, the AP reports. The Tuscaloosa developments, where units go for up to $1 million, are flourishing while much...

9 Perfect Places to Live
9 Perfect Places to Live

9 Perfect Places to Live

Arts, culture, beauty, jobs—these towns have it all, and real people, too

(Newser) - Outside magazine selects 30 sweet spots—the best towns for mixing city life with the big outdoors—and, oh yeah, getting a job, too.  Here are the top nine:
  1. Santa Cruz, California
  2. Jackson, Wyoming
  3. Iowa City, Iowa
  4. Bend, Oregon
  5. Santa Fe, New Mexico

Washed-Out Brits May Be Stuck in Trailers for Months

Thousands of homes and businesses are still drying out

(Newser) - Victims of the record flooding in England may have to live in mobile homes for months while their property is repaired. Tens of thousands of residences and businesses were badly damaged by floods over the past 2 months, which caused at least $6 billion in damage, Bloomberg reports. And meteorologists...

Best Home Sellers' Markets
Best Home Sellers' Markets

Best Home Sellers' Markets

Times are tough, but your house won't sit on the market for long in these towns

(Newser) - The housing market overall isn't good, but luckily for some, there's an exception to every rule. Forbes points you toward 10 towns where sellers can still finish with smiles on their faces.
  1. Raleigh, NC
  2. San Francisco
  3. Austin, Texas
  4. San Antonio, Texas
  5. St. Louis 

Stories 41 - 60 | << Prev   Next >>