With the newest data on home sales out Wednesday, one thing is clear: The volume of current real estate activity is not what many players hoped it would be.
real estate
Man Gets $330,000 Home for $16
Thanks to a little-known Texas law, a man found an abandoned $300,000 home, moved his stuff in and filled out some paperwork. It cost him $16. Now, apparently he’s a homeowner.
Do You Need to Know What Your House is Worth?
Zillow, the third-most-visited real estate website in America, last month decided to spruce up one of its most popular features: its “Zestimates,” or valuations of what properties on its site are worth.
Why Real Estate May Be The Buying Opportunity of the Decade
There’s a convincing argument that real estate is today’s best long-term buy.
Homeownership: Still Popular But Not Seen as a Smart Investment
Americans have long overindexed on the value they place on owning a home when compared with people in other western countries. That white picket fence in the age-old imagery of the American Dream? That stands for real estate.
When Billionaires Move
Alexander Rovt, a Ukrainian billionaire who made his money in fertilizer, just bought one of Manhattan’s most storied mansions off Central Park for some $30 million. As a result, he’s selling his “old” house — which he spent …
Is Your House Giving You Asthma?
More than 17 million American adults and 7.5 million children currently have asthma, and the rates are rising. According to the Centers for Disease Control and Prevention, 4.3 million more people were diagnosed with asthma …
Real Estate’s in the Tank? Not in the Land of IPOs
It’s been what my grandmother would call “a month of Sundays” (i.e., a long, long time) since we’ve heard of a local housing market that wasn’t in the doldrums. In fact, much of the country is now officially in the …
Mortgage Giants Wells Fargo and Bank of America Opt Out of Reverse Mortgage Business
At the height of the real estate market, I recall driving past a Bay Area billboard for an apparently conservative financial advisory firm that read something like: “Your home is not a retirement plan.” At the time, the …
What Should I Bid on a House?
Let me revisit a classic home buyer's question ("What should I bid on a property?") with some insights for today's modern, love-to-bargain, Internet data-filled world. It's a re-examination of home buying in a Groupon …
Is It OK to Walk Away From Your Mortgage?
In spite of the mild economic recovery we’re experiencing, the percentage of homeowners who are underwater on their mortgages — that is, they owe more than their homes are worth — has barely budged.
3 Hot Real Estate Markets That You’ve Likely Never Heard Of
Rarely does a week go by without someone publishing a list of real estate markets that are recession-proof, or that have recovered already, or that they predict will recover sooner than others.