I have heard tales of mistaken identity before, but this case takes the cake...and apparently everything else in the property. In a major foreclosure faux pas, a realty company had the condo of a woman cleaned out, mistaking her property for the real foreclosed...
Although many upbeat indicators suggest that emergence from the recession is well underway, a seemingly equal number of findings warn us that we're not out of the woods -- or water -- just yet. The latest on the bad news side of the scale comes from CNN's Money...
NBA superstar Michael Jordan unveiled plans for a 37,942-square-foot in Jupiter, Florida.His Airness's home plans include an elevator, 11 bedrooms, cottage and guard gate. For those who lack a sense of scale, 37,000 square feet is about the size of your local...
After failing to find a buyer, the house built entirely out of Legos in Surrey, England, is being dismantled brick by mult-colored brick. Built by James May of the BBC's Top Gear, the home was never intended as a permanent structure and was built on a vineyard without...
The housing downturn has got a lot of people asking 'When will home prices recover?' According to this study from The Federal Housing Finance Agency, it could be awhile. Tracking real estate busts since 1975 found that price declines typically play out over a course...
How safe is your neighborhood from the foreclosure wave? Now you can find out with Foreclosure Google Map. The map shows the distressed properties in your surrounding area. Enter your address, click on the red dots and click "More Info" to get the full story. Perfect...
"They stripped the copper wiring, knocked holes in the walls and left the windows open to the elements for a week." This was how a realtor I know described a foreclosed property she had seen. It's not uncommon; foreclosed homeowners often take their considerable anger...
As housing prices decline, so, too, should the amount homeowners owe in property taxes. Unfortunately, many municipalities rely on previously assessed values and have not updated their records to reflect the new market reality. LowerMyAssessment.com allows homeowners...
While the housing crisis has a lot of people hurting, there have been some beneficiaries. In this case, the homeless. The city of Brooklyn is now renting several luxury condos that failed to sell for use as a homeless shelter. The units come complete with granite...
Pointing the finger at someone else seem to be very de rigueur these days. It seems the "drive-by" media's next target is the home appraiser. It's really just one more way to blame someone else. In my opinion, a house should not need an appraisal. An appraisal is for...
