News about properties and real estate
The home, most recently listed for $37.5 million, is now asking $25 million. It had, at one point, been quietly marketed for $60 million and is one of the largest private residences in Nevada. Located five minutes from the Las Vegas Strip, the estate was reportedly built for Prince Jefri Bolkiah of Brunei. Spanning 11.2 …
Continue reading “Massive Las Vegas Estate Slashes Price to $25 Million”
After losing her job, Jolene Picard of Groton couldn’t bear the thought of also losing her 600-square-foot home with the white picket fence. She liked to garden. Her dogs enjoyed the yard. And Picard put nearly $20,000 of improvements – not to mention a good bit of sweat equity – into the place on Midway …
Continue reading “Much-maligned mortgage program saved woman’s Groton home”
For many struggling Floridians, going through a foreclosure, loan modification or short sale has been depressing enough. When it’s over, they might have thought their money woes would ease. But for some people, canceled or reduced mortgage debt comes back to haunt them during tax season. Most debts that are forgiven by creditors, from credit …
What started as a hobby for Keith Gamble is now a risky, exciting, full-time job: buying properties at the monthly foreclosure sale and flipping them. Gamble, and others like him, are a new generation of property flippers who buy at low prices at a foreclosure auction, clean up a property and sell it for a …
Continue reading “Foreclosures offer new twist on flipping houses”
Nevada leads the nation in foreclosures. In Las Vegas, banks are repossessing record numbers of homes. But the flip side is that for some low-income buyers, home ownership is finally within reach. Lady Luck has smiled on David Krueger, a waiter at the glitzy Mirage Hotel who earns $13 an hour, plus tips. That’s about …
Continue reading “Amid Las Vegas Real Estate Woes, Hope For Some”
From Englewood to Anna Maria, changing demographics over the past decade have transformed the Southwest Florida coastline, as thousands of permanent residents fled the beach for a variety of reasons and were replaced by hordes of vacationers. According to the latest figures from last year’s census, coastal communities from northern Manatee to south Sarasota County …
Continue reading “Southwest Florida’s full-time residents are shifting inland”