A story in the New York Times, which you can find here, gives me hope that McMansion mania is finally petering out. According to the Times, the demand for ultra-large homes in New Jersey — where such homes have long ruled the market — seems to be waning. The Times isn’t sure if this is a longterm or a shortterm thing. But it does give me hope.
The latest bit of creative genius that I’ve discovered comes by way of The New York Times, which details the story of a couple who, unable to sell a home that was nearing foreclosure, held a raffle to get the home off their hands. Yes, a raffle.
Election officials and voting-rights groups are worried that many of the millions of U.S. homeowners who lost their residences to foreclosure will also lose their chance to vote in the upcoming presidential election.
How’d you like to live in a house that sits atop an existing apartment building? If you want to live in New York City, you’ll soon have the chance.
Here’s a shocking statistic: Nearly a quarter of U.S. homeowners with first mortgages also have home equity loans. At the same time, the value of outstanding home equity loans in this country has grown from $1 billion in the 1980s to more than $1 trillion now.
Think you’re having trouble selling your home in today’s struggling real estate market? Try selling a house that isn’t finished.
Recently, though, the Times wrote a funny little story about the terraces outside those towering apartment buildings dotting the city. Seems some people love their terraces, while others … don’t.
Doesn’t building a mansion automatically leave a big impact on the environment?
Every home seller — or at least most of them — asks the question: What do real estate agents do to earn that standard 6 percent commission every time one of their house listings sells? According to a recent story in the New York Times, the answer to that question increasingly is: A lot.
Finding the right roommate is no easy task. You know this if you’ve ever had to suffer through a roomie who leaves the sink cluttered with dirty dishes or likes blaring rock music at 2 in the morning.
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Written by Dan Rafter [email] for b5media.
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