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Real Estate

Woman’s £80,000 Home Now Worth Only £1

If you’ve been complaining lately that your home lost some value in the recent real estate downturn, quit your bitchin’ – it could be a lot worse. British homeowner Jane Archer got the shock of her life this week: her 3-bedroom bungalow with uninterrupted sea views in the small Norfolk village of Happisburg was appraised [...]

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Officials in California Filling Pools with Mosquito Fish

For months, there have been little mentions here and there about how officials all over the country are worried about mosquitoes breeding in the brackish pools behind abandoned, foreclosed homes. You would think that the standard response would be a) drain the freaking pools, b) put forth some kind of community effort to either get [...]

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Buy One House, Get One Free

Top sign the housing market is still going downhill: when you purchase one McMansion, you get a smaller yet still ‘luxurious’ row home free. No kidding. One San Diego real estate developer has clearly gotten very, very desperate to sell homes.
From the LA Times:
We thought, ‘Why does it just have to be on Pop Tarts [...]

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Green Bonus! Bad Real Estate Market Means More Parks and Nature Preserves

Just a couple short years ago, real estate developers were spending money like Lindsay Lohan in a liquor store. They would snatch up nearly any property, with no particular plans in mind, but confident that they’d be able to build McMansions, strip malls or ubiquitous corner drugstores without a problem. Once the market crashed, developers [...]

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