Clik here to view.
Plunging Property Taxes Bleed Government Coffers
From New York and Los Angeles to devastated Rust Belt towns, falling home prices are leaving local governments in a pinch, the New York Times reports. Desperate for extra cash, homeowners are...
View ArticleClik here to view.
China May Invest in Bargain US Real Estate
China’s sovereign-wealth fund has its eyes on US real estate, the Wall Street Journal reports. China Investment Corp. laid low throughout 2008 as the global economy teetered but is now opening its...
View ArticleClik here to view.
Millions Considering Walking Away From Mortgages
The long slide in property values has left huge numbers of homeowners considering just walking away from their mortgages. People start thinking about jumping ship when their home value falls below 75%...
View ArticleClik here to view.
Hey, Landlords: Plant a Tree, Then Jack Rent
Landlords, grab your shovels. Having a tree on your property translates to an extra $5.62 a month in rent. So say two researchers (one of them from the Forest Service) who played around with Craigslist...
View ArticleClik here to view.
Singapore Drops Incentives to Lure Rich Foreigners
Sorry, rich folks. Singapore apparently has enough millionaires for now and is no longer holding the door open quite so widely to attract more from other countries. The nation is scrapping a program...
View ArticleClik here to view.
Rents Hit Record Highs, Vacancies at 10-Year Lows
With would-be homebuyers continuing to sit on the sidelines, rental vacancies dropped to a 10-year low last quarter, driving up rental prices to record levels around the United States, reports the Wall...
View ArticleClik here to view.
Singapore Home's Record Price: $242M
A 85,000-square-foot property in downtown Singapore has hit the market for a record price of $242 million, Bloomberg reports. It includes a two-story home, a tennis court, and a pool, the marketing...
View ArticleClik here to view.
Home Prices Take Biggest Jump Since 2006
US home prices jumped 12.2% in May compared with a year ago, per the Standard & Poor's/Case-Shiller index of property values; that's the biggest yearly gain since March 2006, reports the AP . The...
View ArticleClik here to view.
Neighbor to Cops: Stop 'Illegal' Lemonade Stand
Nothing like an entrepreneurial kid running a lemonade stand on the lawn—unless you're his angry neighbor, that is. Doug Wilkey of Dunedin, Fla., has been complaining for two years about 12-year-old TJ...
View Article
