Jul 11th 2012 2:50PM
By Les Christie The McMansion is back. After shrinking for three years, newly-constructed homes are growing again. For the first time in six years, Americans are asking for more square footage in new home designs, according to a recent report from the American Institute of Architects. Existing homebuyers are... Continue Reading »
Feb 18th 2011 12:59PM
When it comes to home size, American homebuyers are finally deciding that less really is more. They are cutting back on options and reducing square footage. More incredibly, they're buying townhouses instead of McMansions. I about flipped when I got wind of a new development under construction in tony University Park here... Continue Reading »
Jul 14th 2010 9:00AM
When the International Monetary Fund warned of a potential double dip in the housing market last week, it raised the question yet again of what would constitute a double dip, and how will it affect homeowners? The IMF pointed to the fact that, while signs of recovery are stronger than expected, the backlog in foreclosures... Continue Reading »
Jan 5th 2010 2:28PM
You think you've got it bad? Japan is enduring its worst recession in decades. So what can you rent in Tokyo for $640 a month during the downturn? Not an apartment, but a berth -- a tiny shelf in a "capsule hotel." Built for "salarymen" who missed the last train home after staying out drinking, capsule hotels are now the... Continue Reading »
Dec 10th 2009 5:00PM
I don't know what drove Tiger Woods out of his house at 2:30 a.m. But I'm guessing the house was part of the problem. Have you seen the bird's-eye photos of Tiger's lair? It's a behemoth -- there's enough roof for an airplane hangar -- except it has more angles than an origami caterpillar. The man is known for... Continue Reading »
