Aug 3rd 2012 12:45PM
For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who owns a yacht dealership in Harrison Township, Mich., bagged that bulging real estate portfolio after accepting an enticing... Continue Reading »
Apr 24th 2012 12:10PM
By Les Christie NEW YORK -- Tamera Hewlett-Vallejo and her husband, Tom, came within a whisker of losing their Sacramento, Calif., home in a foreclosure auction last month. But as a result of the $26 billion national mortgage settlement, the Vallejos were given a last-minute reprieve. Their mortgage lender, Bank of... Continue Reading »
Feb 6th 2012 3:40PM
In today's post-bubble housing market, it's not uncommon for landmark buildings to fall into foreclosure. But this Atlanta tower is noteworthy for two reasons – it's the tallest skyscraper in the Southeast, and its sale smacks of irony. The Bank of America Plaza, the 55-story skyscraper where BofA still holds... Continue Reading »
Nov 1st 2011 2:18PM
The economic downturn has caused pain for countless American homeowners and wreaked havoc on businesses small and large. But there's one segment of the population that just continues to do better and better: real estate investors. For proof, look no further than the latest real-estate reality programming, "Flip Men," in... Continue Reading »
