South Florida Speculators Outbid Average Homebuyers" alt="South Florida Speculators Outbid Average Homebuyers" />

You'd think that now would be the time to pick up a bargain home in South Florida. After all, there are more than 96,000 foreclosures to choose from, and that's just from the first six months of 2010, according to the Miami Herald: "Distressed properties are still dominating the market, with more than half of all homes and ... Continue Reading »

NYC Luxury Real Estate: Steve Wynn Rolls Dice on Plaza Penthouse" alt="NYC Luxury Real Estate: Steve Wynn Rolls Dice on Plaza Penthouse" />

Since the Plaza in New York City began its conversion from hotel to condos in 2004, there's been nothing but controversy. First, what would happen to Eloise, its most famous fictional resident? Then there were the record-breaking prices and the subsequent grumblings, accusations and lawsuits. Even so, the units were ... Continue Reading »

Utah: State Scoops Up Unsold New Homes" alt="Utah: State Scoops Up Unsold New Homes" />

Lots of banks are saddled with extra properties these days, thanks to risky loans and faulty practices. But in Utah, it was the state that did the risky lending, and has found itself the proud owner of what seems to be a suburban ghost town. Arizona-based developer SunCor worked out an unusual deal with the state of ... Continue Reading »

Half-Finished Home Listed for $75 Million" alt="Half-Finished Home Listed for $75 Million" />

If you thought the economic downturn and housing crisis would lead to more modest homes, you are wrong -- at least in this case. And in this case you'd be very, very wrong. It's a 90,000-square-foot mansion listed for $75 million. It sits in a prime spot, on 10 waterfront acres in a gated community outside Orlando, Fla. ... Continue Reading »

Bronx Residents Fear Being Homeless" alt="Bronx Residents Fear Being Homeless" />

The Bronx has it hard. It's the New York City borough with the highest unemployment rate. It has the highest violent crime rate. And now, according to the NY Daily News, its residents have more worries about homelessness than those in any other borough. According to a poll by the Institute for Children and Poverty, a ... Continue Reading »