Thirty-Three Homes to Be Demolished, After Indiana Neighborhood Blast
Joseph Devenney/Getty Images(INDIANAPOLIS) — Thirty-three homes damaged in a house explosion this month will be razed, officials in Indianapolis said.The blast that rocked the Richmond Hill subdivision killed two people, John and Jennifer Longworth. D…
Tiger Woods Takes a Hit and Other Celebrities Who Sold Homes at a Loss
iStockphoto/Thinkstock(NEW YORK) — Tiger Woods’ strong start in the 2012 PGA Championships may be making up for the fact that he recently sold his condo in Corona del Mar, Calif., at a loss.The PGA champion sold his home, which he bought for $3 millio…
Man Buys 650 Foreclosures: How Much Did He Pay?
iStockphoto/Thinkstock(MACOMB COUNTY, Mich.) — Until a year ago, Bill McMachen, 71, had never bought or sold a foreclosed home. Then in 2011 he bought one for $12,000 and flipped it a week later for $18,000. “That went pretty good,” he say…
To Buy or to Rent? New Analysis Says Buy in Much of US
Stockbyte/Thinkstock(NEW YORK) — Is it better to buy a home or rent? An analysis released on Thursday by real estate information provider Zillow.com finds that in most of the U.S., buying becomes a better deal than renting after only three years…
Sinkhole Swallows Florida Family’s Entire Backyard, Threatens Home
A sinkhole that opened up May 3, 2012, behind a Windermere, Fla. home has grown to about 100 feet wide and 50 feet deep. (ABC News)(GAINESVILLE, Fla.) — For the second time this month, a Florida family is at risk of having their home swallowed by the…