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Thirty-Three Homes to Be Demolished, After Indiana Neighborhood Blast

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

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?

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

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

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…

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