Patricia Kluge Loses a Fortune, But Not Her Resolve

Seeded on Fri Sep 30, 2011 6:47 PM EDT (The New York Times)

Patricia Kluge appeared for years to be one of the nation’s wealthiest divorcees, with a breathtaking Virginia mansion known as Albemarle, an ample jewel collection and a river of cash from her ex-husband, the late media magnate John Kluge.

business, bankruptcy, homes, real-estate, mansions, foreclosures, luxury-real-estate, kludge

Top 10 Hidden Costs When You Can't Sell Your Home

Seeded on Wed Aug 17, 2011 12:10 PM EDT (AOL)

The U.S. housing recession is so deep that an average home takes nearly a year to sell. In the hardest hit areas, it can take several years. Just ask residents of Detroit, Nevada and parts of Florida, Arizona and southern California.

real-estate, home-sales, moving, relocation, home-garden, home-selling, home-sales-tips

How to Get Your Security Deposit Back

Seeded on Thu Aug 11, 2011 5:46 PM EDT (FOXNews.com)

You’ve packed up, you’ve got a new place to move into and you’re getting ready to clean out the old place.

renting, home-garden, rental-homes, rental-units, security-deposists, leased-homes

Economic Turmoil Rattles Unsettled Housing Market

Seeded on Wed Aug 10, 2011 1:34 PM EDT (NPR)

For most people, their biggest investment is their home. Following Standard and Poor's downgrade of U.S.

business, economy, homes, debt, finances, real-estate-market, debt-downgrade

Senator faults NYC over deaths in foreclosed home

Seeded on Tue Aug 9, 2011 4:15 PM EDT (Wall Street Journal)

City officials could have acted to prevent the fire deaths of a boy and his parents in an illegally subdivided home that fell into disrepair in the foreclosure crisis, state Sen.

business, homes, fires, foreclosures, apartment-buildings, distressed-properties, city-inspectors

Foreclosures on apartment buildings surge reducing living conditions for tenants

Seeded on Wed Jul 20, 2011 6:32 PM EDT (NY Daily News)

More city apartment buildings are going into foreclosure - and low-income neighborhoods in Brooklyn are among the hardest hit. The foreclosure crisis that engulfed individual homeowners has also hit larger buildings, with more getting slapped with foreclosures in the last two …

business, real-estate, apartments, low-income-housing, foreclosures, apartment-foreclosures

High Line neighbors sick of voyeurs

Seeded on Mon Jul 18, 2011 1:33 PM EDT (New York Post)

They live in a peep show. Residents of apartments along the newly opened stretch of the High Line say they feel like zoo animals, constantly photographed and gawked at while trying to go about their daily lives. "Its absolutely horrible!" fumed Ronni McFadden, who resides in …

parks, odd-news, city-parks, voyeurs, highline, highline-park

Florida fraud report key to New York foreclosure case

Seeded on Mon Jul 18, 2011 1:22 PM EDT (South Florida Sun-Sentinel)

A foreclosure fraud report compiled by two ousted Florida investigators was instrumental this month in winning a New York homeowner her case. The report by former state assistant attorneys general June Clarkson and Theresa Edwards is a step-by-step account of how some lenders …

business, foreclosure-fraud, us-real-estate, ny-foreclosures, florida-foreclosure-fraud-report

Home foreclosures plummet in city | Crain's New York Business

Seeded on Mon Jul 11, 2011 5:24 PM EDT (Crains New York Business.com)

Despite a huge spike in co-op apartments entering foreclosure as well as foreclosures in Manhattan, the total number of new foreclosures in the five boroughs shriveled 56% during the second quarter, compared with the same time a year ago, according to data released Monday by …

business, real-estate, foreclosures, staten-island-foreclosures, ny-properties

Bank Stocks: Report of $60B Mortgage Settlement Also Hurting

Seeded on Wed Jul 6, 2011 5:31 PM EDT (Wall Street Journal)

Dave and I earlier came up with some lists of what could be troubling bank stocks today. Add another to the lists: a New York Post story about a possible $60 billion mortgage-foreclosure settlement.

business, homes, real-estate, foreclosures, bank-settlements, 60-billion-mortgage-settlement

How Often Do Air Conditioners Fall Out of NYC Windows and Kill People?

Seeded on Wed Jul 6, 2011 5:06 PM EDT (The Village Voice)

Ah, New York City in the summer! Generally, we really do love it, despite the on-the-way-to-work sweatiness and fish-in-an-old-sweat-sock smells.

odd-news, ac, air-conditioners, conditioner-new-york, falling-ac

Foreclosed Homes Wait In 'Shadows' To Go On Sale

Seeded on Fri Jun 24, 2011 4:05 PM EDT (NPR)

The housing market is still languishing this summer, leading some economists to believe prices won't begin to recover until 2014.

auctions, housing-market, foreclosures, shadow-inventory, foreclosure-fight

In Many Cities, Jobs Reconvery Could be a Decade Away

Seeded on Thu Jun 23, 2011 3:36 PM EDT (TIME)

Remember when we used to talk about a V-shaped recovery. Yeah not so much. A new economic report commissioned by the U.S.

business, jobs, recovery, economics, finances, financial-crisis

Army Veteran Fights HOA for Right to Fly the Flag

Seeded on Wed Jun 22, 2011 4:08 PM EDT (AOL)

A 77-year-old Army veteran in Macedonia, Ohio, is fighting for the right to raise the American flag in his front yard.

business, real-estate, flags, veterans, hoa, home-owners-associations, hoa-rules

Connected N.Y.C. Lawyers Reap Foreclosure Benefits

Seeded on Wed Jun 22, 2011 3:49 PM EDT (The New York Times)

Nearly 600 people in Manhattan had been approved for such work. But the job went to a lawyer named Mark D. Lebow, who is the husband of Patricia E. Harris, Mayor Michael R. Bloomberg’s most trusted aide. Since then, Mr.

business, fraud, real-estate, new-york-city, foreclosures, ny-foreclosures

Slope Parking Spot Asks $59,500 But Hey, It's Negotiable!

Seeded on Fri Jun 17, 2011 12:23 PM EDT (Curbed)

Imagine our reaction when we spotted the listing for a parking spot on Union Street in Park Slope, promising to cure your "Parking Nightmares." Yep, your personal hell is over.

parking, odd-news, parking-spaces, parking-real-estate, new-york-parking

Squatter Nation: 5 years with no mortgage payment

Seeded on Fri Jun 17, 2011 12:18 PM EDT (11 Alive)

Charles and Jill Segal have not made a mortgage payment in nearly five years -- but they continue to live in their five-bedroom West Palm Beach, Fla. home. Lynn, from St.

business, squatters, foreclosures, mortgage-defaults, distressed-properties, ny-foreclosures

N.J. foreclosures down due to processing time

Seeded on Fri Jun 17, 2011 11:46 AM EDT ()

Foreclosure filings in the region and New Jersey decreased again in May but not because of the economy or the housing market. Rather, a growing backlog prompted by judicial reviews is cutting back foreclosures for the short term, according to RealtyTrac, an Irvine, Calif.-based c …

business, new-york, real-estate, new-jersey, foreclosures, ny-foreclosures

A Conspiracy Theory For Why There Aren't Many Foreclosures In New York City

Seeded on Wed Jun 8, 2011 5:46 PM EDT (Silicon Alley Insider)

Sardonic housing blogger Larry Roberts -- who is currently getting sued for libel by the Orange County Association of Realtors -- has a theory about why New York City has the highest delinquency rate and the lowest foreclosure rate. (We're skeptical about this theory.)

business, homes, real-estate, new-york-real-estate, ny-foreclosures

Statewide New York Foreclosures Rise Slightly While New Jersey Drops - PR Newswire - sacbee.com

Seeded on Tue Jun 7, 2011 3:39 PM EDT (The Sacramento Bee)

In some of the top cities in the United States the underlying unemployment problem shows the impact on homeowners that face foreclosures, despite government programs to help hundreds of thousands nationwide keep their homes.

business, new-york, houses, foreclosures, distressed-properties, ny-foreclosures

Battle with mortgage modification company

Seeded on Tue Jun 7, 2011 1:22 PM EDT (ABC Local Affiliates)

The foreclosure crisis has left many homeowners desperate for lifelines to stay in their homes. Many mortgage modification companies offer help to lower payments. A Staten Island woman invested her trust and her money in a firm promising guaranteed solutions..

business, fraud, mortgages, foreclosures, distressed-properties, loan-modification, home-safe-america

Senators criticize proposed U.S. mortgage rule

Seeded on Fri May 27, 2011 3:36 PM EDT (Reuters)

A bipartisan group of senators is pushing back against a financial reform designed to make the housing market less risky, arguing regulators went too far in defining a safe mortgage.

business, laws, mortgages, senators, foreclosures, home-buying, dodd-frank

The $100 Million House: What It Really Costs

Seeded on Wed May 18, 2011 3:30 PM EDT (Yahoo!)

Have you ever wondered what it would be like to live in a $100 million house? Just ask billionaire business investor Yuri Milner. His purchase of the 25,000 square foot Silicon Valley home breaks the record for highest priced sale of a single-family home in America.

homes, mansions, home-garden, luxury-real-estate, mansion-upkeep

Condo Says It Is Reeling From an Owner in Arrears - Its Developer - NYTimes.com

Seeded on Mon May 9, 2011 5:08 PM EDT (The New York Times)

Five years ago, when Mayra Kirkendall-Rodriguez decided to buy a two-and-a-half bedroom apartment at the Walden on East 130th Street in Harlem, she says she was happy to find a place that offered the promise of space, light and air, a “lovely property” on a quiet, …

business, homes, condos, apartments, the-walden, new-york-condos

Rate on 30-year fixed mortgage falls to 4.71 pct

Seeded on Thu May 5, 2011 3:56 PM EDT (Yahoo! News)

Fixed mortgage rates dipped to the lowest level of the year this week. The third straight weekly decline comes at the start of the peak buying season.

business, mortgages, mortgage-rates, banks, lenders, home-loans

– Show More