Homeowners feel stress of life ‘underwater’

Mike Choi's townhouse in Connecticut has two bedrooms. But he lives in the basement, renting out the upstairs rooms to help pay down his lost equity. A broad swath of homeowners — those not headed for the worst-case scenario of foreclosure — are nonetheless grappling with the impact of lost home equity.










Foreclosure – Real estate – Business – Investing – Mortgage loan

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Rural Housing Incentives

The landscape of American has changed over the years. As population levels grew, so changed rural and urban demographics.



View full post on Realty Times Real Estate News Channel

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Square Feet: A Detroit District Thrives by Building on the Past

Developers in Midtown are refurbishing older buildings, using tax credits and public financing, as much as they are building from scratch.




View full post on NYT > Real Estate

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Making The Case For Lost-Property-Value Claims In The Gulf Oil Disaster Zone

Real estate properties along the Gulf Coast oil disaster zone are expected to suffer value losses ranging from 10 to 30 percent or more, but some efforts are afoot to help property owners mitigate those losses.



View full post on Realty Times Real Estate News Channel

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Square Feet: Above Ground, a 2nd Ave. Subway Plan Attracts Critics

A half-dozen buildings on Second Avenue will house ventilation equipment, disperse smoke and allow for evacuation from subway tunnels in emergencies.




View full post on NYT > Real Estate

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