This kind of had me doing a double take at the title. I’ve always heard of “vacationing in The Hamptons”, but this really brings that point home. Looks like soon, that’s all some folks will be able to do!

Homeowners in the some of the toniest ZIP codes in the Hamptons are facing a […]

A crashing market is great for buyers who are eagerly waiting to chomp into their next home at a fantastic price. But it’s not so great for sellers who are left unable to sell at prices that let them break even with what they bought for. Seems to be a chicken vs […]

As the housing bubble continues to pop, we all get wet. Some end up stickier than others. Now that the hotter first quarter months are past, we’re seeing that the crash is continuing and that 2008 won’t be any better than 2007. To the contrary, it appears that it’s only going to […]

In some of the more broken down parts of the nation, many folks are suggesting that the eyesores that have resulted from owners long gone after sending in their “jingle mail” and walking away from their mortgages, be torn down or converted. Seems Youngstown is doing exactly that.
I wonder if $50,000 is enough to […]

Rising by over 1 Million, the number of vacant homes has now been marked at 18.6 Million in the United States.

A record 18.6 million U.S. homes stood empty in the first quarter as lenders took possession of a growing number of properties in foreclosure.
The figure is 5.7 percent higher than a year ago, […]