Real Estate

Woman Threatens to Blow Up Home Over Eviction

NJ Woman Threatens to Blow Up Home Over Eviction, Then Torches It With 30 Cats Inside. An eviction fight ended with a massive and deadly fire in New Jersey after a woman refused to leave her home that sources said she shared with dozens of cats, authorities say. Police said that troopers went to the

Many All-Cash Buyers Snagged Houses

See how many all-cash buyers snagged houses in your neighborhood Rising interest rates, soaring home prices and decreasing inventory aren’t the only things making it difficult to buy a home these days. Last year, nearly a third of U.S. homes were purchased with cash, according to data provided by the realty company Redfin. That’s an

2022 Was Slowest Year for US Home Sales

U.S. home sales tumbled to the slowest pace in nearly a decade as soaring mortgage rates and sky high prices in 2022 pushed homeownership out of reach for many Americans. The National Association of Realtors said Friday that existing U.S. home sales totaled 5.03 million last year, a 17.8% decline from 2021. That is the

Florida Senate Passes Property Insurance Overhaul

The Florida Senate on Tuesday approved sweeping legislation that would overhaul the state’s property insurance system, which has struggled due to insolvencies, high costs and major storms.   The bill would create a $1 billion reinsurance fund, reduce litigation costs and compel some customers to leave a state-created insurer. It also would force insurers to

Zombie Debt

‘Zombie Debt’: Homeowners face foreclosure on old mortgages Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home in 2006, six years after arriving from Haiti. “I


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