The rich are having a hard time finding expensive digs in ritzy neighborhoods.
The rise in foreclosed mansions has led to a problem with squatters.
Looking to trade up to a mansion with all the extras? Now’s the time to buy for a song. During the housing boom, average square footage for homes continued to trend upward according to the National Association of Home Builders, from 983 square feet for an average home in 1950 to 2,434 square feet in
While the housing industry is buzzing about further impediments to a recovery caused by the recent foreclosure suspensions, two high-profile mansions sold for a song last week. Luxist reported that the Indianapolis mansion formerly owned by Stephen Hilbert, former CEO of Conseco, once valued at $25 million, sold for a mere $3 million. The buyer