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Frank Lloyd Wright’s famed Ennis House to be sold

The 6,000-square-foot Los Angeles estate is being sold by the Ennis House Foundation, which recently completed the initial phase of a stabilization and restoration project following years of decay and damage from earthquakes and torrential rains. In March 2005, it was placed on the National Trust for Historic Preservation‘s most-endangered list. Asking price $15million!!! http://news.yahoo.com/s/nm/20090619/stage_nm/us_lloydwright

Foreclosure Plan Doesn’t Reach Everyone

Not everyone was a winner under the program to help troubled homeowners announced Wednesday by the Obama administration. The refinancing plan does nothing for people whose mortgages have dropped substantially in value because it’s limited to borrowers who owe no more than 5 percent more than their home’s current value. Borrowers who are severely underwater […]

10 Cities Boasting Mini Sales Booms

Some cities that were hardest hit by the real downturn are experiencing mini sales booms.Las Vegas real estate properties are down 28 percent in price, but sales of homes are up 15 percent. Motivated buyers accounted for 64 percent of Las Vegas sales in October, says Radar Logic, a derivatives firm. That’s the highest rate […]

Business Picks Up Where Prices Have Tumbled

Sales are picking up in markets where prices are deflated, but the business is different than it was before the bubble burst, observers say. The housing market in deflated markets–like Arizona, California, Florida, and Nebraska–are beginning to show signs of a rebound. Analysts say that prices have fallen to the point that those with average […]

NACA: Save The Dream

NACA NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA WWW.NACA.COM Bruce Marks CEOHeadquarters: Boston, MA (888.) 297-5568OFFICES: ATLANTA, GA       (404) 377-4545 AUGUSTA, GA       (706) 855-7464 BALTIMORE, MD       (410) 783-0465 BIRMINGHAM, AL       (205) 942-8111 BOSTON, MA       (617) 250-6244 BUFFALO, NY       (716) 834-6222 CHARLESTON, SC       (843) 556-0497 CHARLOTTE, NC       (704) 536-7676 CHICAGO, IL       (773) 723-6222 CLEVELAND, OH       (888.) 297-5568 COLUMBIA, […]

Midcentury Modern Homes Are Hot

Homes built in the midcentury modern style continue to fetch ever-increasing prices from preservationists and others who love their rich woods and minimalist design. The Kaufmann Housein Palm Springs, Calif., designed by Richard Neutra in 1946, brought $16.8 million with commission last week at a Christie’s auction. Marc Porter, Christie’s president in America, said the […]

Squatters Get Comfy in Abandoned Houses

Squatters are moving into foreclosed homes and posing as tenants so they can live in comfort until the bank either goes through the eviction process or bribes them to leave. In a process known as “cash for key,” the squatters call the bank and boldly ask for money in order to move. “There are people […]

Disgruntled Buyer Sues Buyer’s Agent

Daily Real Estate News  |  January 22, 2008 What are the responsibilities of buyer agents? A case being tried next week in North County, Calif., Superior Court will help decide that question. Buyer Marty Ummel is suing her buyer representative saying he hid information about what similar homes in the neighborhood were selling for because he feared […]