Property prices in Michigan plummeting

Property prices in the state of Michigan are plummeting, with values in the Detroit area down by 9.7% and prices in the fellow automotive city of Flint down by a staggering 24%, according to research by city assessors.

21 February 2012

Al Capone’s former Miami beach house on sale for 9.5 million USD

Al Capone's former Miami beach house has been listed for sale at $9.5 million.

16 February 2012

Demand for foreclosure properties increasing

Bargain savvy buyers are increasingly investing in bank owned or foreclosed properties in order to snap up deals, with interest in foreclosure properties increasing in 21 out of the 25 countries surveyed by the Royal Institution of Chartered Surveyors (Rics) Global Distressed Property Monitor.

15 February 2012

Whitney Houstons New Jersey mansion on sale for 1.75 million USD

After years of being on and off the market, the New Jersey mansion which played home to recently deceased Whitney Houston and ex husband Bobby Brown has been advertised as a private listing for $1.75 million.

15 February 2012

Most expensive home in America on sale for 125 million USD.

The most expensive estate in America, located in the upmarket Los Angeles enclave of Holmby Hills, is on sale for $125 million.

13 February 2012

US mortgage giant plans massive auction of foreclosure properties

America's Federal Housing Finance Agency has approved a giant residential real-estate auction at Fannie Mae (the Federal National Mortgage Association) to help the mortgage giant unload its inventory of 122,616 foreclosed houses.

7 February 2012

Case study - Ray Somers, Sarasota

Ray Somers from London bought a one-bed condo in Sarasota last summer. It's part of his pension plan, and he has plenty of tips to share with readers, reports Liz Rowlinson

31 January 2012

Foreclosure properties decline to 20% of American home purchases

Foreclosure and distressed sales fell to 20 per cent of U.S. home purchases in the third quarter of last year, according to RealtyTrac Inc.

26 January 2012

Theme park expansion as Orlando beats New York on visitors

Proof that American recovery is in sight, Universal Studios and Walt Disney World Resort are pouring millions of dollars into expansion programmes.

24 January 2012

U.S housing most affordable in the English speaking world

Would-be American home-buyers can take heart: U.S. housing is more affordable than in other English-speaking countries in the world, according to a worldwide study of metropolitan areas.