BuzzFeed
real estate
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The 5 NYC Neighborhoods Tim Tebow Should Move To
Sports Buzz Tim Tebow is coming to New York. But where should he live?
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Dick Clark Has A Flintstones House And He's Selling It
Culture Buzz All that's missing inside is Fred, Wilma, a woolly mammoth using its trunk as a shower, and a bunch of dinosaurs doing the dishes, mowing the lawn, acting as a garbage disposal. I would live here in a heartbeat. (via laughingsquid.com)
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Some Guy In TX Gets Foreclosed $300K McMansion for $16
Culture Buzz Due to a little known law, Kenneth Robinson of Flower Mound, Texas has taken adverse possession of a $300K McMansion for a $16 filing fee. There's no power or water, but if he stays for three years, the house is his. As you might guess, the neighbors are just a wee bit upset that he figured out how to legally acquire a house without going into debt up to his eyeballs. (Via)
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The R. Kelly Sex Tape Mansion Is For Sale
Culture Buzz The Chicago mansion where R. Kelly filmed his infamous sex tape (in real estate irony, a converted church) is back on the market for only $3.5 million. The agent plays dumb when you ask about the strange urine smell in the basement.
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Link: 15 Detroit Houses You Can Buy For Less Than $500
http://www.businessinsider.com/houses-for-1-dollar-2010-12
![[link]](http://s3-ak.buzzfed.com/static/images/public/icons/external-link2.png)
You know you always wanted a crack den for Christmas.
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Link: U.S. Home Sales at Lowest Level in More Than a Decade
http://www.nytimes.com/2010/08/25/business/25econ.html?pa...
Sales of previously occupied homes plunged in July despite low mortgage rates, in part because of an expired tax break, an industry group reported.
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Link: Real Estate’s Gold Rush Seems Gone for Good
http://www.nytimes.com/2010/08/23/business/economy/23decl...
Many economists now believe that the days of banking on an asset that could only rise in value are gone for good.
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Link: Demanding Buyers Hinder the Housing Market
http://www.nytimes.com/2010/06/17/business/economy/17slum...
Buyers are walking away when sellers refuse last-minute demands, making a drop in sales worse than expected.
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Link: Home Construction Fails to Lift Recovery
http://news.yahoo.com/s/ap/20100616/ap_on_bi_go_ec_fi/us_...
Homebuilders are sending a message: They won't be able to contribute much to the economic recovery now that government home-buying incentives have vanished.
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Link: In Appraisal Shift, Lenders Gain Power and Critics
http://www.nytimes.com/2009/08/19/business/19appraise.htm...
A change meant to curb conflicts of interest may have opened new problems in the real estate industry.
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Image: Tina Fey’s Apartment
Gawker has photos of Tina Fey's new UWS apartment. It is huge and fancy and cost $3.4 million, which fuck it, Tina deserves. Note: that is not her decorating, so don't hate.
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Real Estate BUIs
Business Buzz The real estate market is so bad that brokers are getting their clients drunk in hope of a BUI (Buy Under the Influence). This has been QVC's business model for years, but I think people are more impressed with an omelette pan than a duplex Co-op when drunk.
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America’s Most Miserable Cities
Culture Buzz According to an index measured by “great unhappiness and emotional distress,” Forbes has compiled a Top Ten list of where America hurts the most. Between rampant poverty, toxic waste, and unemployment rates, Detroit is officially the best place to go if you want to justify why you spend so much on your studio apartment anywhere else.
