Wild Housing Market Made His Modest Home a Hot Property

PENN HILLS, Pa.—Chuck Vukotich’s yellow-brick Cape Cod is one of five houses that crowd around a cul-de-sac not quite large enough to make a U-turn.

His parents bought the place in this working-class Pittsburgh suburb in 1961. He paid his mother $55,000 for it in 2016 to keep it in the family after she moved to a nursing home. The house isn’t for sale, but that isn’t a problem for bargain-hunting real-estate speculators. They call Mr. Vukotich multiple times a week offering to buy it. They fill his mailbox with fliers teasing all-cash deals and quick closings. Mr. Vukotich guesses he has received more than 100 inquiries.A housing boom that has sent prices soaring in such places as Austin, Texas, and Miami has come to Mr. Vukotich’s nondescript neighborhood.

Hazaras are being ethnically cleansed in Afghanistan. They’re in great need of attention from the international community esp. with the withdrawal of troops from Afghanistan. StopHazaraGenocide

this is terrible news

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meme Stocks Are On a Wild Ride, Led by AMCThe latest moves come amid a surge over the past two weeks in meme stocks, a frenetic rally reminiscent of the Reddit-fueled craze of late January. $GME is the only way Led by a CEO offering short sellers direct sells to cover their positions after the float keeps being eaten up. Visit the Reddit SUPERSTONK for peer reviewed journalistic integrity.
Source: WSJ - 🏆 98. / 63 Read more »