Wild Housing Market Made His Modest Home a Hot Property

  • 📰 WSJ
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The real-estate boom has bargain-hungry property investors looking for deals in nondescript suburbs and small towns

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

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

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 98. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »