The Math on a Money Pit: Is Buying the ‘Worst House’ in the Best Neighborhood Still a Smart Money Move?
“Buy the worst house in the best neighborhood” has long been treated as a golden rule of real estate. The thinking is that you get access to a desirable location at a lower price. Then, as the neighborhood’s more expensive homes appreciate, yours may rise in value, too. But the cheapest house on the
Inside the Midwest Housing Revolution Giving Artists an Affordable Path to Ownership
A St. Louis organization is working to revitalize lower- to moderate-income neighborhoods through art—but with a radical twist. Traditionally, artists move into underinvested neighborhoods, add cultural value, and are subsequently priced out when market-rate developers swoop in. The Art Place Initi
Billionaire Ken Griffin Buys Historic Cottage From City of Miami as Part of His Quest To Own a Full City Block
Billionaire hedge fund manager Ken Griffin now controls a full city block in Miami’s desirable Brickell financial district following a unanimous vote by the City of Miami Commission to approve the sale of a historic site to the Citadel CEO. The nearly $3 million transaction centers on the land benea
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