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Real Estate News

The World's Tallest Flagpole. A Tiny Maine Town. An Idea Meant To Unite People Is Dividing Them

Published by Nikki Palmer on Thu, 07/06/2023 - 7:58am
This image from video provided by the Flagpole of Freedom Park in 2022 shows a rendering of a proposed world’s tallest flagpole in Maine. The 10,000-acre plot is in a township overseen by a state agency, neighboring Columbia Falls. (Flagpole of Freedom Park via AP)

COLUMBIA FALLS, Maine (AP) — Lobster boat engines rumble to life in quiet coves. Lumberjacks trudge deep into the woods. Farmers tend expanses of wild blueberries. Maine's Down East region is where the sunlight first kisses a U.S. state's soil each day, where the vast wilderness and ocean meet in one of the last places on the East Coast unspoiled by development.

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HomeVestors Said It Had Kicked Out A Top Franchisee Who Broke The Law. New Evidence Suggests It Didn’t.

Published by Nikki Palmer on Thu, 07/06/2023 - 7:53am

A California real estate investor continued to be involved with one of the country’s most successful “We Buy Ugly Houses” franchises years after pleading guilty to felony charges for misleading two elderly homeowners who signed below-market sales contracts.

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‘Sticker Shock’: Greek House Values Skyrocket. The Tax Bills Come Next.

Published by Nikki Palmer on Thu, 06/29/2023 - 5:00am
The Alpha Xi Delta house on the University of Nebraska-Lincoln campus. The sorority house was recently valued at $1.56 million, a staggering 534% increase over its old valuation. It’s one of many Greek houses on UNL’s campus that have seen their valuations skyrocket this year. (Courtesy Photo)

Greek chapters at the University Nebraska–Lincoln saw their building values jump nearly $1.2 million on average in one year, according to data from the Lancaster County Assessor’s Office.

“It was sticker shock,” said Assistant Director of Fraternity and Sorority Life Jon Gayer.  “Some of these groups are probably looking at a $100,000 increase in taxes.”

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More Than 2,600 Nebraska Homeowners Get Help From $50 Million Pandemic Relief Fund

Published by Nikki Palmer on Thu, 06/29/2023 - 4:00am
Homeowner mortgage/utility assistance online portal is open through June 30 at NebraskaHAF.com. The call center will be open, even after June 30, Monday-Friday, 8 a.m. – 5 p.m. Call 844-565-7146. (Josie Charron / The Daily Record)

OMAHA — More than 2,600 Nebraska property owners have received an average of $13,418 to help stay in their homes since the state early last year launched the pandemic-related Nebraska Homeowner Assistance Fund.

The program — which aimed to prevent Nebraskans from losing their houses over COVID-19 hardships — launched in February 2022 with a $50 million allotment from the U.S. Treasury Department.

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White House Unveils $42.5B To Connect Every American To High-Speed Broadband Internet

Published by Nikki Palmer on Thu, 06/29/2023 - 2:00am

WASHINGTON — The Biden administration on Monday announced $42.45 billion to connect all Americans to high-speed broadband internet by the end of the decade, likening the ambitious goal to FDR’s New Deal-era rural electrification program that brought the then-modern technology to farms and rural areas across the United States.

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Ten-X Offers New Tool For Omaha Realtors

Published by Nikki Palmer on Thu, 06/22/2023 - 5:00am

The Lund Company is firmly established in the Omaha real estate market, but that doesn’t mean the work gets easier. John Lund, the founder and chairman of the company had been trying for months, with no success, to sell the 95,000-plus-square foot Blondo Plaza shopping center. Nothing seemed to be happening.

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What An Exhibition By Artists Of The Vietnamese Diaspora Says About Home And Belonging

Published by Nikki Palmer on Thu, 06/22/2023 - 4:00am
The Gift, by Hoa Dung Clerget and Koa Pham. (Joseph Beeching)

Which objects create a feeling of home for you? A particular chair, a table, a teacup from your childhood kitchen?

Visitors to the current exhibition at London’s Museum of the Home are asked to bear this question in mind. Entitled No Place Like Home (A Vietnamese Exhibition) Part II, the show brings together eight artists, born and raised all over the world, who share roots in Vietnam.

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More Flexible Zoning Helps Contain Rising Rents

Published by Nikki Palmer on Thu, 06/15/2023 - 5:00am
Builders work on a home in Omaha, Neb. ( Nati Harnik / AP Photo)

A national housing shortage has driven up rents, leaving a record share of Americans spending more than 30% of their income on rent and making them what is known as rent-burdened. But in four jurisdictions—Minneapolis; New Rochelle, New York; Portland, Oregon; and Tysons, Virginia—new zoning rules to allow more housing have helped curtail rent growth, saving tenants thousands of dollars annually.

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Wayne State Group Seeks To Unlock Mysteries Surrounding Lonely, South Dakota Monument

Published by Nikki Palmer on Thu, 06/15/2023 - 4:00am
The monument to Hugh Glass, as seen today, at its new location. (Courtesy of Joseph Weixelman)

LINCOLN — On the windswept plains of South Dakota lies a lonely, century-old historical monument holding a literary mystery and wrapped up in a legal conundrum.

The concrete capsule honors mountain man Hugh Glass, who crawled, limped and rafted 200 miles after being mauled by a grizzly bear and left for dead by his colleagues in 1823 near modern-day Lemmon, South Dakota.

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You Could Buy 1000s Of Homes For The Price Of NYC’s Most Expensive Penthouse

Published by Nikki Palmer on Thu, 06/15/2023 - 3:00am

In 2019 a 28,000 sq ft penthouse apartment in New York City sold for a record $240 million. This led PropertyShark – an organization that covers real estate market trends, research reports, market studies, and company and industry news – to do a study on the 2022 housing market to see how many houses could be bought for that price.

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