How Big a Gamble Is a Condemned Home?

Condemned homes often sell for little more than the value of the land, which may amount to just a few thousand dollars.  But these transactions may take more time to navigate, since you usually must work with a bank or the government to purchase a condemned property. Buyers will need to know what or if any violations or liens are attached to the property’s title.

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Porches are Making a Comeback

More new homes are coming equipped with front porches. Sixty-five percent of new single-family homes started in 2016 included a porch, according to a Census data analysis from the National Association of Home Builders. It’s only the second time since tracking began that new single-family homes with porches have moved back above 65 percent. For comparison, in 2005, 54 percent of new homes had porches.

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