Houses in Syracuse are sitting on the market longer than almost anywhere else in the United States, according to new data released from Realtor.com. Only eight other markets in the country have a longer median age of inventory than Syracuse, according to the website. The median time for a house to remain on the market in Central New York is 132 days, compared to cities such as Sacramento, Calif., and San Francisco, where houses are on the market for two months or less, according to the website. The Read more [...]

The price of a West Vancouver waterfront property has gone up from $30-million to $38-million even though it failed to sell when first listed in 2011. Adding to this jaw-dropping news is the fact that the agent with the listing says the 5,500-square-foot home itself “has no value” — the buyer would undoubtedly tear down the home and start afresh, since the house is “very, very dated” and has not been upgraded. The details could describe many houses in Canada: Four bedrooms, three bathrooms, Read more [...]

Comments (10) What makes a mansion? I put up a list last time the mansion tax was being talked about. But for amusement’s sake, here is another compiled by an irritated London house-owning friend. You can see why the whole thing makes Londoners so furious. But the list also does a good job of proving the point that you don’t Read more [...]