Word: three-bedroom
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...months, about 100 viewings and 30 rejected offers before he succeeded this past fall in purchasing a home. "Every time I put in a bid that I thought was reasonable, they wouldn't call back," he says. Serrano, a project manager for a demolition company, finally bought a foreclosed three-bedroom, two-bath house for $150,000 - more than $40,000 above the list price...
Beth and Brent Fite, of Redlands, Calif., prequalified in May for a $300,000 loan. After six months, they had three offers rejected. "They say it's been a buyer's market, but it really doesn't seem like it," says Beth, an administrative assistant for the city of Corona. At the end of the summer, the couple found the home of their dreams - a three-bedroom, two-bath house perfect for raising a family. They bid $25,000 above the asking price but were passed over for a cash offer...
...Fites are among those who might disagree. In late November, with their lease up and their options narrowing, the couple put in one more offer, on a three-bedroom stucco house in Highland. Again they were passed over for cash, but the deal fell through; in the end, their offer was accepted. "It was quite the roller coaster," Beth says. "We certainly lucked...
...slum harem. "The living conditions of the women were tragic," Israeli police spokesman Micky Rosenfeld told TIME. "When I entered one of the houses, I was shocked by what I saw. The filth was horrible, and there was nowhere to walk without stumbling on something. It was a three-bedroom apartment, where 10 women and 17 children were living." (See the top 10 crime stories...
...Philip Cummins, a 26-year-old electrician, bought a three-bedroom home in Adamstown in 2007 at the peak of the property boom. Like many first-time home buyers, he took out a 100% mortgage, which he pays off in monthly installments of $2,400. In the past two years, however, his apartment has dropped in value by nearly half. To make matters worse, he lost his job three months ago and has been unable to find work since. He's by no means alone. Ireland's unemployment rate has doubled in the past year, to 12.5%, and is expected...