In the 1970s, the former teacher bought two acres north of the city of Homer, Alaska, and built a house there. He later expanded the residence into a triplex and now hopes to sell it to help fund his retirement.
Lower Manhattan is undergoing a transformation. Once stuffy buildings are being transformed into plush condos, and blue-chip retailers are beginning to covet the street synonymous with money.
The area boasts the world's most expensive commercial real estate offering Victorian buildings that have become coveted addresses for media firms and hedge-fund managers.
In this week's weekly news roundup we take a look at sagging sales in Southern California, home flippers in New Orleans, foreclosures in one university town, a power struggle in Orlando, Fla., and why Austin, Texas, is hot.
Manufacturers are hoping to plug into the growing electronics market by equipping nightstands and coffee tables with spaces to hide cords, devices and power strips.
