My Affordable Real Estate

Investor interest in buying distressed assets is surging, and eBay-like auction sites are growing rapidly, with still bigger growth forecast.

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Buying a home may be the biggest transaction of your life, but that hasn’t kept many negotiations from being entrusted to e-mail and text messages.

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Buyers who are priced out of waterfront buildings are considering places like the Avenue at South Orange.At condo projects in Morristown and Union City marketers say they are specifically seeking buyers who may be priced out of the New Jersey waterfront buildings.

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Schermerhorn House provides small studio apartments for low-income workers in the arts and for homeless people.Half of the apartments in the Schermerhorn House in Brooklyn will be for low-income workers, mostly in the arts, and the other half will be for people who have been homeless.

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Antonio Palumbo and his fiance, Joanna Cambareri, found an Upper East Side duplex — but without any of Ms. Cambareri’s requirements.

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Deals are being done now but at lower prices, as some of the apartments sent to market after last fall’s financial maelstrom on Wall Street are just now beginning to sell.

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The Osgood file at the Department of Finance begins with the purchase of a pied-à-terre at the Osborne, the 1883 brownstone apartment building on West 57th Street and Seventh Avenue.

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When he’s not Tony in “West Side Story,” Matt Cavenaugh lives with Jenny Powers, Gina in “Happiness.”Matt Cavenaugh and his girlfriend, Jenny Powers, wanted to find a new apartment together, but decided that Ms. Powers’ $2,500-a-month apartment in the East Village was too good of a deal to lose.

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To thin inventories, many beleaguered builders have sweetened the incentive pot, offering upgrades, discounts, financing and payment protection programs.

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A mortgage modification bill in Congress would create problems like conflicts of interests and the elimination of certain liabilities.

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