In agreeing to settle class-action lawsuits related to the proposed $2.9 billion bid by CVS, Long Drugs admits that it never sought a third-party appraisal to value the company’s real estate before approving the merger.

The old adage that one can't lose money on Manhattan real estate doesn't seem to be holding up. Recently released city records indicate that apartments in prime Manhattan neighborhoods are selling for less than their purchase prices — a phenomenon tha

| Could widespread designations of entire ZIP codes, metropolitan areas -- even entire states -- as ''declining markets,'' hinder a real estate recovery and hurt minority groups and moderate-income buyers disproportionately? Growing ranks of critics s

Q: Who orders an appraisal? A: Most appraisals are ordered by lenders, who use the information to determine the collateral value of a home when deciding whether approve a mortgage loan. But consumers can also order an appraisal, and might choose to do so

SUMMIT COUNTY — Summit County Fiscal Officer John Donofrio will offer real estate tax relief to property owners throughout Summit County who sustained wind storm damage to their property in the wake of the recent September storms.