Not everyone wants to buy a mold-infested foreclosure, but Dan Grohs does.
He and his Realtor are walking through a three-bedroom house in Minneapolis. The copper pipes have been stolen by vandals and the heat doesn't work, but Grohs recently bid on the house — and he sees potential.
"It's got a nice flow to it," Grohs says as he moves through the home. "You walk in — living room, dining room, kitchen. Good spacious rooms."
New Hampshire has a relatively high share of vacation properties….more than ten percent statewide, with heavy concentrations in resort areas. We’ll look at the impact of these get-away homes on property taxes, demographics, and jobs…also, how the second-home market may provide a bright spot in an otherwise struggling real estate sector.