diminished property values News

One Utah City’s Home Values Fall Due to Sinking Foundations

Retirees Karen and Richard Bennett were supposed to pay off their Woods Cross, Utah, home by 2013. Instead, they had to take out a $133,000 home equity loan that year to help pay for repairs caused by their home sinking …

Louisiana Lawsuit Alleges Pollution From Fire Making Residents Sick

About a dozen Slaughter, La., residents allege respiratory problems and diminished property values in a lawsuit filed in the wake of the Nov. 19 blaze that destroyed the Monolyte Laboratories Inc. chemical facility. The Advocate reports the suit, filed Tuesday …