News About Properties

News about properties and real estate
August 30th, 2006

Four Corners Of Frustration [Central Florida]

Four Corners Of Frustration [Central Florida]

Welcome to Four Corners, one of the hottest growing communities in the shadow of Walt Disney World.

To some, however, it’s the Twilight Zone, a loosely defined area where four counties collide and residents have to cope with seven ZIP codes, three area codes and a trio of water management districts that until a few years ago divvied up one 388-home subdivision.

Homes that are comparatively cheaper than ones sold in Tampa and Orlando as well as a tolerable commute to those cities continue to add residents and further strain services.

August 30th, 2006

Welcome to Gentrification City [Los Angeles]

Welcome to Gentrification City [Los Angeles]

Teardowns. Evictions. Investment. Rebirth. And the significance of that new gelato stand. The perils and pleasures of gentrification

Paul Giannotti couldn’t wait another day to embrace the big city. Bored in his placid corner of the San Fernando Valley, he had been searching for a shorter commute, an apartment with charm and a much larger selection of restaurants. So he and his girlfriend, Dianne Marti, uprooted themselves from their three-bedroom ranch house in Granada Hills and headed for Koreatown, where they found a three-story walkup with two bathrooms and a balcony.

August 28th, 2006

Judge: Brasota ‘tricked’ investors

Judge: Brasota ‘tricked’ investors

Paperwork worthless in recovering claims after company’s fall

Mayez Zeine sold his business and invested a large chunk of the proceeds in the stock market. He invested some more in Brasota Mortgage Co.

The Sarasota man who is legally blind told his daughter about the company. She invested, too.

August 28th, 2006

Tech Booms, Real Estate Busts?

Tech Booms, Real Estate Busts?

Just as the Silicon Valley job market starts to heat back up, home buying hits the skids in the land of venture capitalists and tech startups.

The dot-com bubble is long over, but then there’s that other bubble—the one that folks in Silicon Valley often insist never happened here—real estate.

Yet, signs are pointing to the fact that it did occur and was doing a lot of heavy lifting during the post-bust years.

Western Union