Dan Gilbert, the billionaire Detroit real-estate investor, has shown he likes a bargain—snapping up downtown office properties for as little as $10 a square foot. But now he is negotiating to take control of Detroit’s Greektown Casino-Hotel at a price that isn’t deeply discounted. An affiliate of Mr. Gilbert’s Rock Gaming already owns some shares …
Monthly Archives: March 2013
Alberta man selling his $400,000 house for virtual money, rather than cash
The real estate listing shows a cozy house on a river in the Rocky Mountains. But there’s a twist: The owner of the two-bedroom bungalow is welcoming payment in an unregulated online virtual currency known as bitcoins. “I really wanted to get my hands on some bitcoins and they happen to be quite hard to …
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Florida home prices: Orlando prices exceed Florida home prices
Orlando area’s residential real estate recovery has outperformed that of other areas within Florida for single-family sales but the area’s condo market has lagged behind. Metropolitan Orlando’s residential real estate recovery has outperformed that of other areas within Florida for single-family sales but the area’s condo market has lagged behind. The four-county metro area’s single-family …
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To track housing recovery, follow the cash trail
Michael Gatlin built his three-bedroom home in Flushing, Mich., with his own two hands.At 3,000 square feet, it had plenty of room for his two young boys. The home sat on nearly an acre of land — or snow, depending on the season — and the kids took advantage of every inch.Gatlin recalls summer days …
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