News about properties and real estate
Marinas watch, wait for end to slow dock market [South Florida] Southwest Florida’s dockominium industry – going full speed ahead three years ago – is going through a no-wake zone now, say owners and builders. But long term, they say, individually owned spaces in a dry dock facility are still a good investment because they …
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Condo resorts: The good life can help generate a great income The sound of gentle Gulf waves washing ashore accentuates the tranquility of an early morning on the beach. The subtle shift of color and light is unique each evening as the crimson sun sinks into distant waves. These are the basics of a great …
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Sheila Bair’s Mortgage Miracle What do you do if you’ve spent your career encouraging mortgage loans to people who can’t repay them? Barney Frank’s answer is to grill federal officials on why they aren’t preventing foreclosures. Infuriated at the difficulty of modifying mortgages, the Beltway crowd doesn’t understand that such contracts weren’t designed to let …
Mortgage rates dip, but cash is still king The drop in mortgage rates during the past week is bringing out fresh buyers to a tired real estate market, but only a few of them are scoring. Rates hovering at 5.38 percent are drawing some fence-sitters with good credit who figure rates are not likely to …
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Real estate a trap for metro Atlanta couple When housing was hot and credit easy, Nadege Adam and Jude Valles gorged. Together and separately, the couple bought a five-bedroom house in Smyrna, a condominium in Smyrna for his mother and another condo at an intown development that was creating a lot of buzz at the …
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Even luxury real estate projects falling into foreclosure The rains fall on the just and the unjust. And foreclosures happen to the high end and mid-range of the real estate market. Earlier this month, Regions Bank filed a foreclosure lawsuit against Polo Field Estates LLC, developer of the luxury Azura community in suburban Boca Raton. …
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