News about properties and real estate
Avalon leaves homes unbuilt [South Florida] Another Southwest Florida home builder has exited, leaving dozens of customers with unfinished homes and regulators dealing with a third-party contractor who qualified the company’s permits. Sarasota-based Avalon Homes left its offices at 379 Interstate Blvd. unfurnished, unlocked and deserted several weeks ago, its former landlord says. Meanwhile, the …
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Title company stays busy during slump The tight real estate market has meant tough times for title insurance companies throughout South Florida. For Equity Land Title LLC of Boca Raton, keeping busy during slow times meant thinking ahead, figuring out niches to create within the industry, or finding ways to set itself apart from the …
Family, friends in on real estate plot Web of fraudulent flips leads to prison for Todd Kolbe, problems for many others For almost 10 years, Todd Kolbe was the mastermind of an effort to defraud banks of millions of dollars by inflating the value of Southwest Florida real estate. Kolbe, a mortgage broker by trade, …
Robert Bruss: The pros and cons of flipping property Are you a real estate “flipper” or a “keeper”? Most home buyers are keepers, owning their houses and condos for five or more years. However, even as residential sales prices currently “stagnate” or “plateau” in most cities, according to the latest statistics from the National Association …
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After 20 Years, Rooms With a View [Southern California] Downtown’s Longtime Laughingstock High-Rise, 1100 Wilshire, Is Reborn As a Condo Complex Like an ugly duckling in its awkward teenage years, the triangular glass skyscraper at 1100 Wilshire has stuck out since it was built in 1986 as an office building. It’s been called names, and …
Future of Vista Meadows Golf Course up in air [South Florida] Residents who live along the Vista Meadows Golf Course are wondering about the course’s future after it was sold at a foreclosure auction Thursday to a company that intends to resell the property. A previous owner of the course said he believes it may …
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