News about properties and real estate
Renter’s insurance advised for scatterbrained cooks Must tenant without coverage pay for fire damage? DEAR BOB: I rent an apartment in a large complex. About six months ago, I accidentally let my dinner cooking on the stove get overheated. It caused a fire that resulted in about $15,000 damage to my apartment. Fortunately, nobody was …
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Back to location, location, location [Southern California] The real estate boom endures in parts of the state, including cities east of San Francisco and some near L.A. The great real estate boom is dead. Buyers can check out dozens of houses without dreading that they suddenly will be priced out of a delirious market. Sellers …
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Some condo builders remain bullish [South Florida] Insiders think the middle market, around $400,000, still has life left in it. “The real estate market has its ups and downs, but we have a positive outlook,” said Brad West of Far West Properties, part of a group unveiling plans for Villas on Grove, 16 townhomes in …
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The High Cost of Too Good to Be True As the red-hot California real estate market sizzled in recent years, National Consumer Mortgage looked like just another residential mortgage company successfully riding the boom. It had lush offices in downtown Orange; the former baseball great Steve Garvey promoted its products in radio spots; and its …
Lee families bitter over builder [South Florida] RL Homes goes broke, won’t finish 120 projects Ken Smith’s family should have celebrated Thanksgiving in their new Lehigh home. Instead, Smith, his wife, Barbara Pandoff, 35, and boys Adam, 14 and Cayleb, 5, remain in a two-bedroom Fort Myers apartment where mom and dad sleep on a …
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Only the Strongest Survive [New York City] Although qualifying to rent an apartment in New York City is not yet as tough as winning admission to Harvard or Yale, it increasingly feels that way to a large contingent of aspiring tenants — even if they actually attended Harvard or Yale and easily passed muster with …
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