Real estate: Just the right price If you’re getting ready to sell your home and thinking of asking a little more than $200,000, you might want to think again. “I would definitely drop it to $199,999,” said Bree Fary, an agent for Keller Williams Realty of Brevard in Melbourne. If there’s a bright spot in …
Category Archives: Breaking News
Is Save Our Homes Portability Selling Houses? [Tampa Bay Area]
Is Save Our Homes Portability Selling Houses? [Tampa Bay Area] Raymond McIntyre’s office generated an interesting set of numbers this week: 222 people have moved to Highlands County, and brought their Save Our Homes tax exemptions with them. Just 75 homeowners left the county, and applied to transfer their Save Our Homes elsewhere in Florida. …
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Lawsuit pits 2 Gumbergs against brother
Lawsuit pits 2 Gumbergs against brother A feud splitting one of Pittsburgh’s best-known real estate families went public this week as Andrew and Lawrence Gumberg filed a lawsuit accusing their older brother Ira of misappropriating millions from joint holdings worth $500 million. The two younger Gumbergs claim Ira Gumberg and Braddock Hills-based J.J. Gumberg Co., …
Banks in Jeopardy
Banks in Jeopardy Tens of millions of dollars in loans have gone bad at Southwest Florida banks during the real estate slump. Are those banks ready to handle them? Federal regulators are worried that some banks in Florida and across the nation may be ill-prepared to deal with their battered loan business. U.S. banks have …
Cheap Chic: Home-Price Erosion Hits the $5 Million-Plus Market
Cheap Chic: Home-Price Erosion Hits the $5 Million-Plus Market A slice of the good life — the really good life — has gotten a lot more affordable lately. From Miami to Beverly Hills, homes with bowling alleys, theaters, steam rooms, heated decks, six-bay garages and other luxury must-haves are sitting on the market for at …
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Deal maker facing criminal charges
Deal maker facing criminal charges Jeffrey J. Lauro was another of those energetic builder-developer deal makers who appeared to have the knack for making millions during Southwest Florida’s real estate boom. People who met him said the 37-year-old entrepreneur was everywhere at once — planning condo projects in Deep Creek, manufactured home projects in Inverness, …