News about properties and real estate
Real estate slowdown is coming home across area [South Florida] Troubles in the market are acutely felt as home inventories rise, prices fall and expectations sink. Green, 39, is a real estate appraiser. He used to live in Seminole Heights in Tampa. He and his wife, Leah, have a 2-year-old son. Lester, 54, owns what …
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Lure of cash attracts investors [Indianapolis] The lure is easy money. No cash down. Just use your credit rating. That’s what got Tiamia Reese tangled in the failed 2002 real estate scheme that ruined Florida mortgage lender Oceans Funding and plunged 22 Indianapolis houses into foreclosure. Now, Reese is set to testify against David Day …
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The big empty drop-off [South Florida] Retailers flounder as large stores abandon shopping centers Television merchant Stan King is feeling lonely these days. He stands in the parking lot of Park Plaza in Port Orange and looks out on hundreds of empty spaces in front of his store. It’s been like that, he said, ever …
Flipping Houses in a Down Market My team and I flip houses in Michigan, where the housing market is currently experiencing a significant slump. Wherever these dips in the market occur, they often discourage investors, particularly novice investors, from flipping, but you don’t need to get discouraged. With the right adjustments, you can flip houses …
Sides in $300 million land deal head to arbitration [South Florida] Palm Beach Aggregates’ $300 million deal to sell 1,210 acres west of the village to Lennar Homes could be in trouble. And one of the key individuals who made the deal possible – convicted former County Commissioner Tony Masilotti – might have to testify …
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Is peace finally at hand on Fisher Island? [South Florida] After 10 years, a testy — and sometimes comical — court battle between Fisher Island’s developer and its wealthy residents is slated to end. Is there peace on the island? The pitched legal battle waged for a decade between posh Fisher Island’s haves and haves …
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