News about properties and real estate
Cape agency, condo owners to discuss buyout [South Florida] A price can be put on land and buildings, but residents of Cape Coral’s Hurricane Charley-mauled Sunset Towers will be asked to put a price on their hopes today. The Cape’s Community Redevelopment Agency plans to discuss offering the residents a minimum of $11 million from …
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The Year the Bubble Didn’t Burst in Manhattan Pity the poor Manhattan housing market in 2006; it missed out on so many adjectives. As markets around it melted—Miami, Phoenix, Boston, pretty much the whole of flyover country—Manhattan’s remained utterly, stubbornly successful. You’ll have heard another story: that Manhattan’s housing market was red-hot in 2005 and …
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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 …