News about properties and real estate
An Investors’ Dream or Just a Mirage? [Southern California] Ashraf Fahim insists he is not a gambler. Yet when he decided to begin betting on real estate, he headed straight to the high-stakes table in California’s remote desert. Two years ago, as some experts cautioned that soaring housing prices were creating a market bubble, the …
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Un-Real Estate [Yellowstone WY] “Is the Jackson Hole real estate market hot?” Ron Miller ponders the question. “I can’t answer that. There are niches. With my condos at the Village, I’m swatting buyers off. But my place at Indian Trails, I can’t find a buyer.” Miller, the responsible broker for the Jackson Hole Real Estate …
Unsuspecting Internet buyers paying thousands for unbuildable lots Old-time swamp peddling has gone high-tech, thanks to Internet-auction sites such as eBay. The pitch – speculation on near-worthless Florida real estate – is decades old. But today, a new generation eyeing property for investment or retirement is buying land that’s miles from civilization, has no roads …
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Reaping a Profit, With the City’s Help [New York] Soon after Lovelynn Gwinn moved into her three-story town house in West Harlem six years ago, she received a call from the F.B.I. telling her that a woman had been thrown or had fallen from a nearby building. That wasn’t the only bad news about her …
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‘Like Monopoly, but with real money’ A sluggish real estate market is bringing new life to an old transaction: the swap. Paul Forsberg worried about selling his Punta Gorda waterfront investment house for what he thinks it is worth. He also was keenly interested in postponing a hefty capital gains tax he’d owe on the …
Hospitality’s Outlook Couldn’t Be Rosier Over the next year and a half, thousands of individuals will be visiting New York and trying to find a hotel room. They’re in for some good news: During that time we can expect close to 5,000 new rooms in New York City — about 4,000 of those will come …
Continue reading “Hospitality’s Outlook Couldn’t Be Rosier – August 31, 2006 – The New York Sun”