News about properties and real estate
Trailer park sold, but no big changes planned — yet [South Florida] The owner of a dilapidated trailer park has sold the property to pay off her debts. Though nothing is changing for now, the new owners said they will consider building low-income housing on the site in the future. Little Farm Trailer Park, a …
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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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Wal-Mart construction sends land prices soaring Since construction of a Wal-Mart Supercenter began across the street, Debbie Leahy has been bombarded with offers to buy her home. For-sale signs dot her neighbors’ lots and line the rural highway. And she can’t go into town without being asked, “Have you sold yet?” or told the latest …
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