News about properties and real estate
Builder left homes undone; CEO faces arrest [South Florida] Alisha Buckingham just wanted a two-story home. At the time, only two home builders in the city offered models with that specification. Contracting with Avalon Homes, she and dozens of other families learned, was a costly decision. Avalon collapsed last fall, leaving 50 homes unfinished and …
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Builder’s sales on track despite cancellations [Central Florida] Steve O’Dowd, 53, president of Engineered Homes of Orlando Inc., an employee-owned production home-building company based in Winter Park. O’Dowd spoke with staff writer Jerry W. Jackson. Question: Late last year, you were fairly confident about local home building for 2007. Has the extent of the slowdown …
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Will property tax relief help you? The Legislature’s proposed changes to the way counties, cities and school districts levy property taxes could save you thousands of dollars per year. Or not. Some changes could mean dramatic savings for owners of businesses or second homes but do little for year-round homeowners. On the other hand, a …
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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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 …
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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