News about properties and real estate
Realtor knew Cape Coral in earliest days [South Florida] Gloria Raso Tate remembers Cape Coral as it used to be, before the population hit six digits, five digits or even four. Tate is a Realtor with Raso Realty in Cape Coral, a firm started by her late father, Joe Raso. Just 400 people inhabited the …
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Two banks square off over former Steffen property The fallout continues to spread over a prominent developer shutting down operations amid financial troubles. Two banks are squaring off over the possible foreclosure and sale of a Midtown building. Business Bank of St. Louis filed suit in St. Louis County Circuit Court to prevent the sale …
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Home costs hit levels of 2004 [South Florida] Median home prices in Miami-Dade and Broward counties last month fell below $300,000 for the first time since 2004. A growing number of homes on the market, including foreclosures and properties owned by banks, plus sellers who have dropped asking prices, are contributing to the continued declines. …
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R.O.I. – WSJ.com Maybe the smart way to play the real-estate crash is to come down here and rent. You can live in an amazing, brand-new condo, high above Biscayne Bay, for about $2,000 a month. And there are plenty of desperate owners who need the income. The cash doesn’t come close to covering all …
Southwest Florida: Garage sale economy | news-press.com | The News-Press Garage sales have morphed in Southwest Florida from a means to purge the flotsam and jetsam in people’s lives to simply helping them survive. A plunging economy, soaring gas prices, the highest unemployment rate in 15 years and skyrocketing foreclosures are forcing Southwest Florida residents …
Strip’s vaunted condo-hotels losing their luster [Las Vegas] Like some Vegas act that landed with big expectations but is struggling to gain traction, condo-hotels are having a tough time on the Strip. When they made their appearance here, these hotel-affiliated condominiums that can be rented by their owners as hotel rooms were pitched as a …
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