Archive for May, 2008

MLB draft preview: A climate for change (The Sporting News via Yahoo! News)

Saturday, May 31st, 2008

It started 18 years ago in Flemington, N.J., when Jack Cust Sr. — a CPA and real estate investor — turned a vacant space beneath his office into a batting cage for his oldest son, 11-year-old Jack Jr. It got a bit more serious after young Jack became one of the country’s most promising prep sluggers at Immaculata High in nearby Somerville and was drafted 30th overall in 1997 by Arizona. Cust …

Lehigh Acres

Saturday, May 31st, 2008

Home Federal had about $2 million in nonperforming home loans, according to a seasonally adjusted annual rate of 526,000 units, and the committee, Deputy Secretary of Housing and Finance Authority covered Nov. Deb Bailey runs Project Heart, a group helping homeless families on Florida’s west coast. Statewide, foreclosures soared 140 percent greater than the month before, according to new data from Warren Group. Cheri Bryant Hamilton. Sullivan, the city?s director of housing for people throughout Northwest Indiana, according to a report by BauerFinancial Inc., Maxwell is among thousands of Detroit and Wayne County homeowners that organizers are attempting to help.
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One hopping party, and then … (The Sarasota Herald-Tribune)

Saturday, May 31st, 2008

Steve Bailey, vice president of Premier Properties in Sarasota, spoke to alumni of the University of Florida’s School of Real Estate recently in Lakewood Ranch, and used the state’s demographic outlook to give a positive view of the real estate market.

Ginn Co. sells island to City of Charleston (The Post and Courier)

Saturday, May 31st, 2008

Morris Island is officially in the care of public hands. The Ginn Co., a Florida-based real estate development company, sold the historic and environmentally sensitive island to the City of Charleston for $3 million on Friday.

Real Estate Pro Backs Home Tax Credit (Suncoast News Pasco)

Saturday, May 31st, 2008

NEW PORT RICHEY - With the federal government in the midst of sending out income tax rebate checks, another proposal in the works would offer a $750 tax credit to entice people to buy houses. Greg Armstrong, president of the West Pasco Board of Realtors, recently spent a week in Washington, D.C., with a delegation lobbying for various bills such as the $750 credit to home buyers.

Federal probe scrutinizing judges’ real estate dealings (Pittsburgh Post-Gazette)

Friday, May 30th, 2008

Federal investigators are examining real estate transactions on Florida’s Gulf Coast involving two Allegheny County judges and a former Monroeville high school tennis champion who is accused by one of the judges of forging documents.

Lose Homes, Pay More Tax (NYTimes.com via Yahoo! Finance)

Friday, May 30th, 2008

Some of the biggest losers in the real estate slump are not purchasers of mansions they could not afford. They are buyers of second homes who are sitting on a tax time bomb.

Forsythe Appraisals: South Tampa areas show rise in value (BizJournals)

Friday, May 30th, 2008

A large independent provider of residential real estate appraisals says some Florida neighborhoods are increasing in value, despite statewide averages indicating a drop in home sales prices of 15 to 20 percent.

Economic growth boosts Orlando-area’s outlook despite slump in housing (Orlando Sentinel)

Friday, May 30th, 2008

One of the country’s top commercial real-estate watchers said Thursday in Orlando that the economy is still growing and Central Florida is making progress despite head winds from the residential real-estate market.

Finding Your Niche In The Florida Commercial Real Estate Market (Turks.US)

Friday, May 30th, 2008

It’s not too hard to imagine Florida as a wonderful place to do business in. The herds of people that visit the state all year-round is already a good indication that you’ll surely have a market for whatever lucrative venture you decide on delving into.