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- The Sarasota condominium market, like practically every other condo market in the state, looks pretty bleak right now. Sales fell 30 percent to 1,510 during the nine months ended Sept. 24, from 2,160 during the same period a year ago, according to ...
- This summer, Michael Gold, developer of a much-hyped condo project in downtown Toronto, realized he was facing a problem. Just eight months after frenzied buyers lined up for days to buy units of the $450-million luxury skyscraper to be erected at ...
- The developer of the convention center at the state line will give an update on the project during Tuesday's meeting of the South Lake Tahoe City Council. The item is a presentation only, and the council won't take any action or give direction on the ...
- Millions of dollars are missing from the Atlantic Palms Resort condominium development in Myrtle Beach, including deposits from investors who never received their units, a situation real estate experts say points out a glaring weakness in South ...
- The third fiscal quarter has skulked into history, leaving a scar on the American mind. With Wall Street gripped to its Guccis by crisis, I was anxious to get the viewpoint of Mr. Adam Monk, Sun-Times-affiliated monkey, master of the markets and ...
- The economic shocks to the nation's banks, stock markets, credit industry and real estate business have forced Seattle-area residents to review their finances and save what they can. WHAT IS YOUR ECONOMIC STORY? Are you trying to get a loan to buy a ...
- Toronto developers who weren't too busy this week searching for new bankers to finance their pre-sold but un-built housing projects passed time gossiping about which of them would fail first. The targets of anxiety varied, but the consensus was clear ...
- Shaky financial markets have forced cancellation of two hotel projects downtown. Strategic Hotels & Resorts Inc. said Friday it has withdrawn from the purchase of hotel space within the Aqua condominium tower under construction at 225 N. Columbus ...
- In the first nine months of this year, lenders filed 55,737 foreclosure actions valued at more than $14.2 billion on properties in Miami-Dade, Broward and Palm Beach counties, according to Condo Vultures , a consulting firm in Bal Harbour. Broward ...
- WASHINGTON (MarketWatch) -- Question: Back in the summer of 2006, I represented a buyer in a purchase of a condominium in a new construction project in San Pedro, Calif. Times were great back then and my buyer had multiple properties. But she has ...
- America’s political dysfunction and its economic crisis intersected catastrophically today in the House of Representatives which failed to pass a bailout for Wall Street’s mess. At issue is President Bush lack of credibility. As commander in ...
- NEW 3:45 p.m. NORMAL — The chaos in the financial market has forced work on Uptown One to stop temporarily but developers say they still are committed to the project and hope the delay will only set it back a few months. “Our belief in Normal is ...
- SHE earned $2.5 million in eight years while her husband could barely hold down a job. She was so flush with cash that when her company posted her to Hong Kong in 2004, she handed her husband $700,000 for housekeeping allowance. But her husband used ...
- ARLINGTON, Va. -- Republican presidential candidate John McCain, who earlier this week rushed to Washington to help broker a deal on stabilizing U.S. financial markets, stayed away from Capitol Hill on Saturday as negotiators inched toward an ...
- A fellow Democrat said Sunday that House Ways and Means Committee Chairman Charles Rangel of New York, who is facing charges of financial impropriety, should step down from his powerful chairmanship while he is investigated. Rep. Mark Udall (D-Col ...
- When the top tax man in the nation gets in trouble with the IRS, that's news. Longtime U.S. Rep. Charles Rangel, a New York Democrat, is chairman of the powerful, tax-writing Ways and Means Committee in the House. At this point, his tax problems and ...
- Philadelphia mortgage broker Fred Glick said lending was now "all about credit, down payment and income, and the property has to appraise." A year ago, with a 520 credit score and low down payment, you could easily get a mortgage, he said. You can ...
- WASHINGTON : Barack Obama and John McCain spent time calling key negotiators Saturday to discuss a $700 billion financial bailout that has become a key issue in their presidential race before lawmakers early Sunday came up with a tentative deal on ...
- Less than a year after “Jim” bought a condominium in Orchards, the company he worked for shut its Vancouver operation. Jim, 60, (who asked that we not use his last name), had paid $175,000 for his two-bedroom property in 2007, thinking he would ...
- To understand how the credit crisis is hitting home in South Florida, consider the plight of Teresa and Hoover Encalada. The couple found a two-bedroom condo they loved at the Plaza on Brickell. At $434,000, the price was right. Their credit was good ...
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