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Wealth lost in Orlando's foreclosure crisis: $720 million
Orlando has lost an estimated $720 million in wealth since the peak of the real estate market, particularly among low-income families, as a result of the area's wave of foreclosures, a national housing nonprofit reported Tuesday. The findings by the...
Tags: Services and Shopping, Financial and Business Services, Mortgages, Rick Scott
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$190-million mansion in Connecticut tops Realtor.com listings
The thing about "vanity pricing" is … it does provide exposure. There’s nothing quite like planting a for-sale sign at the top of the price spectrum to draw notice. With that in the mind, the nation’s real estate attention span --...
Tags: Jennifer Love Hewitt, Services and Shopping, Greenwich, John F. Kennedy
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Elmhurst to purchase gas station
Elmhurst is buying more real estate, this time paying $1.77 million for a Marathon gas station city officials say they need to complete the Hahn Street area the city has long wanted to redevelop. Three aldermen opposed the purchase, citing concerns over...
Tags: Services and Shopping, Politics, Homes, Real Estate Buyers, Car Repair and Maintenance Tips
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In the Hamptons, catering to the rich (and their dogs) is good business
ReutersEAST HAMPTON, New York (Reuters) - Judging by early demand for everything from doggie daycare to Ferrari rentals and fine art, rich Americans are going to make this a strong summer in one of their favorite playgrounds - the beach towns on the eastern...Tags: Bellmore, Restaurant and Catering Industry, American Express Company, Memorial Day, Jennifer Lopez
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Canada bank regulator says watching housing risk, pleased so far
ReutersBy Andrea Hopkins TORONTO, May 21 (Reuters) - Canada's top banking regulator said on Tuesday she is focused on the risk Canada's big banks face from low interest rates and real estate lending, but is happy that the housing market is moving into more...Tags: Politics, Homes, National Government, Finance, Services and Shopping
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Home-buying frenzy: Strong demand collides with scarce inventory
Miami HeraldCover Story The Open House on a leafy street near South Miami featured a snack wagon with cupcakes and chilled beverages, but the real draw was the newly listed house for sale for $435,000. Over a two-hour stretch on a Sunday afternoon, 44 groups of...Tags: Federal Housing Administration, Homes, South Miami, Sunny Isles, Real Estate Buyers
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Domestic violence shelter to open by Danville Realtor
WDBJ7 ReporterRight now there is no shelter in Danville for abused women and children. A businesswoman wants to change that. Alfrieta Bennett-Reaves is using her Realtor office as a business center for a new domestic violence shelter called Grandma's House. She...Tags: Abusive Behavior, Services and Shopping
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OptimumBank leaders determined to ride out storm
The numbers would make anyone blink: Bad loans account for nearly a fifth of Fort Lauderdale-based OptimumBank's $88.6 million loan portfolio. But this isn't a tale of woe from the Great Recession. It's happening this year. There may be more bad times...
Tags: Fort Lauderdale, Services and Shopping, Foreclosures, Banking, Federal Deposit Insurance Corporation
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Too many defaults on modified mortgages
Considering the hoops that too many borrowers have to go through to obtain mortgage modifications, the news from the Treasury Department wasn't encouraging. In an April 24 report to Congress, the Office of the Special Inspector General for the...
Tags: Economy, Business and Finance, Services and Shopping, PNC Financial Services Group Incorporated, Financial and Business Services, Mortgages
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Yuma second in nation for mobile homes
The Sun, Yuma, Ariz.Yuma is well-supplied with manufactured homes. According to a U.S. Census Bureau report, 29 percent of housing units in the Yuma metro area are mobile homes. That's plentiful enough for second in the nation, not too far behind Farmington, N.M. (where 32...Tags: Services and Shopping, Media Industry, United States Census Bureau, House Building, Rentals
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7.7% of April O.C. home sales were foreclosures
Orange County RegisterHomes that had gone through a recent foreclosure made up the smallest proportion of the Orange County housing market last month in more than five years, figures from DataQuick Information Systems show. DataQuick reported that 256 of the homes resold...Tags: Services and Shopping, Orange County Register, Foreclosures, Homes
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Inside Penny Pritzker's portfolio: How a billionaire invests
By Melissa Harris and Gail MarksJarvisHow do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...Tags: Sales, Morningstar Incorporated, Financial Markets, Royal Caribbean International, Investments
May 21, 2013
|Story| Orlando Sentinel
May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| WDBJ7
May 21, 2013
|Story| South Florida Sun-Sentinel
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Column| Chicago Tribune
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