A commentary in the Daily Business Review. "Realtors can't cry over condo mess they made." By: Jack McCabe Every now and then, I read an opinion piece from a local real estate person complaining about the condo depression in Miami that screams of "still in denial," and which I opine to be an...
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Blame Game and the Art of un-Stonewalling the Opposition. In his first State of the Union Address, President Obama again reminded us “…we had a one-year deficit of over $1 trillion and projected deficits of $8 trillion over the next decade. Most of this was the result of not paying for two wars,...
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The Las Cruces Sun News reports from New Mexico. "Verde Realty has scrapped plans for a city-size residential and commercial development on almost 24,000 acres it owns in Santa Teresa. In 2005, Verde announced plans for the 25,000-home master-planned community on mostly vacant desert at the edge of...
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It's Friday desk clearing time for this blogger. "Spanish Trail, one of Las Vegas' most affluent gated communities, is starting to feel the pinch of the recession. Some residents are outraged that Spanish Trail association directors have started a $4.1 million remake of the landscaping and plan to...
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On October 27, 2009, Gayle Broadbent-Ferris passed away after an accident near her home. On this blog, we knew her as OlympiaGal. Her sister wrote this to me: "Gayle was such a lively writer, we all loved to get any letters or emails from her. I am glad that you also got to experience her wit and...
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The San Francisco Chronicle reports from California. "Banks are under pressure from the Obama administration to participate in its Making Home Affordable program to rewrite mortgage terms. But only about 7 percent of the 850,000 homeowners enrolled have received permanent modifications. More...
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The Great Falls Tribune reports from Montana. "The new owner of a real-estate agency in Great Falls says Central Montana is a far better market than her former home state of Arizona. Kathee Kalthoff recently bought an agency established 10 years ago. 'The Montana market is consistent, there are not...
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It was quite a week in the annals of Legacy Bashing. First, Edward Kennedy’s forty-year efforts to reform the health insurance industry appear to have come to naught with Scott Brown elected to fill his vacated Senate seat. And two days later, John McCain’s campaign finance laws go down in flames...
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