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Many mass-market home builders are getting into the custom-home game -- once almost entirely the province of boutique builders. The reason is simple: Custom-home building is more profitable for builders and the big attraction for home buyers is the cheaper price.
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A medical examiner said that Scott Coles, the late chief executive of real-estate lender Mortgages Ltd., died on June 2 as a result of suicide induced by alcohol, oxycodone and zolpidem.
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Lenders are triggering lawsuits from builders as they clamp down on construction financing. The disputes are turning heated as banks go after the builders' personal assets to recoup losses from soured housing developments.
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More colleges are starting to loosen their grip on campus housing and strike deals with specialized developers to help meet housing needs. For investors in the bruised world of REITs, student housing can be a defensive bright spot.
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The owners of a resort community in the desert outside Las Vegas placed the project in bankruptcy proceedings.
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A Fortress fund tied to mortgage-backed securities is down about 30% as investors flee the sector, fearing a spate of defaults.
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Over the past few years, real-estate entrepreneur Sam Nazarian has injected new buzz into the Hollywood club scene and now intends to resurrect Vegas with the same kind of cool. The odds, as they say, are against him.
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Predictions that half-a-million overseas visitors would attend the Olympics accelerated a surge of hotel construction in China. But all that building may have produced a glut of rooms in one of the world's prized hotel markets.
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Supermodel Gisele Bündchen and quarterback Tom Brady have both re-listed their former Manhattan pads. A homeowner has listed the former Phoenix house of Republican presidential nominee John McCain for $12 million. Photos
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Home vegetable gardening is surging thanks to rising food prices and health scares with commercial supplies. Some people are paying thousands of dollars to have landscape architects design and install high-end vegetable patches.
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ABOUT |
CONDOS |
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REPLY |
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HOME
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Thomas Delmore
Realtor/Broker
Local Direct: 808-242-1467
Toll Free:
1-888-Delmore(335-6673)
E-mail:
Tom@Delmore.net
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