Posts with tag Gulf Coast real estate

House of the Day: Bringing Home the Exotic Tropics

You can't always escape on exotic getaways to Puerto Rico or Cabo San Lucas, but if you lived in this dazzling waterfront home you'd never need to. This stunningly colorful and luxurious $6.875 million home in Naples, Fla., is like a tropical resort, but better. Nestled in the exclusive Port Royal subdivision by the... Continue Reading »

Gulf Coast Real Estate Still Mired in BP Spill

The BP oil spill may be receding from national headlines, but Realtors in and around the Gulf region are still in the thick of it. A survey released Tuesday by analytics firm Clear Capital reveals that nearly one-in-four respondents is reporting continued negative impact on the local real estate market. Of those impacted... Continue Reading »

Feinberg Promises Real Estate Agents Compensation for Gulf Coast Losses

Kenneth Feinberg told an audience at the University of West Florida today that he plans to negotiate a financial package for real estate agents affected by the Gulf oil spill. Feinberg, administrator of the Gulf Coast Claims Facility as of Aug. 23, said he did not think agents had a "legal claim for their loss," but... Continue Reading »

Gulf Spill Update: Florida Real Estate Developer Sues Halliburton

The largest landholder in the Florida Panhandle is suffering huge losses due to the BP oil spill. And it's looking for someone to pay. The St. Joe Company, a real estate developer in Florida that owns 577,000 acres of land near the Gulf Coast, filed a suit against Halliburton Co. on Aug. 4, asking for more than $1 billion... Continue Reading »

Gulf Coast Real Estate Threatened by Oil Spill

Five years after the catastrophic Hurricane Katrina, real estate players are predicting that BP's oil spill has the potential to hinder the Gulf Coast more severely than that epic storm. "This will be 100 times worse," says Christine Weber, a real estate agent near Biloxi, Miss., who says she can already smell the fumes... Continue Reading »

AOL RealEstate on Facebook