Will Wall Street Bonuses Revive NYC Housing?

As goes Wall Street, so goes the New York City real estate market. While Americans West of the Hudson might decry the return of big investment bank bonuses others-say, local real estate agents or upper and middle class homeowners who are living next to empty, or worse, sublet houses and co-ops-are relieved to see ... Continue Reading »

Pandora's Profitablity Means More Music for All

Some people are late to the Pandora party, shucking out 99 cents or more for downloads from iTunes or Amazon (or heaven forfend, buying vinyl or CDs in an actual brick and mortar store!) Chumps! With the music recommendation service's announcement Tuesday that it will be profitable this quarter, hopefully it will be ... Continue Reading »

Why D.C. Condo Sales Are Booming

Condominium sales in the Washington area jumped 34 percent last year, with a total of 2,350 units sold, according to a year-end report by Delta Associates. At the same time, that hasn't kept prices from dropping. New condo prices dipped 3.7 percent in the District, slumped 6.2 percent in Northern Virginia and fell 6.9 ... Continue Reading »

Sinkhole Swallows Florida House; Trailer Park Evacuated

A 10-foot deep sinkhole swallowed part of a home in Plant City, Florida. According to the Tampa Bay's WTSP, Nancy Regan and her boyfriend found themselves escaping through a back bedroom window as the ground swallowed up their home. Both the Regan's home and a neighboring home have been condemned. In nearby Polk ... Continue Reading »

Real Estate Pioneer and Century 21 Co-Founder Dies

On the eve of an initial public offering of Century 21's Chinese operation, Art Bartlett, the co-founder of Century 21 Real Estate Corp., died at age 76. Best known for their trademark yellow blazers, Century 21 was the first franchise-based real estate company to take off in the United States. Mr. Bartlett sold his ... Continue Reading »

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