Texas Gov. Rick Perry Rents Home, Taxpayers Foot the Bill

This is a story about what I call America One versus America Two. In America One, only a very small fraction of the millions facing the prospect of losing their homes to foreclosure are actually helped by the Obama administration's mortgage modification programs. While in America Two, a fat-cat politician (well, OK, so ... 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 »

Goldman Sachs Tries to Make Its HQ Disappear

You know how when you were a kid, and you maybe did something you shouldn't have done? But you had to go back to school the next day, so you really hoped and wished and prayed that somehow, magically, you would be rendered invisible to your fellow classmates when you walked into the room? That you wouldn't be noticed? That ... Continue Reading »

Chicago Real Estate Rescue? A Piece of Cupcake

Forget about unrest in Athens, or whether some idiot broker might have sold billions instead of millions of shares -- helping to send the stock market into a thousand-point plummet. This is the story of how a cupcake, or in this case, cupcakes, may breathe new life into Chicago's real estate and rental markets. There is ... Continue Reading »

Cuba Real Estate: Si (for Golf!)

Think of Cuba, and what comes to mind? Castro? Of course. Revolution? Naturally. Political prisoners? Certainly. Exploding cigars? Sure. ( I still love those handy CIA smokes.) But what if I said: "Golf courses by foreign real-estate developers"? Would you think I had slipped on a banana and hit mi cabeza? I didn't. At ... Continue Reading »

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