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Agents Try, Fail to Sell Lil Waynes Condo | De Latest News

16 hours ago ago from De Latest News

> The Florida housing market is bad enough. We don't envy anyone trying to sell a place there - especially the Miami real estate agents with Lil Wayne's listing. The Grammy Award-winning rapper's three-bedroom, two-bathroom pad in South Beach is up for sale for $520,000. He might want to consider staging it. Or at least cracking a window. A prospective buyer tells this story to the New York Post : "My fianc?e and I ...

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U.S. Bank Failures Reach 133 So Far This Year

16 hours ago ago from Daily Markets

Regulators have shut down 3 more banks in Florida, Arizona and Kansas; pushing up U.S. bank failures to 133 so far this year. U.S. regulators on Friday closed three more regional banks in Florida, Arizona and Kansas as the struggling economy continues to weigh heavily on banks. This takes the total number of bank failures to 133, compared to 25 in 2008 and 3 in 2007. While the state of the economy is showing signs of recovery, there are ...

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CENTRAL FLORIDA Real-estate bounce is starting small

8 hours ago ago from Orlando Business Report BLOG

Just past the two-year-old model home with the sun-bleached For Sale sign, beyond vacant lots and not far from the lone house on the cul de sac, new signs of life are emerging in the Pepper Place development in  Orlando 's Conway area. Contractors have begun building two houses in a subdivision that, like so many others, seemed comatose since Florida's growth machine choked and all but died two years ago. Claudio Menzerotolo bought ...

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Can the Housing Market Improve Without Goverment Help?

10 hours ago ago from HomeMortgage911.com

In this article the USAtoday wonders if the US housing market can recover without more government help. Until the debts are realized and written down by the banks, nothing is going to get us going again.  Think of the housing market as Argentina in 2001 when their economy collapsed. The banks that made the bad loans wrote them off and the economy recovered. That's what we should be doing. Colleen Wells heard the housing ...

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