Highlights
A collection of news and information related to Property published by Tribune Company sources.
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Area home sales begin to stabilize, but price drop accelerates; average is below 2005 level
The decline in home prices in the Baltimore metro area accelerated last month - the average fell below the 2005 figure - but the hemorrhaging in sales came to a near-halt. The average sale price in Baltimore and its five surrounding counties dropped to...Tags: Thanksgiving, New Year's, Banking, Real Estate Buyers, Real Estate Sellers
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Daley sees fee hikes as budget fix
Chicago Tribune reporterThe price of parking downtown, taking a city ambulance and going to a ballgame or concert would increase under proposals the Daley administration floated Friday. Also on the table to fill a sizable budget hole: slapping the Denver boot on cars with two...Tags: Regional Authority, State Budgets, Economic Policy, Budgets and Budgeting, Midway Airport
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Florida officials give property appraisers leeway
Bargain sales prices could now equate to bargain property taxes as well for home buyers. With foreclosures and pre-foreclosure sales flooding South Florida's real estate market, state tax officials gave local property appraisers more leeway Friday in...Tags: State Budgets, Sales, Foreclosures, Real Estate Buyers
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Right to give owners chance to catch up
In the 1920s, my father and his brother were buyers of commercial property in Baltimore. They were conservative investors. They only purchased property if the bank would lend them 50 percent of the purchase price. There came a time in the early 1930s...Tags: Financial and Business Services, Bank of America Corp., Mortgages
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A tale of two Orlands
Chicago Tribune ReporterThere's a reason the village of Orland Park has twice since 2005 ranked in the top 100 in Money Magazine's Best Places to Live survey. The public schools are highly ranked and respected, there are plenty of restaurants and dining options, tons of...Tags: Small Businesses, Real Estate Agents, Restaurant and Catering Industry, Real Estate Buyers, Metra
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$38 million Hamptons home set to hit the market
laura.mann@newsday.comIt seems all the recent bad economic news has not dimmed the expectations of those in the Hamptons real estate game: A 4-acre property on Meadow Lane in Southampton is set to hit the market soon with a price tag of $38 million, sources tell Newsday....Tags: Sotheby's Holdings Incorporated, Condos and Houses, Southampton, Rentals, Citigroup Incorporated
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State panel will tackle ballooning of Citizens Property Insurance Corp.
South Florida Sun-SentinelHow can state leaders shrink Florida's state-backed home insurer which has become a behemoth? That's the question the Citizens Property Insurance Corp. Mission Review Task Force will start exploring at its first meeting today in Tampa. State legislators...Tags: Parliament, Heads of State, Government, Farms, Meteorological Disasters
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Property taxes on distressed homes sold at discount in South Florida often based on true value
South Florida Sun-SentinelReal estate ads these days include listing after listing of bargain-basement prices. But those who buy a home in a foreclosure or a pre-foreclosure sale should know that future property bills may be no bargain. Just because someone snags a home at a...Tags: Fort Lauderdale, Broward County, Real Estate Agents, Real Estate Buyers, Mortgages
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Buyers Sought For Hartford Steam Boiler
The Hartford Steam Boiler and Inspection Co., with its downtown Hartford presence and 383 employees, could be sold as its beleaguered parent company seeks to sell units to repay an $85 billion loan from the federal government. American International...Tags: American International Group, Employers, General Electric Company, Employees, Henry Paulson
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Refi or keep an ARM loan?
Q I have a hybrid mortgage that is fixed for the first five years at 4.25 percent, and is tied to U.S. Treasury securities. The loan document notes that the index value is 2.1 and the margin is 2.75. The first "change date" on the loan is Nov. 1, 2009. My...Tags: Hospitals and Clinics, Mortgages, Money and Monetary Policy
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Got buyer jitters? Read this
They're a couple in their early 30s––a computer technician married to a bank teller. They have stable jobs, a down payment in the bank, and an intense desire to escape their cramped apartment for a home of their own. In fact, the couple has...Tags: Real Estate, Real Estate Agents, Real Estate Buyers, Loans, Homes
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Council allows more rentals at Oxford Trail development
247-7874++++++++++++++++++++ || || ++++++++++++++++++++ — The Atlanta-based developer who built apartments at Oxford Trail near Newmarket Creek and N. Armistead Avenue was given permission to build more rental units despite an original agreement that called...Tags: Condos and Houses, Rivers, Rentals, Apartments, Bodies of Water
Oct 11, 2008
|Story| Baltimore Sun
Oct 11, 2008
|Story| Chicago Tribune
Oct 11, 2008
|Story| South Florida Sun-Sentinel
Oct 10, 2008
|Story| Baltimore Sun
Oct 10, 2008
|Story| Chicago Tribune
Oct 10, 2008
|Story| Newsday
Oct 10, 2008
|Story| South Florida Sun-Sentinel
Oct 9, 2008
|Story| South Florida Sun-Sentinel
Oct 9, 2008
|Story| Hartford Courant
Oct 10, 2008
|Story| Chicago Tribune
Oct 10, 2008
|Story| Chicago Tribune
Oct 9, 2008
|Story| Hampton Roads Daily Press
