Between 2011 and 2012, high–end flipping soared 456 percent in Phoenix (150 properties from 27); 867 percent in Orlando (29 homes from 3); and to 73 properties from 10 in Las Vegas, according to RealtyTrac. To qualify as a flip for the figures, a home …
In the case of the five super-high–end developments, real estate industry executives at the very least appeared to have underestimated the backlash from a bill passed in Albany in January carving out tax breaks for the projects. Now the five developers …
American Homes 4 Rent, the California-based real estate investment trust founded by self-storage billionaire Wayne Hughes, spent $US3.3 billion, on more than 19,000 houses. "These Wall Street guys employed huge dollars," Brzeski said. "These firms came …
It's also a functionality of market prices, we have to observe and we have to face reality that in the competitive landscape we have right now, market prices have been driven down substantially and this is because of the temporary weakness of our …
What Mr. Meyer has done with the Post is all the more creditable for having been accomplished in one of the most fiercely competitive newspaper cities in the U.S. Washington has five dailies (counting the round-the-clock Times-Herald as two) against …
Russian billionaire Vladimir Potanin says he told Gates how the Microsoft Corp. (MSFT:US) co-founder could persuade the wealthiest people on the planet to hand over much of their fortunes to charity under the Giving Pledge program organized by Gates …
“Question, if old media like newspapers are a dying business, why are successful billionaires like Bezos, Buffett, and Zuckerman drawn to them?” McLaughlin asked. Without skipping a beat, Zuckerman marvelously replied, “Because they no longer wish to …
The Board of Education and County Council are worried that more high-dollar projects and amenities recently approved for affluent communities are unfair to other schools. Here are the privately funded projects for Montgomery schools that cost more than …
The Forward Progress TV show reaches more than 68 million households, focusing on the issues most relevant to a diverse audience of educated, affluent viewers. The show offers informative stories on business, education, health, travel and lifestyle …