Good news for builders - 08/18/09 06:03 PM
Single-Family Home Construction Rises
Construction of single-family homes rose 1 percent in July, the fifth month of continuous increases and a 37 percent rise compared to last winter when housing construction hit bottom, the U.S. Commerce Department announced Tuesday.Construction of apartment buildings fell 13 percent in July, which pushed the combined level of construction starts down 1 percent to a seasonally adjusted annual rate of 581,000 units. This number surprised some knowledgeable observers who had predicted an overall increase.Applications for building permits also declined in July, down 2 percent from June to an annual rate of 560,000 units. Most economists ignored … (1 comments)

Ponzi schemer's properties for sale - 08/05/09 06:56 PM
Convicted Ponzi Schemer's Properties Hit the Market
 
The federal government is about to sell off more than $20 million in real estate owned by Ponzi scammer Bernard Madoff. Properties for sale include his Upper East Side Manhattan duplex; valued at $7.5 million; his 3,000-square-foot, Long Island, N.Y., beach house, $7 million; and his 6,475-square-foot Palm Beach, Fla., mansion on the Intracoastal, $7.5 million.Besides these properties, the Feds are selling Madoff's 55-foot fishing boat for $1.5 million, approximately $6 million in furniture, and they've already unloaded a three-bedroom vacation house on the Cote d'Azur for $1.48 million. Some observers say … (3 comments)

 
Mike & Cindy Jones Jacksonville, Fl Real Estate (904) 874-0422 (The Real Estate Station - INI Realty Investments Inc.) Rainmaker_large

Mike & Cindy Jones Jacksonville, Fl Real Estate (904) 874-0422

Jacksonville, FL

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The Real Estate Station - INI Realty Investments Inc.

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Selling your Jacksonville or Orange Park home, vacant land investment property in todays highly competitive real estate market. Pricing and marketing are the name of the game today. Buyers, get information on how to take advantage of one of the best buyers markets ever



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