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Bella Fiore nearly sold out
http://www.reviewjournal.com/real-estate/bella-fiore-nearly-sold-out
All three floor plans feature gourmet kitchens with oversized islands and granite countertops, and paver driveways. Additionally, the 2,922-square-foot plan includes an outdoor courtyard in the middle of the home and an option to build an upstairs

Community experiences eventful year for news in 2013
http://www.gazettechicago.com/index/2014/01/community-experiences-eventful-year-for-news-in-2013/
Community experiences eventful year for news in 2013 The Chicago Public Schools tore down Whittier Elementary School's library and community gathering place, La Casita Parent Youth Center, amid community protests… Bronzeville's Patricia Hill suffered from mistakes by mortgage companies, resulting in an 

Luxury home and casita for sale with views of the magical town of Patzcuaro

www.liveinpatzcuaro.com Beautiful, high-end, luxury home and casita for sale with views of the magical town of Patzcuaro, Mexico. Situated on a ...

Sundial owner Bill Edwards puts Snell Isle house on market for $6.2 million

ST. PETERSBURG — St. Petersburg entrepreneur Bill Edwards, former owner of the Tampa Bay Rowdies, is shedding more of his holdings.

This week, a waterfront house that Edwards built next to his own mansion on Snell Isle hit the market for $6.2 million. It is the priciest current listing in that upscale neighborhood near downtown St. Petersburg.

"I don't use it,'' he said. "I thought it'd be a guest house but I don't have enough guests in there to make sense. I thought it was good investment and I still believe it is.''

In January, Edwards sold a unit in the 400 Beach Drive condo tower downtown for $2.375 million. And last fall, he sold the Rowdies to the Tampa Bay Rays for an undisclosed sum.

READ MORE: Bill Edwards: Rowdies will stay in St. Petersburg ‘for at least five years’ under deal with Rays

The 74-year-old Edwards continues to manage the Mahaffey Theater-Duke Energy Center for the Performing Arts under a long-term contract with the city. He also owns the Sundial entertainment and shopping complex downtown.

A subprime horror - Mexico's Housing Debacle

One of the harsher aftershocks of Mexico’s housing collapse came from subprime-like mortgages given to the working poor, people who didn’t qualify for loans from Infonavit, Mexico’s giant housing finance agency.

Both types of loans featured rising monthly payments, and the total amount owed also increased. But the subprime loans were structured to increase at a higher rate.

For investors, those escalating payments provided a hedge against inflation and currency fluctuations. But for homeowners, the onerous loan terms led to defaults on a massive scale.

Ten years later, a cyclone of foreclosures continues to cut a slow-motion path of financial destruction across Mexico. It’s the latest stage of a housing collapse that left developments plagued with infrastructure problems and abandoned homes. Now banks and bondholders are extending their reach into the decaying tracts to seize homes.

In Silva’s neighborhood in eastern Tijuana, mailboxes are stuffed with foreclosure notices. Cul-de-sac gates are locked in mostly vain attempts to keep out eviction crews. “Is the bank trying to take away your home?” reads a sign with a phone number to call, nailed to a teetering utility pole.

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