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Florida land boom of the 1920s. 1922 Florida billboard promoting the sale of lots. The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and the poor building standards. This pioneering era of Florida land speculation lasted from 1924 to 1926 ...
General Development Corporation. Exonerated in 1991 for fraudulent home sales. Restitution was set up and succeeded by Atlantic Gulf Communities. General Development Corporation, also known as GDC, was a land development company in Florida. General Development Corporation would be created in 1958 after a merger between Florida Canada ...
Gulf American Land Corporation (GALC) was a land development company in Florida founded by brothers Leonard and Jack Rosen. During the late 1950s and 1960s, GALC was the largest land sales company in the United States. [1] The company is noted for its role in the development of Cape Coral, Florida, and pioneering the sales method of instalment ...
Babcock Ranch is a planned community located in southeastern Charlotte County and northeastern Lee County, Florida, consisting of approximately 17,000 acres (6,900 ha). [2] The community was named after Edward Vose Babcock, a lumber baron and former mayor of Pittsburgh, who purchased the land in 1914. The planned community was approved as part ...
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]
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