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Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically for any scam that misrepresents what is being sold.
MacArthur also increased his vast fortune by heavily and lucratively investing in Florida real estate. By the time of his death, he owned 100,000 acres of real estate in Florida. [ 8 ] In 1954 for $5.5 million MacArthur bought 2,600 acres (11 km 2 ) of land in northern Palm Beach County originally owned by Harry Seymor Kelsey and later by Sir ...
Lindsay Fanali, strategic real estate advisor at Real Estate Bees, said it’s absolutely not true that you need 20% down to even enter the market in Florida. “One myth I hear a lot is that you ...
Buying a home is tough right now. With home prices still inflated, inventory still low and mortgage rates near 8%, housing affordability is the lowest it has been in decades. Barbara Corcoran: 'If ...
Ivory Soap, 1800s. The original Ivory bar soap was whipped with air in its production and floated in water, although P&G discontinued this version of the soap in 2023, and the new version no longer floats. According to an apocryphal story, later discounted by the company, a worker accidentally left the mixing machine on too long, and the ...
The Treasure Coast real estate market in September saw more homes listed, fewer homes sold in St. Lucie County, an increased median sale price in Martin County and longer wait times to get a ...
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]
The sky appears to be the limit for South Florida luxury residential real estate. Billions of dollars in luxury condominium towers are in the pre-sales, planning and construction pipeline. March ...