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In 1962, "blockbusting" – real estate profiteering – was nationally exposed by The Saturday Evening Post with the article "Confessions of a Block-Buster," which explained how realtors gained profit by frightening white Americans to sell at a loss, in order to quickly resettle to racially segregated "better neighborhoods."
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.
General Acceptance Corp's origins go back to August 1933, when it was formed in Allentown, Pennsylvania. Initially focusing on car finance, in the 1950s, General Acceptance branched out into insurance, consumer, and real estate finance, followed by expansion into truck trailer and construction equipment manufacturing in the 1960s. [15] [4]
Frank Bertran Butler (1885–1973) was an American businessman who established a beach resort for African Americans in northeast Florida during the segregation era. He worked in Fernandina Beach, St. Augustine, and then St. Augustine's Lincolnville neighborhood where he established his own market as well as a real estate business. [1]
A sundown town is an all-White community that shows or has shown hostility toward non-Whites. Sundown town practices may be evoked in the form of city ordinances barring people of color after dark, exclusionary covenants for housing opportunity, signage warning ethnic groups to vacate, unequal treatment by local law enforcement, and unwritten rules permitting harassment.
From stock market news to jobs and real estate, it can all be found here. ... People 13 days ago ... A Florida 'condo cliff' is coming as owners deal with fallout from 2021 Surfside collapse.
In just half a decade, the median price of a single-family house in Florida rose $150,000, or 60%. According to Redfin, the average cost of a home in March 2018 was approximately $250,000. In July ...
William Jaird Levitt (February 11, 1907 – January 28, 1994) was an American real-estate developer and housing pioneer. As president of Levitt & Sons, he is widely credited as the father of modern American suburbia. In 1998 he was named one of Time Magazine's "100 Most Influential People of the 20th Century." [1]