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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."
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Clarks Summit is a borough in Lackawanna County, northwest of Scranton in Northeastern Pennsylvania. The population was 5,108 at the 2020 census . [ 3 ] It is also the northern control city of the Pennsylvania Turnpike Northeast Extension , I-476, though the official terminus is in adjacent South Abington Township .
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.
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