Low real-estate prices—and sweet tax breaks—may make buying a condo preferable to student housing.
AUSTIN -- The Austin Board of Realtors released new numbers Thursday pointing toward positive recovery in the Central Texas real estate market. According to the report, home sales increased 15 percent in March 2012, compared to one year ago. Condo sales also grew by 37 percent year to year. The average median price for a single family home was $200,000 in March, up eight percent. The average ...
A developer pleaded guilty in US District Court for his role in a mortgage fraud scheme related to multiple condominiums sales in Massachusetts. Robert H. Odimegwu, 43, was convicted Thursday in federal court after admitting to 17 counts of wire fraud and money laundering related to the scheme, the US Attorney’s Office said. He faces decades in prison and a $250,000 fine for each count of wire ...