Page 165 - Condos News Today

You can kick them out of that space. sounds like you are interested in building a grocery store and condos. >> we said okay, we are go -- and we end up with no legal grounds for any other property anywhere on the three miles because they say if you justify doing that for them how can you legally justify not doing that for us. we told them until they want to move they can stay there forever. >> im glad that is on tape because we will hold them to it because we dont want to move. >> as the judge r...

He likes to be, in montecito, california, what do the numbers say. >> reporter: nice day today, supposed to be 88° -- >> dont tell us about that, we have snow coming! >> reporter: i know! it is fantastic. it will come your way, eventually. martha: thanks! >> reporter: numbers are significant here, you know, you mentioned 28% and we have the numbers now that came out from january and they say nearly 31% of all homes purchased in california, in january, homes and condos, 31% were all cash buyers ...

Coast, cash sales are up. 32% of all properties purchased in january were purchased with cash. that compares with 26% in january last year. columbia university real estate professor christopher mayer. >> i think the cash purchases in the market are really a function of where we are in the cycle, the challenge of getting financing and, you know, what i think some people puerceive as real opportunities to purchase property. >> reporter: many are investors that fix up condos or houses and fix them ...

Here is steven michaelson a board president favors the smoking man and audrey silk for citizens lobby against smoker harass: morning. steven defend this. you are telling people and new york city to tell people they are not allowed to smoke in condos and co-op buildings. >> i want my building to tell us that and not the government. based on the fact we get constant complaints of the smoke. >> we pay upwards for $4000 for a small 1200 foot apartment. you tell people what they can do? >> if it is i...

Owners and friendds around them. >> i get people complaining my high heels and the lady next door complains if my tv is too loud. >> we stand on a principle and a consistent principle that private property owners have the right to make rules in the end. however, its my place to say wrong that is and why that shouldnt be done and why these are squeaky wheels that are making it an issue based on the antismoking crusade that is trying to influence the condos. >> i will say lets say i have a baby an...

For 80 years, weve been inspireby you. and weve been honored to walk with you to help you get where u want to be. ♪ because your moment is now. let nothing stand in your way. ♪ >> smokers cant light up in restaurants and bars in our count rye and in new york city may may not be allowed to snoke in their homes. condos and co-ops are trying to ban smoke indoors.

Understand is that this mortgage debt relief act does not apply to investment properties. so, for example, if you have an investment property where somebody went out and bought homes or condos and theyre foreclosed on, that law does not apply to investment properties. thats why tax advisors become very important when youre having any kind of debt forgiven. its very, very important. >> ainsley: i go to my accountant yesterday and had my taxes done and i just put it in his hands. i dont really kno...

Use >> the city has filed to seize this property under eminent domain laws davis says this would be the fifth time hes given up property to the city either by seizure or negotiation and it doesnt end here >> the depot has plan b to set up shop on this piece of property he owns several miles away but city officials say not so fast this land is zoned residential and planners want condos and apartments, not an auto repair shop >> there is neighborhood opposition, people are afraid of some of the tr...

The boom, it was close to five years. so prices really have come down. question is, are they going to come down more. that is always the gamble. >> gregg: the average home price in miami is $166,000, down from 371. wow, that is quite a drop? >> investors are beginning to jump in. that is good sign? >> its very good sign. investors are jumping in and jumping in with cold, hard cash. these want these deals to go through. they are not getting mortgages the you can buy condos in miami, in florida fo...

Thanks jen. gregg as you likely know the housing market in america is in the basement, but theres a silver lining to an incredible basement bargains out there on houses and condos. were going to tell you where to find the best deals. and millions of americans are unemployed. were going to tell you how to bring home the bacon by starting your own business for free, or very close to it. workplace expert tor why johnson will us with us. -- westbound with -- will be with us.