Piedmont Real Estate News
Oct 10, 2014 | via Politico
Larry Pressler, who is running for Senate in South Dakota as an independent, has his principal residence in Washington, according to District of Columbia tax records. Pressler, who served as a Republican in Congress from 1975 to 1997, and his wife receive the homestead deduction, a generous tax break meant for people who use their D.C. home as their "principal residence," according to the D.C. Office of Tax and Revenue. Comment?
4 min ago | via Counterpunch
Mike Whitney reports on the rapid metamorphosis of new Fed Chair Janet Yallin into a lackey for the bankers, bond traders and brokers. Comment?
5 min ago | via The Washington Post
U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers. The Standard & Poor's/Case-Shiller 20-city home price index rose 4.6 percent in January compared with 12 months earlier, S&P said Tuesday. Comment?
6 min ago | via WAOW
Accidents do happen but sometimes the end result can turn out better than expected. That was the case for one Seattle man who's story has gone viral. Comment?
7 min ago | via Curbed
After years of delay, the city of Chicago is nearly ready to sell off the Michael Reese Hospital site and make good on its investment. Built in 1881 and named after a local real estate developer, the Bronzeville complex was originally purchased for $91 million during the Daley administration as part of the failed 2016 Olympic bid and meant to serve as the Olympic Village. Comment?
11 min ago | via KRON 4
Up to 17,000 Detroit-area property owners have entered into payment plans hoping to avoid losing their homes to tax foreclosure, and that number will likely rise. Hundreds of applicants lined up before 7 a.m. Tuesday outside the Wayne County Treasurer's Office in Detroit before the tax repayment plan deadline. Comment?
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