Keith Nowalk has had two houses on the market in Plum for a few years.
One house originally was listed at just under $500,000 and the other is listed close to $65,000. He can’t seem to sell either house. He’s cut the more expensive price by $150,000 over the last three years and moved a [...]

Southern California’s residential real estate market continued its wayward course in March with the median price reaching another record while sales declined to a 10-year low for that month, a market tracker said this week.
Last month the median price of a home in the six-county region rose an annual 4.6 percent to $505,000, said La [...]

Consolidated-Tomoka Land Co. says it earned nearly $5.8 million in net income during the fourth quarter of 2006 and just more than $14 million for the year.
The Daytona Beach-based land holdings company says those figures equate to net income of $1.01 per basic share for the fourth quarter ending Dec. 31, 2006, and $2.47 [...]

The housing market softened in 2006 but professionals aren’t anticipating a long-lasting slump. The market is only normalizing itself, experts say.
“The circumstances bringing the real estate market into balance are happening unusually quickly,” said Glen Scalise, president of the Conejo Valley Real Estate Association and brokerowner of Century 21 Rolling Oaks in Thousand Oaks.
In some [...]