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Real Estate Vultures
some parts of the country, housing prices are falling at double-digit rates. A bad situation for homeowners, but a possible opportunity for investors. Money reporter Stacy Johnson explores what's next, and who might benefit...

David G. Bigda, 47 Was real estate developer
David G. Bigda, a former workout officer with the FDIC and real estate developer, died of AIDS on March 4 in his Boston home. He was 47. Born in Bay City, Mich., he graduated from Western Michigan University in 1972. He moved around the country before settling in Salt Lake City for six years. While

Publication: The Boston Globe

Michigan town feels economic boom after Air Force base closing. (Originated from Knight-Ridder Newspapers)
OSCODA, Mich. _ Shortly after the Rev. William Cargo, his wife, Alice Jo, and their two boys moved to town in 1988 to run the United Methodist Church, they began hearing whispers that Wurtsmith Air Force Base was going to close. But they also heard that the rumor circulated about every five years.

Publication: Knight Ridder/Tribune News Service

Let the buyer be aware: Prices have fallen, inventory is up.(Business Lives)
Byline: Marti Benedetti In three regions of Michigan, vacation-home prices have fallen or are flat, inventory is abundant and only sellers pricing their properties realistically are attracting buyers, according to real estate agents and brokers in the state's Northwest, Northeast and Thumb. We have

Publication: Crain's Detroit Business

Why Seniors Pick Alternate Sites
N ot many Chicagoans have heard of Eufaula, Okla., or Chewelah, Wash. They are among the tiny towns on a list of alternative (to the Sun Belt) retirement areas compiled by Century 21 Real Estate Corp. Real estate agents were asked what is drawing seniors to the alernative spots, and to provide

Publication: Chicago Sun-Times

OBITUARY.
[H] David G. Bigda of Boston, at 47, worked for FDIC David G. Bigda of Boston, a former workout officer with the FDIC and a real estate developer, died at home March 4 following a lengthy battle with AIDS. He was 47. Born in Bay City, Mich., he lived in Salt Lake City for six years and moved to

Publication: The Boston Herald

Looking for a vacation home? There's plenty at all prices.(Business Lives)
If you've been thinking about buying a vacation house or an investment property Up North, you can count on a large inventory to choose from and prices ranging from below $50,000 to more than $1 million. Listed properties are plentiful because of the state's faltering economy and high gasoline

Publication: Crain's Detroit Business


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