At 76 years old, he”s not ready to retire
Saturday ~ July 07, 2009 by admin
At 76 years old, he”s not ready to retire.
Freeman Dilbeck, 76, is living the good life, enjoying what he considers his retirement: owning and operating Dilbeck Agency, an insurance and real estate business.’I don”t know anything I”d want to do more. I have my property and my grandchildren and my farm … what else would I do? I”ve got it all right now,’ Dilbeck said. ‘I wouldn”t be satisfied retiring.’Dilbeck opened the insurance agency in 1961 in Stillwater and expanded to include real estate a year later.’I was dealing with it in that the fact that part of my job was to make sure any subcontractors were insured,’ he said. ‘I love working with people and finding property … It”s rewarding.’He said he probably prefers the real estate business to insurance because insurance can deal with a lot of little details.After being relocated to Illinois and not liking it, Dilbeck moved to Stillwater, a place he”s called home for almost 50 years.’It”s just a great atmosphere we have here.’ he said.more
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Real Estate Market Rebounding, But Rising Prices May Stifle Demand
Friday ~ July 07, 2009 by admin
Real Estate Market Rebounding, But Rising Prices May Stifle Demand. National Bureau of Statistics figures from the first five months this year show sales of residential commercial housing in China up 25.5%, year on year, and sales income up 45.3%, over the same period of last year. With the high sales volume in March, April, and May, total sales even exceeded that in the same period of 2007. In some provinces, developers are raising housing prices. According to the China Index Research Institute, prices in May in 17 of China”s 30 major cities rose more than 10% over the previous month, the highest in Hangzhou, at 55.65%, and Tianjin at 22.22%. On June 9, China Citic Bank and its Spanish strategic investor BBVA jointly released a report saying housing prices in Beijing had risen 16%, in Shanghai 18%, and in Shenzhen 20% higher than the current general equilibrium price.more
Real estate market bubbles may be emerging in China”s major cities, and it”s anybody”s guess whether the industry rebound that started early in 2009 will see out the year.
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Real Estate
Thursday ~ July 07, 2009 by admin
Real Estate.
REALTY BUY-IN: Pedal to Properties, a residential real estate firm that gives prospective home buyers the option to tour neighborhoods by bike, has gained a new ownership partner and a new location.
Tim Majors, an Australian attorney and businessman, purchased a 50 percent stake in the company after relocating to Boulder. He joins Pedal to Properties co-owner and founder Matt Kolb. Terms of the deal were undisclosed.
Pedal to Properties will move to the 2,500-square-foot retail location at 1949 Pearl St., formerly occupied by boutique retailer Besos. Majors recently purchased the space for $920,000 from 1949 Pearl Street, LLC, according to Boulder County public records.
Chris Boston, Annie Lund and Dan Ferrick with Gibbons-White Inc. helped broker the real estate deal.more
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