Fortune. • Things are gonna get brighter. Girls Who Code, led by Reshma Saujani, has a new campaign. Called “Sisterh>>d,” the campaign celebrates
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The CEO of Kiddar Capital, a Falls Church asset management firm, is accused of lying about the size and value of his company and defrauding
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Fannie Mae and Freddie Mac followed Mr. Black's discussion and it was the moment many attendees were waiting for! Jeremy Staudenmaier, Fannie
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As Fortune's Radhika Marya ably reports, businesses across the region are still dealing with the aftermath of the devastating fires. One she profiles is
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PASADENA, Calif., Oct. 8, 2018 /PRNewswire-PRWeb/ — Fortune determined the Best Workplaces for Aging Services by utilizing their research
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The Las Vegas real estate market is very close to achieving long-term stability compared to the last few years. Finally, after some time, significant
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Neil Armstrong was a humble man, but an avid collector. Among the items he gathered were pieces of the wing and propeller from the 1903 Wright
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While the cancer preventative properties of the chemical compound resveratrol, found in grape skin and seeds, has been demonstrated for the
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To this day, Frank's passion continues to be guiding Real Estate Brokers to new heights by helping them increase their productivity, grow their market
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NAPLES, Fla., Oct. 8, 2018 /PRNewswire/ — Naples real estate broker Heather Caine and agent Katie Werchek are set to appear on HGTV's House
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Mortgage credit availability decreased 0.8% in September compared with August, falling to a score of 182.1 on the Mortgage Bankers Association's
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Advisors Asset Management Inc. grew its stake in shares of Marriott International Inc (NASDAQ:MAR) by 44.2% during the 2nd quarter, according to
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EDINBURGH — South Africa's banking giants have had it good for a long time – and the good times are set to continue. That's the message contained
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Recently, Smartlands, a blockchain-based asset tokenization platform inked a deal with Colliers, a Canadian real estate firm to explore ways of
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Morgan Stanley lifted its position in Mettler-Toledo International Inc. (NYSE:MTD) by 47.9% during the 2nd quarter, according to the company in its
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“People who buy real estate should have a sense of that property and [the … But the market ground to a halt after the housing bust of a decade ago.
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Several other large investors also recently bought and sold shares of the … BlackRock Inc. grew its holdings in Superior Industries International by
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After Brexit referendum, the annual growth of the real estate prices in the UK has slowed down, especially in London where a negative annual growth
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Mixed-use projects, which blend commercial, residential, retail and more, have become increasingly popular across the United States as real estate
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As an agent armed with this knowledge, you might be able to pull more people “off the shelf” and put them into their first home. Freddie Mac offers
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… dealmaking among companies and investors. He speaks with Bloomberg's Anna Edwards and Ruth David on “Bloomberg Markets: European Open.
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On the Friday, October 5 edition of Bloomberg Baystate Business we spoke with Jeanne Varney from the Cornell University School of Hotel
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Saudi Crown Prince Mohammed Bin Salman told Bloomberg News in an interview last week that Khashoggi, a contributor to the Washington Post, had
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Home Point Financial, a national mortgage originator and servicer, announced Monday it is partnering with Capsilon, a provider of mortgage
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By George Georgiopoulos. ATHENS (Reuters) – Greek bank shares came under renewed selling pressure on Monday as a rout in Italy's
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Second charge lender Optimum Credit Ltd is to be acquired by Pepper … which includes a UK second charge loan book of more than £450 million. … in relation to second charge mortgage origination, drawing on existing funding
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D Magazine says the city wants to add roughly 6,000 of those affordable units by next year, and it will need to step up its use of low-come housing tax
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Home Point Financial is a national multi-channel mortgage originator and servicer. With the goal of providing a superior customer experience, Home
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Buying G. Willi-Food International makes you a partial owner of the company. Your equity share is granted in return for the capital provided to the
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Brett Kavanaugh's tenure as a Supreme Court justice will always be tainted by his partisanship, but Democrats will make a big mistake if they insist on
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As a real estate professional, you understand that one of the first places your potential clients go when looking for a home is online. In fact, 94 percent
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Acclaimed by art critics for her innovative work during her exhibition in the Shanghai Duolon Museum of Modern Art in 2005, Xie Aige (b.1977) has
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1 international property portal, Juwai.com is the only entity able to provide a … In total, international property acquisitions by investors from mainland
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He was afforded one slice of fortune, when on 51, when he walked down the wicket to Nathan Lyon's off-spin then opted to kick the ball away without
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Hubbell Realty is seeking to raise $20 million for a real estate fund, according to an SEC filing. Based in West Des Moines, Iowa, Hubbell is a provider
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The book is closed on Brett Kavanaugh's nomination to the Supreme Court. But while he has been confirmed to the highest court, the story isn't over
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Hurricane season 2018 isn't slowing down just yet. The Florida Panhandle is on alert as Tropical Storm Michael works its way to the northern part of
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WATERS RONALD V, Director, sold 5,000 shares of the Fortune Brands Home & Security, Inc. (NYSE:FBHS) in an exchange that happened on April
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In earning the Great Place to Work Certification and making the Fortune list for 50 Best Workplaces for Aging Services, our employees clearly support
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The real estate industry isn't panicking however; a broker for Douglas … told the WSJ that the slowdown was actually a healthy shift for the market.
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Meanwhile, six in 10 Hongkongers were “pessimistic” about the local economy in the coming six months, while four in 10 thought local home prices
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A class action lawsuit brought against Google with the goal of collecting £3 billion ($3.5 billion) in compensation was blocked in the U.K. high court on
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Leading African financial institution, Guaranty Trust Bank (GTBank) is atop a new generation of multinationals in developing markets with the
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South African bond yields climbed to the highest this year and the rand weakened to a one-month low as traders digested news that Finance Minister
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Shares of Manitex International Inc (NASDAQ:MNTX) have been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that
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… it by now,” the Italian company's chairman, Andrea Illy, said at the press conference to announce a deal reported by Bloomberg News on Friday.
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GE Capital has been bleeding billions because of insurance losses and an investigation into WMC, a subprime mortgage lender that GE shut down a
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… chief executive officer and co-founder at Tiberius Group, discusses the outlook for aluminum with Bloomberg's Guy Johnson on “Bloomberg Markets.
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Several communitywide events, including a mortgage burning ceremony, will … The church construction loan was converted to a regular mortgage in
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'African Art Is Here to Stay': Collectors Were in a Buying Mood at the London … The fair that helps launch artists' international careers gives collectors
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Bloomberg News reported that the microphone and camera can be turned off, and some of the computing functions are done on the devices
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The report, Open Banking IT Services: Orchestrating Experiences in the Platform Economy – Services PEAK Matrix™ Assessment 2018, placed
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A look at the shareholders of Sapiens International Corporation NV … We can see that Sapiens International does have institutional investors; and they
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Matthews International (NASDAQ:MATW), which operates in the basic … investors should pay attention to MATW's financial health before hitting the
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This is likely to be led by global buying, but investors need to keep a close eye on structural shifts in the occupational market as both an opportunity
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30,000 crore ($4.05 billion) for the year to June, 2019 in an effort to make funds available to housing finance companies, the finance ministry said on
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A look at its monthly performance shows that International Business Machines Corporation (NYSE:IBM) has recorded a 1.8% gain over the past 30
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NEW DELHI: The Supreme Court Monday directed RBI to communicate its decision on the representation over banks delaying passing on the benefit
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In order to receive the title, companies must have high scores in all categories. Some of the categories included in the surveys are workplace
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Stay Alfred, a short-term rental company that operates out of multifamily properties, just raised $47 million in its Series B funding round.
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Goldman Sachs' Marcus brand represents the Wall Street's broker/dealer's foray into consumer lending, with some home improvement loans thrown in
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SPRINGFIELD, Mo. On Monday night the Springfield City Council will consider bringing back a pilot program that will provide loans to first-time home
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(Reuters) – Santander UK said on Monday it had appointed Susan Allen as head of its retail and business banking operations in the
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The Bank of Thailand's new rules to tighten mortgage lending are credit-positive to reduce property speculation, says Moody's Investors Service.
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At the time of writing, the 14-day ADX for Apollo Commercial Real Estate … A reading under 20 would suggest no trend, and a reading from 20-25
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… launched Monday, to be as un-creepy as possible. Bloomberg's Mark Gurman reports on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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Dimon's gambit worked: J.P. Morgan boosted investment-banking fees for … Amazon, Apple and Microsoft executives will be interviewed by bankers
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The wholly-owned Old Mutual Zimbabwe subsidiary is the largest mortgage lender in the country. Hammond said Cabs was also in negotiations for
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Nubank offers a virtual credit card and digital banking managed through a mobile app. The no-fee products are attractive in a local market attempting
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And, only $75 was paid to the state in taxes and $73 to the title company. The balance of the $1,900 the new resident paid Law-Rose was deposited
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Diving in to some trend analysis on shares of Monmouth Real Estate Investment Corporation (MNR), we note that the trendspotter opinion is currently
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RSI Alert: Monmouth Real Estate Investment Corporation (MNR) stock … Twenty-day SMA is useful at identifying swing trading trends lasting twenty
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Don Stebbins became the CEO of Superior Industries International Inc … if Superior Industries International Inc insiders are buying or selling shares.
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Equity markets are teetering. …. The more than 50 economists and strategists surveyed by Bloomberg News didn't expect the yield to get this high until
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International Tower Hill Mines Ltd. (THM) shares have been seen trading -32.05% off its 52 week- peak value and changed 82.32% from its 52
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Investors Title Co (NASDAQ:ITIC) institutional sentiment increased to 0.88 in Q2 2018. Its up 0.11, from 0.77 in 2018Q1. The ratio improved, as 22
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Locantro stands to win A$15,000 from Koukoulas if Sydney or Melbourne or national house prices fall by more than 35% from their peak at any stage
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Baroness Altmann will ask what the plan for these older people is, how prepared they are and how they have made their plan for the later stages of life
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Shares of China Lending Corporation (NASDAQ: CLDC ) got a boost, shooting up 141 percent to $1.93 after the company earlier reported it is
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Real estate agents, lawyers and accountants have won a reprieve from tough new anti-money laundering measures with the federal government
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… Andrew Keene discusses the recent market volatility and his options strategy with Bloomberg's Abigail Doolittle on “Bloomberg Markets: The Close.
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The group's mortgage portfolio has increased from $5.4 billion in FY17 to $5.9 billion in FY18. Speaking to The Adviser, TMB CEO Steven James
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Anonymous sources at Google revealed that the digital titan exposed the private data of hundreds of thousands of Google+ users and withheld the
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Do not sell it “subject to” you keeping the mortgage in your name. … “Subject to” is when you sell a house subject to the existing loan staying in place.
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Netflix is setting up shop outside of Los Angeles, with new production studios in Albuquerque, New Mexico. New Mexico lured the streaming service to
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Sarah Halzack, a Bloomberg Opinion columnist, joins “Bloomberg Markets: What'd You Miss?” to discuss the expectations for retail heading into the
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… new anti-GOP attack machine. He speaks with Bloomberg's Scarlet Fu and Caroline Hyde on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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The limo from Saturday's crash that killed 20 failed a safety inspection last month, according to New York Governor Andrew Cuomo. “The owner of the
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Rwanda and Uganda increased surveillance at their borders with the Democratic Republic of Congo, where instability is heightening the risk of an
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Gary Burnison has been the CEO of Korn/Ferry International (NYSE:KFY) since 2007. First, this article will compare CEO compensation with
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In a New York Times article, Ben Bernanke, Hank Paulson, and Tim Geithner explained how they saved the banking system. It has been 10 years
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The latest player in this rapidly developing market is New York City-based Domio, … Their members are top entrepreneurs from consumer technology, real estate, and … However, Domio is far from alone in this new market space.
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First Internet Bank announced that Meghan Marrello and Liz McKeon have joined its Central Indiana commercial banking team as Vice President of
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The business of banking wealthy Americans continues to be fiercely contested, after a massive tax crackdown. Banque Reyl's hire of an industry
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Ukraine's central bank announced it is starting a further round of auctions of the assets of distressed banks. The Ukrainian central bank has closed
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“However, the names that are in the running to replace Nene are also trusted by the markets. If Ramaphosa announces a new minister of the same ilk
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Elon Musk has had a rough summer, largely of his own making, but he still found time to honor a commitment to clean water in Flint, Michigan, he had
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Currently Investors Real Estate Trust (IRET) stock is moving with Upswing trend. Going move backward a period of six month analysis we come to
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Investors Title Company (ITIC) traded on unusually high volume on Oct. 08, as the stock gained 3.56% to close at $172.96. On the day, Investors Title
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Fortnite is playing to win as it continues to dominate the video game industry. Epic Games, the firm that created Fortnite, has acquired Kamu,
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He has previously CEO of Berkadia Commercial Mortgage LLC from 2010 to 2014 and chairman of Berkadia from April 2014 to December 2016.
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Trainee Finance Consultant – Investment Banking in Finance & accounting with GRADUATE FASTTRACK. Apply Today.
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Ever heard of a SIM swap scam? The SA Banking Risk Information Centre (Sabric) describes it as follows: criminals approach your service provider,
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By Huw Jones. LONDON (Reuters) – Denmark's financial watchdog faces an inquiry by the European Union's banking supervisor into how it
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The incumbent minister has been branded responsible for the death of the island's second largest lender, the Cyprus Cooperative Bank (CCB). But as
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10-08-2018 – Discover our job offer Birmingham Commercial (RICS) Real Estate Graduate Programme 2019 – Standard / Permanent based in
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Will the third-quarter earnings season prove the charm for bank stocks, which have lagged behind other sectors and the main benchmarks this year?
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For a deep dive into Mayopoulous' tenure at Fannie Mae, check out HousingWire Magazine's cover story on Mayopolous from September.
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In the wake of the 2007-2009 global financial crisis, the company consulted the Federal Housing Finance Agency on Fannie Mae and Freddie Mac.
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The number of homes available for sale in major West Coast housing markets dramatically increased last month on an annualized basis after more
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UFC CEO Dana White is on the warpath and may strip Nurmagomedov of the UFC Lightweight title for embarrassing the company and putting fans in
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/California Newswire/ — The Mortgage Collaborative (TMC), the nation's only independent mortgage cooperative, today announced that they have
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DirecTV Now, the streaming television service operated by AT&T, is apparently experiencing a nationwide outage that started around 12:30 p.m. E.T.
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… if somebody wanted to sell me a dollar for 95 cents, I would be buying them,” BitGo CEO and founder Mike Belshe tells Fortune on the latest episode
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Instead of heading to the sink to wash their hands, your kids might be better off reaching for a bottle of hand sanitizer. A new study published today in
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If the amounts borrowed exceed what the house can bring in a sale, the lender can file a claim against FHA's mortgage-insurance fund and receive
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Two months ago, we – Thomas Stone, the broker in Sonoma County, and I – stuck our necks out and said that the housing market in Sonoma County
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If electric cars and clean energy aren't enough to prevent rising oceans, then there's money to be made in seawalls, indoor agriculture, and
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… to return the more than $1 billion to investors at the end of the year, according to a letter sent to clients Monday that was viewed by Bloomberg News.
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Lending standards for conventional mortgage loans eased in September but were offset by tighter standards in government-backed loans. That meant
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Industrial continues to be the hottest asset type for investment in the major Florida markets, according to the latest “Commercial Real Estate Investment
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We got permission from the real estate company to show just how easy it is to get. “They are eliminating agents from showing properties,” Erica
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The rocket ride that is Amazon continues apace for investors. In its most recent quarter, Amazon nearly doubled analyst estimates for earnings growth
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Despite its dramatic downsizing, the reborn Fox will be on par with the likes of Viacom in terms of overall worth, and equipped with a sizable fortune
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… stash cash outside the country to evade taxes. Bloomberg's Sridhar Natarajan has more on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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The popular real estate website Zillow plans to launch “Zillow Offers” in Charlotte this winter, allowing sellers to request a cash offer from the company
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Why did you decide to bank with your current provider? My first bank was the same community bank my parents used. When I moved out of state,
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It's been quite the reversal for the Seattle-area rental market, where rent …. property owners are hosting neighborhood events and working with local
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… the people said, asking not to be identified as the information isn't public. Bloomberg's Sridhar Natarajan reports on “Bloomberg Markets: The Close.
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Mark Lane is a haven for up-and-coming entertainers who are just waiting on their musical breakthrough. Among them is Howard 'Stinga T' Stamp,
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… risk better, understanding structural imbalances in the financial markets, even learning a bit about how our own cognitive processes malfunction.
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The facts to analyze here are risks, profitability, returns and price trends. … Both the profitability ratios suggest that Monmouth Real Estate Investment
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In ways large and small, the country has begun to re-think the second Monday in October, wondering collectively whether a holiday devoted to
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… why it may be time to buy the Russell 2000. He speaks with Bloomberg's Abigail Doolittle on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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… another 7% last month – any increase is helpful for buyers trying to get in the market,” Realtor.com Chief Economist Danielle Hale told HousingWire.
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2 on “Wheel of Fortune.” Viewers can enter to win by watching the show every day that week at 7:30 p.m. on Channel 11 and inputting the bonus
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The company has just announced that they will be extending their integration and visibility at high level racing with title sponsorship of the German GP
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Large amounts of easy money have fueled real estate bubbles in the world's major cities – and the Swiss investment bank now sees the property
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The stock of LIFESTYLE INTERNATIONAL HOLDINGS LTD (OTCMKTS:LFSYF) registered an increase of 1212.22% in short interest. LFSYF's total
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Commercial real estate professionals differ from our residential colleagues in many ways. But, how would our industry change if we adopted some of
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… in hopes of bringing bewildered window shoppers and would-be sellers to market as the housing industry struggles against significant headwinds.
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The Triangle's hot housing market has attracted another internet homebuying startup to expand to the region. This time it's Zillow that is getting in the
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Global CCTV Camera Housing Market 2018 centers on the prime CCTV Camera Housing market driving factors, leading players and their constraint.
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The Dallas-Fort Worth housing market has cooled significantly since early in the year when sales were still up by double digit percentage rates from
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“HPSI remains flat this month as perceptions of high home prices and expectations for rising mortgage rates continue to weigh on potential
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Analysts predict that the housing market should remain strong for the rest of the year, but rising prices and interest rates could lead to fewer sales.
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… inventory liquidation threatens its brand and sales. Bloomberg Intelligence's Seema Shah has more on “Bloomberg Markets.” (Source: Bloomberg)
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President Donald Trump's new 10% tariff on Chinese imports is impacting low- and middle-income customers somewhere you might not expect: Dollar
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A new analysis by CoreLogic shows that while contract rates for jumbo loans appear to be lower than conforming mortgage loans on an unadjusted
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One sign of the upward trajectory of the Woodstock housing market since 2013 lies in the 27 percent increase in the median sale price for homes: from
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An arguable silver lining of the crisis was it revealed the vulnerabilities in the banking system. Regulators now know where things went wrong.
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Compare lease term trends across central business districts in cities across … Since CompStak launched in 2012, the crowdsourced real estate data
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Luxury real estate brand, Engel & Völkers LA South Bay, proudly welcomes David … Dave has been a leading South Bay real estate broker since 1985. … commitment to being at the forefront of technology and industry trends.
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“Following the HUD announcement, we evaluated the Rochester housing market and, based on a market survey, new construction and job growth
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But there is additional evidence that the tight inventory that is largely responsible for escalating home prices is ending. Real estate broker Redfin
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WASHINGTON, Oct. 8, 2018 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA), the largest provider of liquidity to the U.S. housing market,
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This can be attributed to surging real-estate industry and developing infrastructure facilities. The regional market is expected to witness growing
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A UK lending business founded by an ex-minibus salesman is turning to crowdfunding to raise money for a full banking licence. It is the first time Dave
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Cindy Wolfe, the formerly Charlotte-based Carolinas division president at Bank OZK, has been promoted to chief banking officer. Wolfe has a long
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“So the net CO2 emission is zero,” Steve Oldham, CEO of Carbon Engineering, told Fortune. “It's all working, we've made fuel. The next step for us to is
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At Amazon Web Services (AWS), we're hiring Principal Solutions Architect to work with top-tier Fortune 500 customers and their partners in
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The U.S. economy is booming, but the housing market is lagging, according to the LegalShield Law Index, a quarterly indicator of the economic and
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Homebuilder stocks just got crushed, and some market watchers say there's far more pain to come. The XHB, the popular homebuilders-tracking ETF,
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A Google+ security breach gave outside developers access to the private data of hundreds of thousands of the social network's users between 2015
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A Louisville commercial real estate development firm landed on this year's list of the 100 fastest-growing inner-city businesses, according to Fortune.
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The effects of climate change may literally put real estate underwater, but where many see catastrophe, some investors see opportunity. Investors are
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DocuTech, a 2018 HousingWire Tech100 winner, recently announced it has integrated its document and eSignature solutions with the Blend platform
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If you're looking for affordable housing in California these days, you'll need a lot of luck, thanks to sky-high prices and a shortage of homes for sale.
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According to a paper looking at the Danish student housing market in 2018, the housing issues in the small northern European nation arise from the
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(According to a report by real estate market tracking site Redfin in May, metro Atlanta homes were being unloaded faster than ever before.) Now, new
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The success of those earlier bonds, plus the continued tightening of the housing market due to the city's growth, has created an opportunity to ask
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LegalShield is less optimistic about the housing market. The LegalShield Real Estate Index suggests existing home sales are unlikely to improve in
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In Los Angeles County, where home prices are at an all-time high, buying a home is now less affordable than it has been since the collapse of the
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(FORTUNE does not have the day off, as you can see.) I bring this up, not to litigate whether Christopher Columbus deserves a holiday or not—nor to
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“We only view three of the current directors as truly independent,” said John Streur, chief executive of Eaton Vance Corp.'s $14 billion responsible
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The growing prevalence of private investors risks destabilising the housing market in the Netherlands' major cities, the Dutch national bank has
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By comparison, 19% of companies give their workers the day off for Veterans Day. (FORTUNE does not have the day off, as you can see.)
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Chinese central bank's latest effort to cut the reserve requirement ratio (RRR) will help provide more liquidity in the property market, which is expected
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“You couldn't actually make out individual homes in here,” he says. … was keenly aware of this latest fire's effect on an already-tight housing market.
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The commission in charge of licensing Texas real estate agents is facing criticism from a state advisory board for their handling of customer service
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… impacted by the hurricane have higher than normal level of VA mortgage activities—while VA loans make up only 5 percent of the national market,
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A mortgage acts as a loan which helps you to secure and purchase a property that you cannot buy outright. But not everyone can get a mortgage, you
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Dayton real estate experts talk opportunities, challenges of 2018 …. Local experts are calling 2018 a banner year for commercial real estate activity in
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The FTSE China A50 Index of large caps, which includes stocks that overseas investors are more likely to own, sank almost 5 per cent for its biggest
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Democrat Gavin Newsom points to tax reform as a way to spur local governments to approve more housing. He says he would try to change laws that
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JPMorgan Chase Plans 400 Layoffs in Mortgage Business … and the news was first reported by Wall Street Journal on Friday afternoon in an article citing … JPMorgan Chase has about 20,000 employees in its residential mortgage business and … National Association of Professional Mortgage Women.
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Maryland's top court last week denied a request from distressed homeowners that it reconsider and permit rehearing on its August ruling that entities
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The ICC Banking Commission has announced a long-term agreement with Global Credit Data (GCD), an association owned by banks and home to
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AFR utilizes the latest technology and delivers educational resources to mortgage brokers, loan originators and their customers. Learn more at
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Bloomberg News reported last week that Jon Jacobson, investor and founder of Highfields Capital Management, is winding down his $12.1 billion
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Send feedback and tips to ledger@fortune.com, find us on Twitter @FortuneLedger or email/DM me directly at the contact info below. Please tell your
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Since closing its deal on Time Inc. in late January of this year, Meredith Corporation has shed a few of the former company's iconic titles, including
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Located on Lothian Road in the financial district, it grows the society's UK branch network to 54 and adds to existing Scottish branches in Aberdeen
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Transactions from Sept. 30-Oct. 6, 2018. Byers Vista Townhomes Unit A – Marian Waldron and Jon Brickner to Jon Brickner, $475,000. SEC 4 TWP 1S
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… argument as a justice Tuesday. But he'll be the center of attention. Bloomberg's Greg Stohr reports on “Bloomberg Markets.” (Source: Bloomberg)
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… first congressional district, discusses the top issues affecting her district with Bloomberg's David Westin on “Bloomberg Markets: Balance of Power.
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Last month, Freddie Mac said it expects home sales (existing and new) this year to come in below 2017. It projects total home sales to decline 0.9% to
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New Delhi, Oct 8 () The National Housing Bank (NHB) has increased the refinance limit to Rs 30,000 crore for housing finance companies for 2018-19
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President Donald Trump said he has no plans to fire Deputy Attorney General Rod Rosenstein, as they prepared to talk about his future on a trip
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Countless residents along the Gulf coast will fear for their homes, their lives and their communities. When did waterfront real estate become so prized?
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