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ORLANDO HOME PRICES WILL RISE IN 2013

Home prices will rise in 2013, but only modestly. The most recent data suggest that national average housing prices are rising by roughly five percent annual rate. That’s too optimistic a projection for the next few years, however, because there are many owners of multiple underwater properties who will sell as soon as they don’t have to lay out cash. That increased number of houses on the market will limit price hikes.

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FOR $75 MILLION, YOU CAN BUY THE UNFINISHED SHELL OF THE LARGEST HOUSE IN AMERICA

David Siegel, a timeshare tycoon based in Orlando Florida, once had ambitious plans to build the largest home in the U.S.

He got as far as the walls. The mansion, fittingly called Versailles and located in Windermere, the same Orlando, Fla. suburb where Tiger Woods lived pre-scandal, is totally bare-bones and currently on the market for $75 million, according to the Wall Street Journal.

Siegel and wife Jackie were forced to put the property on the market after the credit crunch hurt his company, Westgate Resorts, the WSJ reported. (more...)

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GREEN CARD THROUGH INVESTMENT

Entrepreneurs (and their spouses and unmarried children under 21) who make an investment in a commercial enterprise in the United States and who plan to create or preserve ten permanent full time jobs for qualified United States workers, are eligible to apply for a green card (permanent residence).

Up to 10,000 visas may be authorized each fiscal year for eligible entrepreneurs.

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