Florida Property Dives

The Wall Street Journal, Wednesday, March 31, 2010

THE PROPERTY REPORT

Regions and Its CEO Feel the Pain of Florida Property Dive

Local real-estate agents say some of the properties Regions financed up and down the Panhandle (of Florida) are now worth 30-50% less.”

“Thirty miles west of Panama City Beach is where Mr. Ritter (CEO or Chief Executive Officer of Regions) and his wife rode a tide of rising property values by investing in properties inside a 2,400 acre resort that straddles Highway 98.”

This description of a real estate investment firm and its CEO and wife uses beach and ocean  idioms which is appropriate as the real estate was on beaches.  My husband says these are not sports idioms. If you see one that you think is great, write me.  My e-mail is on the http://www.sportsidioms site.

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