Oklahoma contractor raises red flags with Nebraska homeowner

OMAHA, Neb. (WOWT) – An Oklahoma contractor has been making cold calls in rural Nebraska. He’s offering farmers and acreage owners a great deal to improve their driveways.

A friendly stranger pulls onto Mike Pratt’s property and promises that when chips are down, he’ll have a smoother driveway.

Sylvester Cooper, driveway contractor said, “Its tar and chip. We spread a high asphalt down and put the gravel over the top of it.”

Tar and Chip Asphalt Company rolls out a bargain for Mike.

Sylvester Cooper said, “I’ve got enough to cover 100 square yards. Bottom line? A thousand dollars for 100 square yards.”

All contractors doing business in Nebraska are required to register with the state labor department, but Tar and Chip Asphalt are not on the list.

Jim Hegarty with the Better Business Bureau said, “And we clearly know this particular contractor was not licensed to do this kind

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Dallas’ Ebby Halliday Realtors is crossing the Red River to sell homes

Legacy Dallas real estate sales firm Ebby Halliday Cos. is expanding its reach out of state for the first time to Oklahoma.



a large brick building with a sign in front of a house: Ebby Halliday has two dozen North Texas offices.


© Rose Baca/Staff Photographer/The Dallas Morning News/TNS
Ebby Halliday has two dozen North Texas offices.

The 75-year-old property sales company is now handling real estate listings north of the Red River.

“We are thrilled to offer those looking to buy or sell in Oklahoma the same great service we have long been known for in North Texas,” President and CEO Chris Kelly said in a statement.

Ebby Halliday operates out of two dozen offices in North Texas, including close to the Oklahoma border in Grayson County.

“2020 has been a significant year of growth as we open new offices in Cedar Hill, Prosper and Forney, and as we expand into the Oklahoma market to serve the needs of our valued clients,” Kelly said.

Ebby Halliday’s Marsha Butler

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Red Sox for sale? John Henry mulls taking Yankees’ rival public

This could be a game-changer in the American League East.

The Wall Street Journal reports John Henry “is in talks to join with an investment vehicle for an $8 billion deal that would take his famed sports holdings public, according to people familiar with the matter.”

The deal being discussed would merge Fenway Sports Group LLC, which also owns English soccer team Liverpool Football Club, with RedBall Acquisition Corp., the people said. RedBall is a so-called special purpose acquisition company launched by private-equity firm RedBird Capital Partners and Oakland Athletics executive Billy Beane.

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According to the Journal, RedBall is looking “to purchase a stake that will total less than 25% in Fenway Sports Group. … The talks are in the early innings and could still fall apart. Fenway’s investors had a meeting

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What China’s Three Red Lines Mean for Property Firms

The People’s Bank of China and the Ministry of Housing announced in August that they’d drafted new financing rules for real estate companies, but have said little more. But the media reports and people familiar with the upcoming guidelines have said developers wanting to refinance will be assessed against three red lines, or thresholds:

• There will be a 70% ceiling on liabilities to assets, excluding advance proceeds from projects sold on contract;

• a 100% cap on net debt to equity;

• and they must have a cash to short-term borrowing ratio of at least one.

Developers will be categorized based on how many limits they breach and their debt growth will be capped accordingly. If all three are breached, the company won’t be allowed to increase its debt in the following year, according to a report by 21st Century Business Herald. If it passes all three, it can

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What China’s Three Red Lines Mean for Property Firms: QuickTake

china homes real estate property

Photographer: Qilai Shen/Bloomberg

The danger lurking in China’s debt-laden real estate sector was never so clear as in late September, when word of a possible cash crunch at China Evergrande Group, the world’s most indebted property developer, sent investors running for the exits. With seven more of the 10 most-indebted developers also based in China, policymakers in Beijing have drafted what state-run media are calling “three red lines” — metrics regarding debt that developers will have to meet if they want to borrow more. The new approach promises to be a game changer for a sector that accounts for about 29% of economic output.

1. How will it work?

The People’s Bank of China and the Ministry of Housing announced in August that they’d drafted new financing rules for real estate companies, but have said little more. But the media reports and people familiar with the

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Red hot home prices have more consumers saying now is a bad time to buy

  • The share of buyers who say they think it’s a good time to buy fell in September, from 59% to 54%, according to a new survey from Fannie Mae.
  • More people do think now is a good time to sell a home, which is an improvement from the first months of the coronavirus pandemic, when potential sellers didn’t want shoppers in their homes and worried about the state of the overall economy.



a group of people standing in front of a building: People wait to visit a house for sale in Floral Park, Nassau County, New York.


© Provided by CNBC
People wait to visit a house for sale in Floral Park, Nassau County, New York.

Anyone out hunting for a house knows that bidding wars are no longer the exception, but the rule.

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Demand for housing has been unusually strong, due to the coronavirus pandemic, and supply is historically lean. That is a recipe for high prices, which are now beginning to take their toll on potential homebuyers’ confidence.

The share of

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Red Flag Fire Warning Conditions Return; 293 Homes, 272 Commercial Buildings Destroyed; Chance Of Rain Next Weekend

ST. HELENA (CBS SF) — An intense air war was waged on the north edge of the Glass Fire burn zone Saturday, allowing weary firefighters to extend containment of the massive blaze burning in Sonoma and Napa counties to 15 percent before red flag fire conditions settled in for the night.

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Cal Fire Operations Chief Mark Bruton said during his Saturday night briefing that air support was playing a key role on the northern edge of the blaze burning in steep terrain toward Lake County.

“It’s really steep, heavy terrain, we have some control lines in there but we have a bit of a lack of resources to really work in that kind of terrain,” he said. “We used aircraft to really pound it today. We dropped a lot of retardant to help slow the advance of the fire.”

Meanwhile, weather forecasters were keeping on an eye on

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Blue Star Contemporary’s Red Dot art sale app lets you see, buy art virtually

Blue Star Red Dot, the biggest art sale and fundraiser each year for Blue Star Contemporary, is going high-tech with an augmented reality app being built specifically for the event. It’s just one of the ways that art lovers can see the work and support the exhibition space.

Stoke, a San Antonio-based augmented reality development studio, is creating the free app, which will go live on Wednesday and can be used through Oct. 4. It’s called Blue Star Red Dot and is available for iOS and Android.

“We think it is going to revolutionize the way that people share and display art and how we support art, especially in a changing world like we’re experiencing today,” said Patrick Atwater, founder and CEO of Stoke, during a media preview of the app.

On ExpressNews.com: McNay receives $1.5 million for COVID-19 relief

Red Dot, which raises roughly one-third of Blue Star’s budget

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