duluth

More "Real Housewives" Real Estate Drama

Filed under: Estates, Celebrity Shopping

The real estate hijinks around the "Real Housewives" shows continues. TMZ reports that Lisa Wu-Hartwell of "The Real Housewives of Atlanta" has lost her Atlanta-area home. Hartwell and her husband, former Oakland Raiders linebacker Edgerton Hartwell bought their Duluth, Georgia home for $2.9 million in 2007 but sold it in a short sale situation this month for $1.9 million. The couple are reportedly ensconced in a new home on ten acres.

The real estate machinations surrounding the housewives are epic. We've seen several of the Orange County housewives including Jenna Keough and Tamra Barney flirt with foreclosure and short sales. A couple of the New York housewives have been trying to sell their homes including Jill Zarin and Kelly Bensimon.

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Tags: duluth, georgia, housewives, lisa wu hartwell, LisaWuHartwell, real housewives of atlanta, RealHousewivesOfAtlanta

Cirrus Design Slows Down Plane Production

by Deidre Woollard (RSS feed) —

Filed under: Wings

From out of Minnesota comes a sign that the light sport aircraft market is faltering. Recently Cirrus Design CEO Alan Klapmeier told the Duluth News Tribune that the company has reduced its work week to three days from four due to a decrease in demand for their planes. The slowing market also means a delay for the introduction of the Cirrus SRS LSA. It will now come out in 2010 instead of 2009. The company is still working on the Cirrus Vision SJ50 personal five- to seven-seat jet. So far the company has received more than 400 orders for the jet, each with a $100,000 deposit. Cirrus laid off 100 staff in Duluth and at its parts plant in Grand Forks, N.D. back in September but still employs about 1,280 people. Business is off about 10% at Cirrus so far but Klapmeier is hopeful that an accelerated depreciation measure passed by Congress earlier this year might stimulate fourth quarter airline sales. If sales don't pick up, however, Cirrus plans to keep the three day a week production schedule for the rest of the year. The small planes are a favorite with those who fly for pleasure including celebrities like Angelina Jolie but these days flying simply for the sheer joy of it is a luxury many feel they can't afford.

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Tags: cirrus, duluth, planes

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