News About Properties

News about properties and real estate
March 29th, 2015

For seniors, a high-end boom in rental housing

Tucked beside the Maine Turnpike, across from the Maine Mall, is the site where Resort Lifestyle Communities plans to build its version of senior citizen nirvana.

The 128-unit housing complex would feature fully equipped luxury apartments, social programs and shuttle service, along with a pharmacy, bank, hairdresser, gift shop, health club, movie theater and two restaurants offering 24-hour casual or fine dining.

All-inclusive rents would range from $3,000 to $4,000 a month, depending on the number of bedrooms, with a $600 monthly fee added for a spouse or other secondary resident.

via For seniors, a high-end boom in rental housing [Central Maine].

March 29th, 2015

Forced Sellers Could Get More in Florida

Florida lawmakers are considering closing a legal loophole that allowed real-estate investors to force some condominium owners to sell their units for less than they paid for them.

Bills in Florida’s House and Senate seek to force bulk buyers of condo complexes to pay more for the holdout properties needed to complete a transaction and convert complexes to apartments. Under Florida law, a complex’s condo status can be terminated under certain circumstances, where a bulk buyer is then allowed to forcibly buy out any holdouts.

via Forced Sellers Could Get More in Florida.

March 29th, 2015

Developers moving in on Florida mobile home parks w/video

Not so long ago, Rainbow Court mobile home park was a peaceful, pleasant community of senior citizens.Today it is a Mad Max, dystopian landscape of broken and abandoned trailers.Windows are shattered, some hammered over with plywood.

Doors open to rooms stripped of everything that could be carted away. All is eerily quiet but for the occasional shouts of one man drunkenly accusing another of stealing what little is left.Soon, they and the few remaining residents will be gone, too.

via Developers moving in on Florida mobile home parks w/video.

February 15th, 2015

Real Estate Rivals: Where In The U.S. Are Most Homes Cash Buys?

While all-cash purchases are accounting for a smaller share of U.S. homebuying than they used to, they’re still high: about 36% in the latest-recorded month, November. A year earlier, the total was 39%.House hunters face the most cash competition in Detroit and South Florida, says an analysis by real estate data firm CoreLogic.

The analysis notes that the peak of cash buying came in January 2011, when cash deals made up about 46% of all home sales.Investors or other buyers with cash in hand can be formidable rivals to homebuyers who have to get a mortgage approval lined up in order to complete their purchase.

via Real Estate Rivals: Where In The U.S. Are Most Homes Cash Buys?.

February 12th, 2015

Dining room design ideas to put style into mealtimes

Cute Dining Room

photo by Nanimo

Enjoying mealtimes together can be a fantastic way for families to experience each other’s company, and devour some tasty treats together. However, the dining room itself is often a neglected room, and many families choose practicality over style and comfort. Isn’t it time we learned to enjoy mealtimes in style?

Dining room dreams

Dining room design can be as diverse as the rest of your house; combining functionality and style is a fantastic way to create a space you’ll want to dine in for every meal. The first thing to consider is the look you’re seeking to create. Whether you would like a shabby chic style, a child-friendly space, a more minimalist look, or an open-plan kitchen and dining room, the design options are as limitless as your imagination. Are you a regular dinner party host? Are you more comfortable in a cozy, relaxed space? Do you have children to keep entertained at mealtimes? Think carefully about how your dining room will be used, as this will give your interior design dreams an important starting point.

It is also essential to consider the size and shape of your intended dining room. Not all homes have sufficient space to create a single function dining room, and you may find that a multipurpose room, combining a dining and living space, or open plan kitchen/diner, works better for your family’s needs. It is essential to measure and create plans for potential dining areas, and ensure that all of your furniture and accessories will fit. Working around the space you have available will often help you to plan the finer details; alcoves and original wooden features can work well with a vintage or shabby chic design, while light and airy kitchen/diners lend themselves to modern and minimalistic interiors.

Food for thought

Now you’ve decided what it is you want from your dining room, it’s time to let those creative juices flow. Never underestimate the power of color; whether you paint the entire room, add splashes of color in the form of wallpapered features, or simply add some bright accessories, a vibrant and inviting room can make mealtimes a proper occasion. Dining rooms that need to cater to children’s needs work well in Technicolor; they’ll be tempted up to the table no matter what’s on the menu. Looking for a more modern design, or something a little rustic? Patterned paper, black and white accessories, and neutral walls will give a contemporary feel, while warm beiges and creams ensure an air of country living.

Once you’ve decorated, it’s time to start thinking about furnishing. If you host regular dinner parties, then extending dining tables, beautifully upholstered chairs, and plenty of furniture storage are a must, while quieter family mealtimes can be complemented with cozy armchairs, friendly round tables, and sideboards. Try sourcing second hand or bespoke pieces, including distressed furniture for a shabby chic or vintage feel, or copper accessories and traditional oak furniture for a warm, rustic style.

Dining rooms are one of the most frequently neglected rooms. However, as more and more people seek to capture the magic of family mealtimes, renovating these tired spaces into fabulously stylish rooms is becoming more popular; get ready to dine in style.

January 8th, 2015

L.A.’s Star-Studded Neighborhood

With homes that average 20,000 square feet, a vacant lot asking nearly $30 million and enough resident movie stars and film execs to fill a red carpet, the gated community of Beverly Park is one of the most exclusive, expensive places in Los Angeles, a land of exclusive, expensive places.

Celebrity residents include Denzel Washington, who purchased his property from Michael Eisner. Eddie Murphy, media mogul Sumner Redstone and Sylvester Stallone also live in the enclave. Barry Bonds owned a Beverly Park home until March, when he sold his 17,000-square-foot, seven-bedroom, eight-bathroom home for $22 million.

via L.A.’s Star-Studded Neighborhood.

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