News about properties and real estate
Last two waterfront lots on Siesta are being sold [South Florida] Ron Allen, who made his fortune investing in real estate, is set to snap up the last two undeveloped beachfront lots on Siesta Key today. The price of those lots: $5.4 million. “I may be paying more than I should, but I figure investing …
Continue reading “Last two waterfront lots on Siesta are being sold [South Florida]”
On the waterfront [South Florida] There’s something about living on the water — whether it’s the ocean, Intracoastal, or even a manmade lake — that soothes the soul, inspires active, outdoor living … and helps to fill our wallets. Purchasing waterfront property will almost always yield a positive return on your investment, since there is …
A homebuyer’s market, but caution still rules The spring buying season has started, and the numbers – surprise – don’t reveal many sunny story lines. Yes, the falling prices can mean bargains for investors fat with cash. And first-time homebuyers have begun poking around, enticed by low interest rates and an $8,000 federal tax credit. …
Continue reading “A homebuyer’s market, but caution still rules – OregonLive.com”
Amid Rubble of Housing Bust, Phoenix Begins a New Frenzy Every weekday morning, Lou Jarvis drives the sun-baked suburban streets looking for investment gold: a family that will lose its house in a foreclosure auction within a few hours. If the property looks promising, Mr. Jarvis puts in a bid on behalf of any of …
Continue reading “Amid Rubble of Housing Bust, Phoenix Begins a New Frenzy”
This is a ‘Buyer’s Market’? Q: I’m frustrated with this so-called “buyers market.” I’m 28 years old and looking for a starter home for about $400,000 in Massapequa, New York. I have around $100,000 saved for a down payment and closing costs. I’m also recently engaged and saving for a wedding. (We made $215,000 combined …
Continue reading “This is a ‘Buyer’s Market’? [New York City]”
Big dreams for hotels are falling flat After the residential real estate market peaked in the summer of 2005 and the commercial market began to cool a year later, hotels enjoyed a brief period in which they were viewed as the hottest commodity in a rapidly shrinking real estate world. Developers of all dimensions announced …