News about properties and real estate
When the Hotel del Coronado won state approval in 2010 to add 144 rooms to the luxury oceanview resort, its owners agreed to write a check for more than $1 million so that less well-heeled vacationers could afford an overnight stay on the coast – in a hostel. Five years later, that hostel has yet …
Continue reading “The Coastal Act has long required affordable lodging along the coastline”
Wall Street firms have found a new way to profit from consumers with blemished credit who can’t qualify for a mortgage: let them rent a home first with the option to buy it later.Rent-to-own programs, once run mainly by small operators, were popular with cash-strapped consumers during the 1990s. They faded a decade later when …
The legend of Kennedy Boulevard being the great dividing line between Cool Tampa and the rest of the city may be fading. The latest evidence? A residential boom appears imminent in North Hyde Park, a neighborhood of former warehouses and light industry just north of Kennedy that has been targeted for several new apartment, town …
Continue reading “Residential development showing North Hyde Park’s good side [Central Florida]”
The technology boom is pushing its way north up the Pacific Coast, boosting real-estate prices, sparking neighborhood squabbles and creating new demand for luxury homes asking $1.5 million or more.Real-estate agents say Seattle, the longtime home of software giant Microsoft and online-retailing behemoth Amazon, is attracting more technology firms because it offers a combination of …
Continue reading “Seattle’s Luxury Homes Get a Tech Boom Boost”
It is sandwiched between England and France, yet it is not part of the European Union. Its expat community is mostly made up of seniors looking for an old-fashioned way of life. And it expects foreigners to pay at least twice as much as locals for the privilege of living on its 30-or-so square miles. …
Continue reading “Guernsey: Where Home Buyers Find Shelter (From Taxes)”
Soon after Judy Stephens, of Lafayette, La., lost her husband in January, she got hit with more bad news, this time from the mortgage company. She needed to come up with $107,000 — the amount of principal, accrued interest and fees racked up by the reverse mortgage on the home she owned with her husband …
Continue reading “Reverse-mortgage change saves homes for surviving spouses”