News about properties and real estate
Investors eye Southeast Texas rental business Earning $100 profit a month from one house, or breaking even, can be cause for celebration for first-time rental property owners. From an outsider’s perspective, renting property might seem almost like a turnkey operation – allowing landlords to sit back and reap the rewards of their investments with little …
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Homeowners groups are in a fix John Rankin remembers the day the owner at 2214 Sonoma Drive skipped town. “He packed up his truck one day, and drove away,” said Rankin, president of the Mission Estates homeowners association in Venice. “Then he just never came back.” That was nearly a year ago. As weeks and …
Seattle luxury-condo complex Escala will raise prices The market for new downtown condos has cooled. Many potential buyers are backing off, fearful of recession and wary of the national real-estate downturn. So Escala, the 31-story luxury complex under construction at Fourth Avenue and Virginia Street, is raising its prices? Developer Lexas Cos. said this week …
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Condo seller employs new strategy: pay back buyers [South Florida] Selling condos in South Florida has become such a difficult task that some sellers are actually paying buyers to acquire their units. The Villas at Emerald Dunes, a recently finished condo development in West Palm Beach, is offering buyers a deal where the seller would …
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Students find luxury near campus [North Florida] Jacey Dykstra’s condominium is anything but an average student residence. Continue to 2nd paragraph The University of Florida sophomore nursing student comes home to 10-foot ceilings, granite countertops, French doors that open onto a private balcony and walls so thick, she never hears any of her more than …
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Phoenix Couple Struggles to Hold On To Several Investment Properties We’ll be periodically checking in with home sellers, owners, buyers and investors who have been affected by the cooling real-estate market. The Investors: Donna Butera, 47 years old, a home-staging professional, and her husband, Mark Butera, 45, a contractor, in Phoenix. The Buteras got started …
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