News about properties and real estate
Reservations for One St. Petersburg, a 41-story condo tower planned for the city’s thriving downtown, have “far surpassed expectations,” the project’s sales director said Wednesday. Since marketing began a few months ago, 104 of the 253 luxury units have been reserved, representing total sales of $106 million, according to Dave Traynor of Smith & Associates. …
Continue reading “Luxury condo reservations are brisk in downtown St. Petersburg | Tampa Bay Times”
A retirement home overseas can be much more affordable if you rent it out when you’re not using it. If you don’t plan to be in residence for the entire year, being able to rent your house or apartment to holiday-goers can help cover the costs of owning and maintaining the property. It could even …
Continue reading “4 Places to Own a Retirement Home and Rent it Out”
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 …
Continue reading “For seniors, a high-end boom in rental housing”
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 …
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 …
Continue reading “Developers moving in on Florida mobile home parks w/video”
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 …
Continue reading “Real Estate Rivals: Where In The U.S. Are Most Homes Cash Buys?”