News about properties and real estate
Many megamansions for sale, but nobody’s buying It’s the ultimate trophy property: A 29,000-square-foot spread on Biscayne Bay with 13 bedrooms, a gun room, fingertip identity-scanners, and, for privacy from gawkers on passing boats, a machine that shrouds the backyard in mist. Yet several years after putting the home on the market, no one has …
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Farmland prices skyrocket Farmland prices are soaring across Florida, rising an average of 50 percent to nearly 90 percent between 2004 and 2005, a new University of Florida survey reported Friday. But agricultural land prices are being pushed to record levels by speculators and urban growth pressures, not success on the farms, said survey author …
The Bronx: So Close … Outsiders Tiptoe Into the South Bronx At 168th Street and Nelson Avenue in the South Bronx, you can look 134 blocks downtown and see the upper third of the Empire State Building pop up unexpectedly like a silvery beacon. So close to Manhattan, and yet so far away. On that …
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Architects propose a slice of Manhattan in Orlando Orlando hasn’t seen anything like this before. Two of the four ultra-modern buildings planned for the downtown block across from the Orange County Courthouse would feature sides that don’t align vertically. Picture building blocks stacked by a woozy toddler. “There’s going to be controversy and discussion about …
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The jargon of home mortgages The language of mortgages can be downright confounding. To help you better understand your lender, here are brief descriptions of the terms that are likely to be used by a loan officer: Appraisal: The lender hires a professional to estimate the value of the home you want to buy. The …
Boom May Be Spilling Over To More Affordable Housing Markets Estacada, an isolated community of 2,500 residents, 25 miles southeast of the booming Portland real estate market, is on tap to build 450 homes this year with another 1,000 lots likely to be approved in the next few years. In West Virginia, home sales soared …
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