Town of eight welcomes real estate boom This incorporated town along State Road A1A about halfway between Jacksonville and Daytona Beach used to be known as a tiny town where dolphins outnumbered people. But a planned development of more than 270 homes — plus commercial space and possibly a hotel — could boost the town’s …
Author Archives: Administrator
Doughnuts, real estate and prayers
Doughnuts, real estate and prayers When there’s a hot business opportunity or a smoking real estate deal in Southwest Florida, local bankers and brokers grab their BlackBerrys to speed-dial a short-list of hometown movers and shakers: the ones with the inclination, credibility and wherewithal to jump on a deal.
Season for bargains
Season for bargains Cold months are a good time to get a deal on a house As the slower fall months arrived, however, the asking price of the Barbour Manor house fell more than $10,000 from the original $225,000. The Prices negotiated the cost down even further — and they had their house in September.
How long should you take to pay off your mortgage?
How long should you take to pay off your mortgage? This is another installment of a series on the decisions mortgage borrowers should make prior to entering the market. Previous articles were about selecting the best type of mortgage, and selecting among three options: paying points, waiving escrows, and accepting a prepayment penalty. This article …
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Harbor Beach home sale fetches $12 million
Harbor Beach home sale fetches $12 million: South Florida Sun-Sentinel A palatial home in the prestigious Harbor Beach neighborhood of Fort Lauderdale sold this past week for $12 million. The property, which was poised to be the new home of Miami Heat’s Shaquille O’Neal, was snatched up by biotech and pharmaceutical giant Myrtle Potter, when …
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Slowing home appreciation may help buyers
Slowing home appreciation may help buyers When Jason and Laura Bennett bought their home two years ago, the housing market was among the hottest in the nation. Would-be buyers made offers as soon as “For Sale” signs went up, then bid even higher in the frenzy to close the deal. Less than two months after …
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