News about properties and real estate
When he’s at his South Beach home, David Edelstein loves to lounge outdoors, under some trees in a garden decorated as if it were in Provence. But this sunny day he was hanging out by the 120-foot long swimming pool, fringed with white umbrellas and palm trees. “There’s Jamie now,” he said, as actor Jamie …
Continue reading “W South Beach’s David Edelstein’s Hangout”
Much of Florida’s shoreline is lined with mansions, especially in Sarasota. Large homes of 8,000 square feet or larger have replaced, or taken their place alongside, smaller houses of 4,000 or 5,000 square feet — a testament to the explosion of wealth here. Any trend has to start somewhere, and in Sarasota, the mansion-building began …
Continue reading “Edzell Castle, long a jewel of Sarasota Bay”
Eleven years ago, Paul Becker and Eve Rogus got married, raising their blended family of five children in a large house in East Grand Rapids. But those children grew up and moved out. And the couple, both in their 50s, no longer needed the five-bedroom Cape Cod or the maintenance that came with it. Enter …
Continue reading “Falling condo prices in Grand Rapids draw wave of homeowners downtown”
Home inspections can help buyers decide whether they’ll walk away from a deal or head to closing.In some markets across the country, inspections also serve as key negotiation tools. In Philadelphia, for example, inspection results more frequently are providing leverage for buyers as they attempt to whittle down price or get the seller to complete …
It is nearly five years since the peak of the housing bubble, and that highly leveraged sector, with its $11 trillion in residential mortgage debt, continues to struggle. Home values just posted their biggest quarterly decline since late 2008, largely due to a steady stream of foreclosures. But if we consider that the housing bubble …
Continue reading “Alex Pollock: On Housing, There Will Be More Lean Years Ahead”
The ad for Pompano Beach Highlands hit Life magazine in October 1955. It was paid for by the builder, who pitched retirees on the perks of owning a home in Florida. “On U.S.1, halfway between Miami and Palm Beach, with Ft. Lauderdale minutes away, Pompano Beach Highlands offers a richer, fuller life at much less …
Continue reading “Foreclosures: How one Broward development is fighting through foreclosures”