News about properties and real estate
Ure Kretowicz, a home developer here, built his company and fortune constructing suburban communities marked by detached, Mediterranean-style houses along winding cul de sacs. Now he has run out of space. For the first time in his four-decade career, Mr. Kretowicz doesn’t have one detached, single-family home under development in metro San Diego. From the …
Continue reading “Land Crunch Hits Builders in ‘Brady Bunch’ Country”
First-time homebuyers might long to buy a house in a hip, urban neighborhood in South Tampa, but area Realtors say the competitive seller’s market has forced younger buyers to settle in the suburbs. Rae Catanese, a Realtor with RE/MAX Bay to Bay Real Estate Agency, said the prices in South Tampa are higher to begin …
Continue reading “Realtors: Tampa market forces first-time buyers into suburbs”
The Pink Palace blushes no more. When it reopens as lodging in mid-November, after a $15 million upgrade, it will be beige. But that is rightly so, say historians, since the old Manatee River Hotel was off-white when it opened in 1926, at 309 10th St. W via Bradenton holds high hopes for restored historic …
Continue reading “Bradenton holds high hopes for restored historic hotel”
Jennifer Williams says she often feels like the oldest person on her block. When the 52-year-old corporate communications executive sets off for work in a suit, carrying a briefcase, with her hair in a bun, she is usually surrounded by young people with tattoos and rainbow crocheted skull caps. “It’s like mom is coming in …
Continue reading “Why Baby Boomers Are Moving to Hipster Neighborhoods”
After nine years of work, a plan to build a luxury upscale hotel and condo project known as the Grand Bohemian is dead. City leaders Thursday agreed to a deal to let Orlando hotel developer Kessler Enterprise pay off its remaining debt from its $3.3 million purchase of the old Maas Brothers Store site that …
Home buyers could be squeezed by higher interest rates and need larger downpayments if Congress agrees with an Obama administration plan to phase out mortgage-guarantee giants Freddie Mac and Fannie Mae. Southwest Florida lenders, home builders, real estate agents and other housing industry participants agree on the need to reform the nation’s housing finance system, …
Continue reading “Phasing out Freddie and Fannie could hurt home buyers”