News about properties and real estate
$1 million home sales increase sharply [Central Florida] Sales of single-family existing homes priced at more than $1 million soared 270 percent in Metro Orlando during the past three years, a new analysis shows. The growth in home prices as well as the surge in the size of homes has helped the trend, according to …
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The Beaufort Gazette: Building boom continues County sees spike in condos In a week, Malcolm and Susan Goodridge will start making 2,400 square feet of marshside space their own, moving into a first-floor condominium and finding ways to fill the three bedrooms and three-and-a-half bathrooms that now sit empty and dusty from construction. Their new …
Housing could change S. Paula [Santa Paula, California] If Measure Y passes and the Adams Canyon development is built on the outskirts of Santa Paula, almost 500 families could move in over the next 20 years. These newcomers would be unlike almost anyone who lives in Santa Paula now. In a word, they’d be rich. …
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Low-cost rentals evaporate, displacing seniors, disabled Waiting lists for homes, apartments grow as opportunities lag Ella Gerrity moved into a $160-per-month studio apartment at Imperial Towers when Jimmy Carter was president and Titusville had about 30,000 residents. She never dreamed that, at age 101, she’d be packing china and looking for a new apartment as …
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SBS Tower highlights office-condo trends [South Florida] Apartment rental buildings are being turned into condominiums at breakneck speed, but offices are being converted as well. A Coconut Grove office building may be the biggest office-condo conversion yet. A high-rise in Coconut Grove is slated to be turned into office-condominiums, in a deal that appears to …
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Second homes 40% of market Americans snapping up second homes — as investments or vacation properties — accounted for four out of every 10 sales of existing homes last year, a record that helped drive the real estate market to new highs, according to a report being released today by the National Association of Realtors. …