News about properties and real estate
Local home builders say that slump has arrived Southwest Florida home builders, subcontractors and suppliers are beginning to fret about the state of their industry. Many have seen sales drop in the past three months. If that trend continues, the regional economy could be in for a rough year. Whether inflated prices, rising interest rates, …
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Financial promoter, wife plead not guilty: Judge grants request from Wade Cook for public defender Well-known financial promoter Wade B. Cook and his wife pleaded not guilty Thursday to federal charges of concealing nearly $8.9 million from the Internal Revenue Service. Cook, 56, and his wife Laura, 52, who own a home near Fall City, …
Rents increasing as office, industrial space remains scarce around S. Florida Office and industrial space will remain scarce across South Florida this year, leading to higher rental rates and giving landlords even more leverage than they have now, two leading real estate brokers say. “I think people who have historically signed three- to five-year leases …
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Californians plan exit strategies Some simply can’t afford a home. Others own homes and are taking advantage of the strong real estate market to cash out and move to nicer homes in Nevada, Arizona, Texas, Washington, Oregon and beyond. Ray and Sue Manzo have been told their Moreno Valley home could sell for $350,000. If …
Homes’ Tax Cap May Get Mobile | theledger.com Booming real estate market has officials taking a new look at a homestead break. What looked like a radical idea a year ago — to allow Florida homeowners to take part of their tax cap with them when they buy a new home — isn’t so radical …
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 …