News about properties and real estate
O.C. house prices seen rising in 2013 [Southern California] From where Evan Gentry sits, Orange County’s housing market looks pretty grim. Gentry, 37, heads Ladera Ranch-based G8 Capital, a company he founded last year to invest in troubled loans and foreclosed homes. As someone who constantly looks at the things lenders are trying to ditch, …
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New Florida condo law is about to take effect In a situation that might qualify as a “be careful what you wish for” tale, several new Florida laws related to condominium insurance policies are slated to go into effect Jan. 1. The problem is they are essentially unworkable as currently written — leaving many condo …
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Test ahead for downtown condo market [South Florida] The number of closings at downtown Miami condos has gone better than many expected, according to a new survey. But more condos will be entering the saturated market soon. Miami’s latest building boom is creating 22,000 condominium units in the city’s urban center, more than double the …
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Sky-High Loses Altitude In Gerhard Andlinger’s recently listed apartment at the Time Warner Center, high above Columbus Circle, one can sit on the Louis XVI daybed and look past the Chinese screens and the Louise Nevelson sculpture at a 14-foot-high wall of windows with priceless views of the city and its sagging real estate market. …
Foreclosed houses boost existing-home sales in Orlando area [Central Florida] Darhlene Zeanwick is in the thick of the region’s record blizzard of home foreclosures, brokering sales for banks and helping prospective buyers look for bargains. “About 38 percent of all homes on the market for sale in Poinciana are in some state of foreclosure, such …
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The market for homeowners looking to sell Melissa Morris put her Haight-Ashbury flat on the market in mid-September. It was priced right and she accepted an offer of $825,000 within days. The contractor’s inspection was set for Sept. 29 and as the buyer toured the home, the stock market was in the midst of its …
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