News about properties and real estate
As prices plunge, housing experts wonder when recovery begins With the pep talk from real estate agents contradicted by doom-and-gloom reports on the housing industry, nobody seems to really know if or when the market will begin to recover. Consumers who have been sitting on the fence are being advised by sales agents that it’s …
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Where Homes Are Selling Fastest [Northern California] Houses in Sunnyvale, Calif., home to companies such as Juniper Network (JNPR), AMD (AMD), and Yahoo! (YHOO), are typically on the market for 66 days, making it the fastest-selling real estate market in the country. That’s the good news. The bad news is that listings a year ago …
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Meet the Nouveaux Neighbors Andre LeBel knew he had come home when he walked into a bar in St. Petersburg, Fla., ordered a Bloody Caesar and the bartender made it without cocking an eyebrow. The spicy drink — a blend of vodka, Tabasco, Worcestershire sauce and tomato and clam juices — is popular in his …
Blaine hotel builders sued Blaine Hospitality faces foreclosure proceedings after defaulting on a $5 million loan to Home Federal Savings. The developer says construction delays are to blame. The developers of a 98-room hotel near the National Sports Center in Blaine are facing foreclosure after defaulting on $5 million in construction financing. Home Federal Savings …
2 payments: No problem In today’s difficult real estate market, many sellers are looking for alternatives to dumping their existing home on a low-ball offer, especially if they’ve already found another home they need or want to go ahead and buy. Renting out the previous home has proved to be a reasonable solution for some …
In slow market, developers offer ‘test drive’ of condos The Carruth, a mix of affordable apartments and market-rate condominiums in Dorchester, opened earlier this year, as the market for condos had turned sharply downward. Sales of the 42 condos in the building languished, with only three sold to date. So, developer Trinity Financial Inc. of …
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