Equity cushions flat for newest buyers Billowing appreciation rates have been the hot news in home real estate for much of the past three years. But now, with many of the most effervescent local markets in a cool-down phase, the focus is turning to something much more fundamental: homeowners’ equity stakes. How big is your …
Category Archives: General
Developers throw in extras to seal condo deals
Developers throw in extras to seal condo deals With a wave of new condominium units now available in Greater Boston, real estate developers are offering incentives to boost sales and move hard-to-market units. Developers are often willing to pay closing costs, forgive monthly maintenance fees for a year, or throw in amenities such as free …
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Buyers angered as develo Florida Sun-Sentper misses 3 deadlines at idle condo site in Boca
Buyers angered as developer misses 3 deadlines at idle condo site in Boca Jackie Badome has four bedrooms, three bathrooms and two grown children. She doesn’t need a big house anymore. So in 2004 Badome agreed to pay $360,000 for a two-bedroom condominium at Eden, a former apartment complex on Palmetto Park Road and Southwest …
A New Look and Higher Expectations for a 70’s-Style Building in Midtown
A New Look and Higher Expectations for a 70’s-Style Building in Midtown For more than three decades, a 41-story telephone company building adorned with vertical white marble stripes has stood opposite the western edge of Bryant Park. If all goes well next year, that structure, most recently known as the Verizon Building, will more or …
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Tax traps await homeowners, landlords
Tax traps await homeowners, landlords Tax time provides an opportunity to cash in many of the rewards of dabbling in last year’s red-hot real estate market — but there are numerous tax traps if you sold a home, refinanced your mortgage or bought an investment property in 2005. Although the rules are too twisted to …
Neighborhood feels impact of growth
Neighborhood feels impact of growth As new developments are approved in Manatee County, more longtime residents are certain to feel like Linda Farley. When Farley bought her home in the Woodlawn subdivision off Erie Road 10 years ago, real estate agents told her the woods around her house were protected because they contained wetlands. But …