News about properties and real estate
At 59 and 60, Kim and John Keuning are closing in on retirement — but they aren’t quite ready for it. Six years out from their target date, the Duluth, Minn., duo have roughly $500,000 saved. Selling the small ad agency they own could net them another $150,000, they figure. (None of their five grown …
Continue reading “Nearing retirement, with 3 tuition bills to pay”
Home prices are finally starting to rise, but not so much or so quickly that the great deals are disappearing. In fact, right now many investors have moved back into the market buying up properties that they will either rehabilitate and resell or rent out for cash flow. With interest rates still incredibly low, it’s …
Continue reading “Real Estate Investing With Cash? Why You Should Reconsider”
A large part of the Sarasota housing market occupies the extremes. At one end, a third of homes in the Sarasota market are in negative equity (underwater) and the median sales price of a home is $176,360, more than 40 percent lower than it was during the boom, eight years ago. At the other end …
This summer, the first residents are expected to move into Cinema Tower, a 44-storey condominium building under construction at Adelaide and John streets. Adam Vaughan, local city councillor for Ward 20 (Trinity-Spadina), takes pride in the amenities he managed to negotiate on behalf of the city and local residents. “It has a huge cultural space …
Continue reading “Can Toronto survive if its real estate boom goes bust?”
There are all kinds of advantages that can come with paying off a mortgage. From the obvious savings on a monthly mortgage payment and the interest associated with such a loan, to the reduction in stress at having this financial obligation gone and the freedom to apply the funds that would have gone to a …
Continue reading “Techniques We Used to Pay Off Our Mortgage Early”
Driving the streets of Edgewater recently, Martin Melo eased the accelerator of his Porsche Panamera to point out large swaths of land his family-run firm has cobbled together for high-rise development in one of Miami’s most rapidly emerging neighborhoods. “This four-block area is ours,” said his brother Carlos, whose Melo Group has seven condominium and …
Continue reading “A real estate explosion in Edgewater, Miami’s next trendy district”