News about properties and real estate
Why Florida’s Foreclosure Machine Is Slowing Down At the George E. Edgecomb Courthouse in Tampa, Judge Sandra Taylor presides over one of the special courts set up to help work through Florida’s backlog of foreclosure cases. Sitting at a desk in a fifth-floor conference room, with a court assistant and a cart stacked with manila …
Continue reading “Why Florida’s Foreclosure Machine Is Slowing Down”
10 Best and Worst Markets for Real Estate Investors – Developments Tulsa, Okla., Albany, N.Y. and San Diego, Calif. have shot onto the list of the 10 best markets for conservative residential real-estate investors, according to an updated report by Local Market Monitor, Inc. Since its earlier ranking in August, Phoenix and Naples, Fla. are …
Continue reading “10 Best and Worst Markets for Real Estate Investors”
China is set to see a wave of demand for quality commercial real estate as insurance companies are allowed for the first time to invest in the sector, real-estate consultancy Jones Lang LaSalle Inc. Chief Executive Colin Dyer said Monday. In August, China’s insurance regulator announced a long-awaited revision to its rules, allowing insurance companies …
Continue reading “Insurers Are Likely to Boost China Property Demand”
Condo security: South Florida HOA to use fingerprinting device for access to clubhouse, block access to delinquents – South Florida Sun-Sentinel.com Several weeks ago, Lynn Penedo’s condominium association installed an electronic fingerprint-scanning device outside her building’s multimillion-dollar community clubhouse. Now she refuses to use it because she fears identity theft.The association says it’s all about …
Tracking the First Coast’s great condo bust [North Florida] While attention has been focused on shrinking values in Jacksonville’s single-family housing market,something much worse has been happening in the condominium market. Numbers tell the story: The median sales price for condominiums in Clay, Duval, Nassau and St. Johns counties has sunk by more than 70 …
Continue reading “Tracking the First Coast’s great condo bust [North Florida]”
Study: Nearly a quarter of all U.S. foreign buyers choose Florida International buyers have helped buttress Florida’s real estate market with 22 percent of all foreign clients nationally choosing property in the Sunshine State. That makes Florida tops for attracting foreign interest, according to a summer report by the National Association of Realtors. California came …
Continue reading “Study: Nearly a quarter of all U.S. foreign buyers choose Florida”