Will Wall Street Remain Landlord?

With institutional capital pulling back from the single-family rental market in recent months, the question of its future in this market remains. RealtyTrac has released a new report that studies the markets where Wall Street has invested the most in single-family rentals and predicts in which of those markets institutional investors are likely to remain …

Managing Real Estate Assets in Your Retirement Portfolio

Diversification is essential since real estate can be just as volatile as stocks and other assets. Remember the housing bust when the market peaked in 2006 and declined for years? In my book The Cul-de-Sac Syndrome I wrote about a southwest Florida couple who loaded up on real estate at the height of the housing …

Luxury Condos with Private Pools

The latest weapon in the luxury high-rise arms race: a private pool in every unit on every floor.At ONE KL, a 35-story luxury building in Kuala Lumpur completed in 2009, the building’s tagline boasts, “94 Apartments, 95 Swimming Pools.” In the Bahamas, each of the 34 units at Honeycomb, a condominium with a hexagonal-patterned facade …

Don’t Buy a Home as an Investment

This year, I sold one apartment and bought another. It was a reminder that the words “home” and “investment” don’t belong in the same sentence. Don’t get me wrong: I’m all in favor of home ownership. The tax breaks are impressive. Home ownership forces us to save: With each mortgage payment, we whittle down the …

Residential building boom going strong in downtown St. Petersburg

Construction cranes will remain a part of the downtown landscape well into next year as one of the biggest residential building booms in this city’s history keeps going strong. Developers say their bet on St. Petersburg as an ideal spot for urban dwellers is paying off. Four apartment buildings have begun opening in the past …

Improve your chances of a sale by boosting your curb appeal

It is vital to capture a buyers’ interest immediately when selling a house because first impressions really do count. For this reason it is really important to ensure that the front of your house is presentable. You should give your house a makeover before putting it on the market – don’t wait until after the …