A cooling trend in real estate flipping If buyers have felt lonely making the sole bids on houses these days, it might be because home flippers, those who buy property with the intention of renovating and reselling quickly, haven’t been as active in the last year. “Flipped” houses, considered by analysts to be those owned …
Category Archives: Investment Tips
Real Estate Funds Continue to Show Gains
Real Estate Funds Continue to Show Gains If location is the golden rule of real estate, then many who invest in real estate mutual funds might at times feel as if they’ve stumbled upon a great deal in the fanciest building in town. A big acquisition in the commercial real estate market has led some …
Memo to Shrewd Condo Investors: Buy in Chicago
Memo to Shrewd Condo Investors: Buy in Chicago Any report on the condo development market routinely lists cities such as Miami and Las Vegas as the touchstones of a market gone mad. It’s just as easy to point to Chicago, where conversion of disused and historic office buildings has fueled a resurgent and, some say, …
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Rebuilt Grand Cayman Boasts Hot Real Estate Market
Rebuilt Grand Cayman Boasts Hot Real Estate Market Looking for a new real estate opportunity? While most markets are crumbling, the island of Grand Cayman is enjoying quite a boom. The combination of a thriving financial services industry and buoyant tourism led prices 10% higher last year, according to Kim Lund, owner of ReMax Cayman …
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Home lenders cut flow of risky loans
Home lenders cut flow of risky loans David Radley, a sound engineer, wants to borrow $180,000 to buy a house he rents in Appleton, Wis., but he can’t afford a down payment and has a low credit score. Finding such a loan was a snap until recently. Now mortgage broker John Waite of Full Resource …
Marino cuts price of his Weston home — to $14.5 million — as no buyers emerge
Marino cuts price of his Weston home — to $14.5 million — as no buyers emerge The sluggish housing market plays no favorites. Even South Florida’s favorite former football hero is having trouble selling. Miami Dolphins legend Dan Marino has reduced the price on his Weston home to $14.5 million from $15.9 million, his listing …
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