News about properties and real estate
More Sellers of Luxury Homes Turn to Auctions Jack Warner leaned against his home bar and checked his watch before resuming his blank stare at the white tent outside his multimillion-dollar dream house, with its swimming pool and views of the Florida gulf, soon to be sold at auction. “My whole life happens in two …
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Bidding wars break out on homes under $200,000 [South Florida] Bidding wars are returning to South Florida’s housing market, as investors and first-time buyers compete for homes and condominiums listed at $200,000 or less. The race for properties is reminiscent of the boom years from 2000 to 2005, when multiple offers on all types of …
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Last two waterfront lots on Siesta are being sold [South Florida] Ron Allen, who made his fortune investing in real estate, is set to snap up the last two undeveloped beachfront lots on Siesta Key today. The price of those lots: $5.4 million. “I may be paying more than I should, but I figure investing …
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This is a ‘Buyer’s Market’? Q: I’m frustrated with this so-called “buyers market.” I’m 28 years old and looking for a starter home for about $400,000 in Massapequa, New York. I have around $100,000 saved for a down payment and closing costs. I’m also recently engaged and saving for a wedding. (We made $215,000 combined …
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At Estates of the Fabulously Rich, Gilded Era Is Going, Going, Gone Richard and Amanda Peacock spent five years building their dream home, a 10,000-square-foot, orange mansion overlooking the ocean here. They filled it with leopard-skin chairs, pinball machines, antique Coca-Cola signs and six sports cars. It had a room full of 100 hunting trophies …
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More high-end properties sitting on the market After 14 months on the market and about a $1.2 million price cut, a large, newly built home in the Oakland hills is on the verge of selling, assuming the bank allows it to trade for less than what’s due on the loan. The approximately $950,000 “short sale” …
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