For many Americans, especially the Baby Boomer generation, retirement is either here or just on the horizon. The first of the Boomer generation to hit retirement age was in 2011 and according to the National Association of REALTORS®, the population of baby boomers entering retirement is projected to be 10,000 people a day, for at …
Category Archives: Real Estate
Beware the zombie (houses) still menacing Tampa Bay neighborhoods
Zombie houses. Abandoned by their owners and stuck in the foreclosure process, they are a blight on neighborhoods rich and poor. Some have been vacant for years, so long that people like Lee Randall can’t even remember the last time they saw the normal signs of life. Randall lives a few doors away from a …
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A record-setting $8 million for a recent South Park condo sale [San Francisco]
One couple has purchased both brand-new condos for sale at 147 South Park for a combined price of $8 million, according to a report from SocketSite. The 3-bedroom, 3.5-bath second-floor unit sold for $3.05 million, while the top-floor, 3-bedroom, 2.5-bath unit sold for $4.995 million. (The ground floor has storage, a lobby and two parking …
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Luxury condo reservations are brisk in downtown St. Petersburg | Tampa Bay Times
Reservations for One St. Petersburg, a 41-story condo tower planned for the city’s thriving downtown, have “far surpassed expectations,” the project’s sales director said Wednesday. Since marketing began a few months ago, 104 of the 253 luxury units have been reserved, representing total sales of $106 million, according to Dave Traynor of Smith & Associates. …
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4 Places to Own a Retirement Home and Rent it Out
A retirement home overseas can be much more affordable if you rent it out when you’re not using it. If you don’t plan to be in residence for the entire year, being able to rent your house or apartment to holiday-goers can help cover the costs of owning and maintaining the property. It could even …
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For seniors, a high-end boom in rental housing
Tucked beside the Maine Turnpike, across from the Maine Mall, is the site where Resort Lifestyle Communities plans to build its version of senior citizen nirvana. The 128-unit housing complex would feature fully equipped luxury apartments, social programs and shuttle service, along with a pharmacy, bank, hairdresser, gift shop, health club, movie theater and two …
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