News about properties and real estate
Condo seller employs new strategy: pay back buyers [South Florida] Selling condos in South Florida has become such a difficult task that some sellers are actually paying buyers to acquire their units. The Villas at Emerald Dunes, a recently finished condo development in West Palm Beach, is offering buyers a deal where the seller would …
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Students find luxury near campus [North Florida] Jacey Dykstra’s condominium is anything but an average student residence. Continue to 2nd paragraph The University of Florida sophomore nursing student comes home to 10-foot ceilings, granite countertops, French doors that open onto a private balcony and walls so thick, she never hears any of her more than …
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Phoenix Couple Struggles to Hold On To Several Investment Properties We’ll be periodically checking in with home sellers, owners, buyers and investors who have been affected by the cooling real-estate market. The Investors: Donna Butera, 47 years old, a home-staging professional, and her husband, Mark Butera, 45, a contractor, in Phoenix. The Buteras got started …
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On the foreclosure tour [South Florida] The latest trend in a South Florida housing downturn limping into its third year? Traveling tours of foreclosed homes. Desperately hoping to drum up business, real estate firms across the region are starting to offer the roving service each month. The concept, agents say, began in California and has …
Construction Companies Are Clamoring for Managers Despite rising interest rates, new home sales and housing starts remain remarkably robust. July housing starts jumped 8.3% over the prior month and 4.5% over year-earlier levels to a seasonally adjusted annual rate of 1.978 million, the Commerce Department reports. The industry’s run of good health is causing homebuilders …
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Builder woes hit home [North Florida] Six months ago, the lots in Weschester, a subdivision in northwest Gainesville, were flying off the market. Today the first wave of homeowners is beginning to wonder when the vacant lot next door will see development. Continue to 2nd paragraph And further signs of troubling times have come as …