Housing market: South Florida prices cooling, but that’s a good thing

South Florida home prices soared from 2000 to 2005, then plunged during the next six years before quickly bouncing off the bottom. But the market’s mood swings appear to be over, analysts say. Housing settled into a more reliable investment in 2014, even as double-digit price gains disappeared. Expect the market to slowly strengthen in …

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 …

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 …

Brooklyn vs. Oakland: once affordable alternatives, less affordable than ever

Though we sometimes forget in our seven by seven microcosm, San Francisco is not the only city with prohibitively expensive housing. In fact, according to Bloomberg, 20% of all U.S. housing markets are “now less affordable than their historic average as price gains outpace income growth from New York to San Francisco.” The most unaffordable …

How a Mansion Tax Could Affect Wealthy Neighborhoods

Luxury-home prices in 33 major cities around the world—from Los Angeles to Monaco—are up 36% since 2009, according to data from real-estate firm Knight Frank. The taxman has noticed. To bolster public coffers or to curb rampant growth, a number of cities, including Singapore, Hong Kong and San Francisco, have imposed or increased taxes on …

Construction for seniors is surging in metro Denver

Balfour at Riverfront Park markets a resort-like lifestyle to seniors near the former Moffat Depot, a few blocks from the beating heart of Denver’s cultural and club scene. “Nobody else is doing this. We believe this is the finest senior living community in the country,” said Michael Schonbrun, founder and CEO of Balfour Senior Living …