The great condo divide Not since Archie and Meathead went toe to toe in “All in the Family” has generational conflict reared its ugly head this high. As people who have bought into condominium projects are discovering, a battle of priorities among different age groups is raging on the common-ownership front. After all, just because …
Category Archives: Real Estate
Tax plan: Big savings, major cuts
Tax plan: Big savings, major cuts The Legislature is preparing to cut the average property-tax bill 7 percent this year, and then ask voters next year if they want to save far more by supersizing homeowner tax exemptions, under a plan Republican leaders released late Friday after weeks of secret talks. Total cost to local …
Avalon Homes CEO never planned to hurt anyone
Avalon Homes CEO never planned to hurt anyone In his first public comments, the attorney for a former home builder who is accused of defrauding several North Port families said Joseph Pufta never planned to hurt anyone and was himself a victim of the downturn in the real estate market. “It was a business slowdown …
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You can hardly lose with California housing
You can hardly lose with California housing Yes, there have been small declines in some relatively overbuilt parts of this state. But in places where homes have not been overbuilt, or where in-migration continues at a fast pace, prices are still rising slightly or just staying flat. It happens every year about the same time …
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Many Investors Feel Like Running Away From Homes
Many Investors Feel Like Running Away From Homes Buying real estate seemed a no-brainer five years ago. Cheap loans were easy to get. Home prices were soaring. Stocks were dead money. How things have changed. For-sale signs are sitting ignored in some cities. Interest rates on exotic loans are doubling. Insurance premiums and property taxes …
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Seniors can get caught in a tax trap
Seniors can get caught in a tax trap After Kimrey Newlin retired two years ago, he and his wife moved closer to their grandkids, leaving the $1.2 million Key Biscayne house they had lived in for 27 years for a $545,000 home in the Falls. Now they’re 10 blocks from the kids, and a hand-painted …