News about properties and real estate
Philadelphia Gentrification: Tax Breaks Drive a Philadelphia Boom After years of losing population, the downtown region, known as Center City, is booming, with developments going up and old buildings being transformed into lofts and condominiums. That downtown Philadelphia has been experiencing a residential boom is no big surprise. Cities across the country have benefited from …
Continue reading “Philadelphia Gentrification: Tax Breaks Drive a Philadelphia Boom”
Bears Issue Warnings for Condos, Condo Hotels The Condominium Summit, co-presented this week in Fort Lauderdale, Fla., by Commercial Property News and Multi-Housing News, ended with a hearty debate over the future direction of the condo market. And when push came to shove, the condo hotel segment was hit with the greatest criticism. Hollowell criticized …
Continue reading “Bears Issue Warnings for Condos, Condo Hotels”
Using the family silver It’s hard to find lower loan rates than at the Bank of Mom & Dad. But beware the pitfalls. If the loan is sealed with a handshake rather than written documents, there’s a chance it might turn into a gift and create tensions among siblings. Loans improperly set up can cause …
Are Gainesville’s homes worth the asking price? A recent national market study reports that the Gainesville housing market is overvalued – that houses cost 23 percent more than they should. Real estate representatives, however, say homebuyers are getting a good deal, and the pace of listings and closings shows that. Using 20 years of statistics …
Continue reading “Are Gainesville’s homes worth the asking price?”
Tiger to buy Jupiter Island compound Golf superstar Tiger Woods, the top-earning athlete in America, has agreed to pay “in the neighborhood” of $40 million for a 10-acre oceanfront compound on Jupiter Island, according to real estate agents familiar with the deal. More astounding than the price, though, is that Woods, who earned $89.4 million …
Continue reading “Tiger Woods to buy Jupiter Island compound”
To Sell a High-End Home, Let Them Sleep On It It took a sleepover to sell a $2.5 million house in Malibu, Calif., after it had been on the market for three months. The buyers “were able to experience the amazing light at different times of the day, the spectacular views and what it was …
Continue reading “To Sell a High-End Home, Let Them Sleep On It”