News about properties and real estate
A recent RealtyTrac/Trulia survey revealed that 85 percent of current homebuyers are interested in distressed properties—residences that have been foreclosed or are being offered as short sales. At the same time, the city and suburbs possess a substantial stock of distressed condos, lost either by homeowners or by developers. But buying a foreclosed condo has …
Continue reading “Expert Tips for Buying a Foreclosed Condo in Today’s Market”
After experiencing one of the worst housing market crises, Miami is making a strong comeback — above other major cities in the US — fueled by international investors buying local real estate with cash. The coastal and desert regions in the US, including South Florida, are seeing significant sales activity compared to the rest of …
Continue reading “Miami residential sales recovery rockets past rest of nation”
After his wife died, retired plumber Leonard Selinsky tried to simplify his life by moving into Sunset Village, a mobile home park in Glenview with tidy homes and friendly neighbors.His new home is no trailer – it’s a two-story Cape Cod with three bedrooms and an attic. “I love my house," he said. "This is …
Continue reading “Residents of foreclosed mobile home park fight to control their future”
Holly says she is done with work. She wants to retire and sell her $400,000 home, which is mortgage-free. Jeff, her husband, still has a lot of years before he wants to retire from his IT job. But here’s the real catch to their situation: They’re both in their late 30s, and Holly says she …
Less than 18 months after acquiring the former Century Plaza high-rise condo tower in central Phoenix, the owners of One Lexington condominiums said they have sold out 85 percent of the project, an average of about one unit every three days. Developers Rob Macdonald and Robert Hubbard, of British Columbia-based Macdonald Development Corp., said it’s …
Did you know your garage door may be the most vulnerable part of your home to hurricane damage? That’s because it is typically the largest opening in a home. If left unsecured, the garage door is susceptible to 100-plus-mph winds that can cause it to buckle, allowing wind to penetrate the garage, potentially rip apart …
Continue reading “Making garage doors stand up to hurricanes”