News about properties and real estate
Foreclosures put added burden on association-run communities [South Florida] If you think you’re paying more to live in your condo, townhouse or gated community, consider this: It may get worse before it gets better. Experts fear that with homes selling slowly, owners who can no longer afford payments may soon abandon them. If that happens, …
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Developer shelves luxury condo project [South Florida] Developer decides now is not the time for its luxury condo project. Faced with continued sluggishness in the high-end condominium market and little reason for short-term optimism, the owner of the land at U.S. 41 and Gulf Stream Avenue downtown has shelved plans for a 17-story luxury residential …
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In Briny Breezes, some sad at selling $1 million trailers [South Florida] Back in the early days, before telephones, air conditioning, television and double-wides, a loudspeaker chronicled many of the joys of tropical life, trailer-park style. When dolphins frolicked just offshore, the manager’s wife announced the sight on the public-address system. When families returned from …
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Colorado real estate a house divided Give him a home in good condition priced below $300,000, and Grand Junction real estate broker Hal Heath claims he can probably sell it within a few hours. “As soon as I make two phone calls, a sale is done,” said Heath, whose greatest fear is selling a home …
West Delray condo owners still wait to return after Wilma Elena Ecker points to what used to be her kitchen, bedroom, bathroom and living room. The one-bedroom condo is now just a shell divided by metal beams and a plywood roof. Ecker’s home is one of an estimated 375 units at Kings Point empty since …
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Sinkhole policies may change While insurers bemoan their troubles with Florida lawmakers this week, they stand to win at least one fight. The Florida House and Senate are on the verge of dramatically changing state law on sinkhole insurance. This could cut rates in half for homeowners in hard-hit Pasco and Hernando counties, where 80 …