News about properties and real estate
To live and buy in L.A. More people. Prices stuck in the stratosphere. Vanishing open land. These and other factors give the housing crunch new bite. If Southern California’s housing market of the last six years were a hit song, owners who have seen their homes double in value would be humming “We’re in the …
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Neighborhoodtimes: 193 more apartments to go condo The rental market is about to get a little tighter with the sale of a west-side apartment complex that will soon go condo. Fifth Avenue Apartments, at 5675 Fifth Ave. N, sold in the last two weeks for $16.5-million. The 193 units are still rentals, but the new …
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Last house on Singer Island’s condo-laden beachfront isn’t for sale — at any price [South Florida] John Shillingburg’s slice of paradise is exactly that — 50 feet wide, 400 feet long, from Intracoastal to Atlantic, the only single-family house perched on the island’s oceanfront. And no, it’s not for sale, at any price. The modest …
New trend for first-time home buyers [Contra Costa] In the hypercompetitive world of Bay Area real estate, a trend has emerged that brightens the prospects for first-time home buyers but tightens the options for the most cash-strapped among us. The trend — developers converting rented apartments to owner-occupied condominiums — has been gaining speed in …
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Homeowners despair as insurers refuse to pay Debate over coverage stalls efforts to rebuild and may land in court Angry messages spray-painted on jagged pieces of scrap plywood line Beach Boulevard, where families lived and vacationed for generations before Hurricane Katrina.
Housing boom could storm heartland Could the real estate action be shifting to the heartland – the vast swath of middle America that never really was touched by the hyperinflationary housing boom? That’s what a new statistical analysis of housing price cycles in 100 major metropolitan areas suggests could be over the horizon. Its author, …