News about properties and real estate
Housing Speculators Relocate to Hotter Spots [Southern California] Some who scored with L.A.-area property take their profits to Las Vegas and Arizona. Their flight may soften the local market’s landing. Southern California’s high housing prices have at least one silver lining. They have kept speculators like Jay McKee from driving prices even higher — and …
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Making It Easier to Buy in Mexico When Thomas Keeling, a New York City firefighter, retired from the force in 2003, it took him less than a month to leave College Point, Queens, for this beach town about five hours south of Tucson. Mr. Keeling, 43, paid less than $500,000 for a 3,800-square-foot house with …
Land boom drives off practice areas [South Florida] When Hunter Nicholl first began playing golf 20 years ago in Naples, there were plenty of places to practice. “There used to be (driving) ranges everywhere,” Nicholl, 35, said of the first stop for many newcomers to the game. “You had one every three or four miles.” …
Young developer bets millions on S. Fla.’s real estate boom A developer is paying a bold $46.5 million for the two-acre parking lot just west of Miami’s Bank of America Tower at International Place. But perhaps even more surprising: He’s never constructed a building before. Jeremy Green, 32, is buying the parcel pinched between Southeast …
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Vicarage sells for $7.35M The Vicarage at 448 N. Lake Way — so-named because an unknown architect built it in 1897 for the vicar of The Episcopal Church of Bethesda-by-the-Sea — has sold for $7.35 million in a deal that closed Tuesday. The island’s third-oldest house and the first residence in Palm Beach to be …
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Beverly sale closes; execs retire [Northwest Arkansas] Beverly Enterprises Inc. Chief Executive William Floyd and others retired Wednesday, a day after the company was sold, and the new owner continues to mull over the business’s future. Fort Smith-based Beverly also said Wednesday that Randy Churchey will become the new chief executive of the nursinghome company, …
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