News about properties and real estate
Being able to click with people — all kinds of people — can mean success for a homebuilder. From childhood, Christin Cupp has known all kinds. Her mother, she says, was a "bar floozy." Her father, a Jehovah’s Witness. “During the week, I grew up in a bar,” she said. “On the weekends, I would …
Continue reading “Charlotte County builder’s odd road to success”
Q. Please let us know how one can identify a well-managed condominium association when considering purchasing a unit. Please share your top three or four questions to ask as well as tips to look for in the answers.— J.G. A. I would first sit down and compose a list of thing you want in your …
Continue reading “Richard White: Tips on how to identify a well-managed condo association”
Meg McKennon’s workload has surged since the Seattle real estate agent switched to managing residential properties. Now she gets paid for finding tenants instead of buyers – an easier task as rentals soar. “In the past two months, my business probably came close to tripling,” said McKennon, who started management company Dwellings Seattle Real Estate …
Continue reading “Property managers busy as rental market surges”
A crown jewel of Tampa’s skyline has sold as part of a 14-building deal. The SunTrust Financial Centre went for $82 million — $32.5 million less than it sold for in 2007. Beacon Capital Partners, a Boston-based real estate investment trust, bought the 36-story skyscraper and 13 other buildings last month in a $1.71 billion …
Continue reading “Tampa’s SunTrust skyscraper is sold for $82 million”
Sellers of South Florida condominiums, buffeted by the devastating housing downturn, are bracing for another blow caused by prospective buyers’ problems getting mortgages. Buyers who want loans backed by the Federal Housing Administration are being shut out of buildings that no longer qualify for FHA financing. That likely will slow the region’s recovering condo market …
Continue reading “Condos: Buyers needing FHA loans shut out of buildings”
Kern farmland has become one of the county’s hottest investments, due in part to broadly higher commodity prices and growing demand for land with vested water rights.People in the industry say large farming companies are taking advantage of low interest rates and bidding against institutional investors with few other attractive options for earning income.While some …
Continue reading “Farmers, outside investors bid up local ag land”