News about properties and real estate
Ottawa-based Claridge Homes built the oceanfront Sonata Beach Club, a 64-unit luxury condominium building. Its suites, which are named after composers like Bach and Mozart, range from 2,763 square feet to 3,090 square feet. According to a media report, Claridge only sold 34 of those units and, in 2009, was the subject of a foreclosure …
Continue reading “Heafey picks up Claridge-built Florida condos”
Phoenix Ackiss sat precariously on an upright suitcase in the clutter of belongings in his living room, striving for balance amid the disorder of his life. For more than a year, he’d been out of work, his three degrees and experience in fields from mental health to shipyard work spurned by employers. Ackiss knew he’d …
Continue reading “Out of work and losing his home, Norfolk man nears 65 with unease”
The many woes of Florida’s housing market are well-known: hundreds of thousands of foreclosures, millions of underwater mortgages and a four-year trail of depreciating property values. Florida lawmakers, handicapped by a $3.6 billion budget shortfall, will take their best shot at solving some of the most pressing housing problems during this year’s legislative session, which …
Continue reading “Florida legislature to consider new real estate laws”
Residents in Clark County who are facing foreclosures can now sigh in relief as help from the federal government is on its way for their mortgage payment. Nevada was chosen to be one of the recipients Hardest Hit Fund established President Obama. The state one of the numerous states in the United States who has …
Continue reading “Hardest Hit Fund Help Homeowners’ Mortgage Payment”
Fabiana Pimenta, a real estate agent for Fortune International, is sitting on a white leather sofa in the model apartment at Jade Ocean with the expansive ocean views and the Fendi décor, waiting to begin a tour of the Sunny Isles Beach building. Pimenta, a Brazilian who moved to Florida to attend college, is entitled …
Continue reading “Brazilian buyers put the luxe in real estate”
Many markets, such as Florida, California and New York, are seeing a surge of foreign buyers. One luxury condo complex in Miami Beach says a growing one-third of such buyers are snapping up homes at bargain prices. Last week, a story on cash buyers quoted a Realtor in Napa Valley noting particular interest from Chinese …