News about properties and real estate
Second homes: North Miami’s slice of paradise [South Florida] Just after World War II, Bal Harbour became one of the first planned municipalities in Florida with underground utilities. Since then, the tiny village’s relentless pursuit of aesthetic perfection has never waned, and from its famous palm-lined entrance to its perfect beach and world-class luxury shopping …
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Weak insurers put Floridians at risk Millions of Floridians now bet their homes on property insurers that teeter on the edge of financial failure, a Herald-Tribune investigation has found. These companies look nothing like the Allstates and State Farms that insure the rest of America — legacy carriers that command bankrolls the size of small …
Lakewood Ranch firm buys lots … $81 million worth [Central Florida] Starwood Land Ventures, a Lakewood Ranch firm formed three years ago to acquire distressed real estate, has scored one of the largest land purchases in Florida in the past year. Starwood Land officials say the company’s $81 million acquisition of nearly 5,500 lots from …
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Reality show real estate rakes in profit Want to rent the “Jersey Shore” house in Seaside Heights, New Jersey? It’ll cost you. What used to be just one of the many homes along Seaside Heights’ stretch of boardwalk is now a prime rental property that can cost as much as $4,000 a night, said the …
Miami-Dade foreclosure auction site baffles bargain hunters A new online foreclosure auction system started with a mission of quickly moving a chunk of foreclosed properties while opening up the bidding process to regular folks. A little more than a month later, some of the newcomers who bought property online say they were misled by the …
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Foreclosure mystery: Why can’t conservative Utahns afford their mortgage? During the housing bubble, they led the nation in bankruptcies. Now that the bubble is bust, they’re among the top states in foreclosures. A RealtyTrac report released Thursday showed they had the fifth-highest foreclosure rate among the states, with 1 in 231 homes receiving a foreclosure …
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