Home Prices Rise in California Again California’s median price for an existing single-family house rose for the third straight month, a sign that the state’s battered real-estate market may be bottoming out. The median sales price increased to $267,570 in May for a California home, an increase of 4.2% from April, according to a report …
Category Archives: Regional
Palm Beach Projects in Distress [South Florida]
Palm Beach Projects in Distress [South Florida] In further evidence that the wave of foreclosures against large residential projects in South Florida is far from over, lenders have moved to foreclose on two prominent projects in Palm Beach County. Country Lake at Palm Beach, a local rental complex, has been hit with a $19.5-million suit, …
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Keep up with your homeowner’s insurance [North Florida]
Keep up with your homeowner’s insurance [North Florida] The Big One won’t hit this year. Will it? Northeast Florida has been spared from a direct hurricane hit since Hurricane Dora in 1964, but there’s always a possibility the region’s luck will run out in a new hurricane season. Given the threat, an annual checkup of …
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Twice-flooded Orlando-area homeowner gives up, sells house through FEMA program [Central Florida]
Twice-flooded Orlando-area homeowner gives up, sells house through FEMA program [Central Florida] I just watched my house get destroyed for the third time in five years. This time for good, devoured one crunching bite at a time by a big yellow track hoe until nothing was left but crumbs of stucco and concrete. I guess …
Last two waterfront lots on Siesta are being sold [South Florida]
Last two waterfront lots on Siesta are being sold [South Florida] Ron Allen, who made his fortune investing in real estate, is set to snap up the last two undeveloped beachfront lots on Siesta Key today. The price of those lots: $5.4 million. “I may be paying more than I should, but I figure investing …
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On the waterfront [South Florida]
On the waterfront [South Florida] There’s something about living on the water — whether it’s the ocean, Intracoastal, or even a manmade lake — that soothes the soul, inspires active, outdoor living … and helps to fill our wallets. Purchasing waterfront property will almost always yield a positive return on your investment, since there is …