News about properties and real estate
The distinctly homey vibe at the two-room office Lee Norville opened 30 years ago in his hometown is no accident.For example, the weekly sales meetings at 1938 Hamilton St. near Avondale always start with a prayer and sometimes end with a group hug. The meeting agenda calls for the small cadre of Realtors to share …
Continue reading “Small brokerages carve out niche in Northeast Florida real estate industry”
Distressed sales — foreclosures and short sales of homes sold for less than the amount owed — accounted for 17.3 percent of bay area sales in May. That was more than twice the national rate and the third highest rate among the 25 largest metro areas, CoreLogic reported Tuesday. Only the Baltimore and Chicago regions …
Continue reading “Distressed home sales in Tampa Bay still high despite improving market”
Only about one in eight businesses and residences in East Baton Rouge Parish is covered by flood insurance, a reality that is sure to take a financial toll on those living in the vast swaths of neighborhoods that flooded during this weekend’s storms. The figure is higher in Livingston Parish, where 22 percent of structures …
A new Jersey company said it’s expanding into South Florida with a service that allows home sellers to avoid “the hassle and awkwardness” of negotiating lower commissions with real estate agents.Less Percent Real Estate pairs sellers with local agents who already have agreed to accept less than the typical 6 percent commission. Sellers can use …
Continue reading “These real estate agents cut their commissions”
Pete Pollinger and his wife, Julie, are relocating from Boca Raton to Melbourne, a city of about 70,000 on Florida’s Space Coast, named for its proximity to NASA rocket sites at Cape Canaveral and the Kennedy Space Center. They weren’t just hunting for a place to live. As they get ready to move this year, they’re …
Continue reading “Landlord Nation: Boomers’ New Retirement Plan Is Millennials Paying Rent”
The Keyes Co. and Illustrated Properties announced a merger on Wednesday, in a deal that makes the combined firm the largest independently owned real estate brokerage in Florida. “It’s really two families coming together,” said Mike Pappas, CEO of Miami-based Keyes. “We will be maximizing each other’s strengths.” The South Florida firms said they will …