News about properties and real estate
Square Feet – Long List of Commercial Properties Face Distress For many months now, the commercial real estate industry has been grim about its future, but it has been hard to quantify just how bad things are. The default rate for loans packaged into securities and sold on Wall Street has remained well under 1 …
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Bargains drive up home sales in Palm Beach County [South Florida] Even as job losses mount and mortgage lending remains tight, South Floridians still are buying homes. Bargain hunters continue to respond to plunging prices, with October sales of existing homes in Palm Beach County rising 37 percent, to 618 from 450 a year ago, …
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Census details North Port housing excess [South Florida] Only five cities in the nation built housing at a faster rate than North Port since 2005, according to new U.S. Census data showing just how overheated the city’s housing boom was. In fact, North Port added more housing in the past eight years than in the …
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Marinas watch, wait for end to slow dock market [South Florida] Southwest Florida’s dockominium industry – going full speed ahead three years ago – is going through a no-wake zone now, say owners and builders. But long term, they say, individually owned spaces in a dry dock facility are still a good investment because they …
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Real estate a trap for metro Atlanta couple When housing was hot and credit easy, Nadege Adam and Jude Valles gorged. Together and separately, the couple bought a five-bedroom house in Smyrna, a condominium in Smyrna for his mother and another condo at an intown development that was creating a lot of buzz at the …
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O.C. house prices seen rising in 2013 [Southern California] From where Evan Gentry sits, Orange County’s housing market looks pretty grim. Gentry, 37, heads Ladera Ranch-based G8 Capital, a company he founded last year to invest in troubled loans and foreclosed homes. As someone who constantly looks at the things lenders are trying to ditch, …
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