Condo sales turn sour [South Florida] Market-distorting rebates and incentives helped move units at Vintage Grand, and banks are left with bad loans Martin Caparros was late to the party with his Vintage Grand condominium conversion project, but his sales team still managed to sell 238 units for a total of $43.4 million from January …
Category Archives: Regional
Buyers drive hard bargains in Puget Sound area real-estate market
Buyers drive hard bargains in Puget Sound area real-estate market With home sales soft, agents like Windermere’s Mark Corcoran say most sellers must make concessions to be competitive. Corcoran, whose main territory is North Seattle, recently represented the seller of a $700,000 home that quickly attracted two offers. Both were at least 10 percent below …
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Living large at Luxuria [South Florida]
Living large at Luxuria [South Florida] Would you like to live in Boca Raton on the ocean? If you have a friend who sells real estate, you can both be happy at Luxuria, a 24-unit condo that immodestly bills itself as the most “grandiose and extravagant residential building ever constructed in South Florida.” At a …
Taiwan Real Estate Is Becoming Hot Property on Nationalist Win
Taiwan Real Estate Is Becoming Hot Property on Nationalist Win Anticipation that a wave of cash from mainland China will eventually reach Taiwan is helping to turn its real estate into a hot property. Markets in Taiwan, one of Asia’s worst laggards as an investment destination in recent years, were livened up by the Nationalist …
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Boom & Bust, Part 1 [South Florida]
Boom & Bust, Part 1 [South Florida] They peeked in the closets. They sniffed the kitchen and breezed through the Spanish-style three-bedroom on San Lorenzo Avenue in Coral Gables, which was going for $653,900. Minutes later, they retreated to the cool air of the black limousine minibus waiting at the curb. The nine potential buyers …
Seattle luxury-condo complex Escala will raise prices
Seattle luxury-condo complex Escala will raise prices The market for new downtown condos has cooled. Many potential buyers are backing off, fearful of recession and wary of the national real-estate downturn. So Escala, the 31-story luxury complex under construction at Fourth Avenue and Virginia Street, is raising its prices? Developer Lexas Cos. said this week …
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