Southeast Steady Performers Since Southeast cities like Charlotte, N.C.; Raleigh, N.C. and Nashville, Tenn. didn’t really follow the condo boom, they’re not likely to experience the same fall-off as cities that did, industry observers agree. In fact, Integra Realty Resources, a real estate valuation and counseling firm, believes a number of key Southeast cities are …
Category Archives: Regional
Home prices may be leveling [Southwest Florida]
Home prices may be leveling [Southwest Florida] Southwest Florida’s sagging housing market showed signs of stabilization in November, with Sarasota-Bradenton agents selling twice as many existing single-family homes as Miami and with prices perking up from fall lows. “Our area was inflated for so long,” said Garrick Newman, a Re/Max agent in Bradenton. “But over …
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New York City real estate market immune to malaise; home values rise again
New York City real estate market immune to malaise; home values rise again None of the bad news about the U.S. housing market has seemed to matter to the big spenders lining up to buy homes and apartments in New York City. The average sales price for a Big Apple dwelling climbed to $782,000 (€531,178) …
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Palmer Crossing sold for $57 million [South Florida]
Palmer Crossing sold for $57 million [South Florida] Sarasota developers William Saba and Thomas F. Kelly closed a whopper of a commercial real estate deal last week when they sold the Palmer Crossing Shopping Center to a Tampa investment group for $57 million. The price comes to $300 per square foot for the 147,000 square …
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The Swiss are home free
The Swiss are home free “My house is just a huge expensive brick weighing me down”, writes a homeowner on a Swiss political blog. His attitude is common in Switzerland, a country where levels of home ownership are almost half that of Australia. Switzerland is a wealthy nation of renters. In light of housing affordability …
Cramping My Style [New York City]
Cramping My Style [New York City] Manhattan residents are making an average of $147,000 this year, according to the U.S. Bureau of Labor Statistics. That might sound like a big number, but try owning a $1 million apartment or renting a threebedroom apartment on that salary. While we hear plenty of stories about hedge-fund kings …