Althea Morrow considered moving into an extended stay hotel when the home she was renting went into foreclosure.
Instead, she’ll be living with her 24-year-old daughter, who has a four-bedroom apartment.
“It’ll save a little money, and I can help my daughter financially with the rent,” said Morrow, whose two youngest children also will be bunking with [...]
Palm Beach County’s commercial real estate market has slowed since last year’s record-breaking run, but there are some signs of life.
For starters, TA Associates has paid J.P. Morgan Investment Management nearly $60 million for West Palm Beach properties in the past six weeks.
In July, Boston-based TA paid $18.25 million for the 95,935-square-foot building at 1400 [...]
The overall real estate market in Florida has not fared well since the subprime mortgage crisis reared its ugly head. Miami topped the American Chronicle’s Worst 25 Housing Predictor Forecast in both 2007 and 2008, and was cited as possibly undergoing “the worst housing crash in national history.” But the market outlook in other parts [...]
The housing market crisis in south Florida was a “perfect storm” of oversupply, fraud, speculation, and tight credit, and it could take a couple of years for the Miami condo market to work through its oversupply, Miami Mayor Manny Diaz said on Wednesday.
Many Miami real estate developers “clearly” built more housing units than they should [...]
Keith M. Elliott Jr. a Realtor® with RE/MAX Olympic Realty in Haymarket, Virginia presents foreclosure statistics identifying the Top 10 hardest hit subdivisions in Prince William County. Mr. Elliott also discusses the impact future population trends have on the local housing economy and why buying properties now while values are low create a perfect storm to capitalize on future appreciation.
Home prices in Greater Baltimore inched up modestly from June to July, though the median sale price for a home in Greater Baltimore is still off from last year and the volume of homes sold remains sluggish.
That’s according to a market data report released Monday by Rockville-based Metropolitan Regional Information Systems Inc.
The median price for [...]
The most noticeable thing in Charles F. Hunt’s office is what’s missing: No family pictures on the walls. No certificates of achievement. No action figures from a favorite childhood movie perched on the desk.
It is just gray walls and clear windows in Hunt’s Osprey Avenue abode, where his family set up Hunt Real Estate ERA [...]
Bill Barnes, the new leader of the Bonita Springs-Estero Association of Realtors knows he is taking the helm in the midst of stormy economic times.
“It’s easy to guide a ship when the ocean is flat,” Barnes said. “We’re on the outer edges of a hurricane here.”
Barnes is a manager and developer of 13 different real [...]
Renters looking to live closer to work and play are making apartments scarce and driving up prices in the downtown Miami area, according to a recent tracking report.
Fewer than 800 units are available for rent, despite a construction boom during the last five years that produced nearly 21,000 new residences.
Bal Harbour-based Condo Vultures Realty says [...]
More Than $30 Million in Property to be Sold on August 16 in Lakeland. Scott Oglesby, owner/auctioneer of United Country – Oglesby & Company of Bartow, Fla., will conduct a public auction on August 16. The auction will feature more than 70 properties worth an estimated $30 million, including recreational land, large acreages, residential homes, building sites, condos, upscale homes and commercial parcels located throughout Florida.