Posts Tagged ‘Inventory’

Sarasota Real Estate: The Market Sees A Slight Reduction In New Home Closings

Sunday, April 27th, 2008

The residential real estate market in the Sarasota-Bradenton region, according to market analysts, began to overheat in late 2004 and 2005, and still continues to struggle because of the upsurge of speculative inventory created during that time frame. However, many say the positive news is that the market steadily reduced the level of finished vacant [...]

Condo projects will be few for remainder of ‘08

Sunday, April 27th, 2008

While some multi-family developments are currently under construction in San Diego County, the amount of condominium projects that will begin during the remainder of this year will be minimal, as a significant number of previously proposed condo projects have been delayed, offered for sale by the developer or become bank-owned.
“None of the permits that [...]

Choosing the Right Condo Regardless of Market Conditions, According to Simply Condos

Sunday, April 27th, 2008

For more than 7 years the Greater Metropolitan Toronto (GTA) region has witnessed a red-hot condominium real estate market and an unprecedented condominium construction boom. The record sales reached in 2007 are showing signs of slowing. Forecasts for 2008 Toronto real estate sales indicate that, over the short term, condominium prices may continue to rise, [...]

Paragon Casino Resort Selects Agilysys for Range of Hotel Solutions

Monday, March 24th, 2008

Agilysys, Inc., a leading provider of innovative information technology and hospitality software solutions, announced today that Paragon Casino Resort in Marksville, La. has selected Agilysys to provide a wide range of software solutions for the 531-room property, which recently completed an expansion that added an eight-story atrium and more than 200 guest rooms.
Paragon Casino Resort [...]

Median home sale price remains steady in borough

Thursday, November 29th, 2007

Keith Nowalk has had two houses on the market in Plum for a few years.
One house originally was listed at just under $500,000 and the other is listed close to $65,000. He can’t seem to sell either house. He’s cut the more expensive price by $150,000 over the last three years and moved a [...]

Beaches not seeing condo defaults despite market glut

Sunday, August 19th, 2007

So far this year, the developer of the oceanfront Costa Verano condos has reported a 17 percent national default, referring to buyers who walked away from their contracts and their six-figure deposits.
But that wasn’t the case for the Costa Verano at 1031 First St. S. and defaults have been few with new condos in Jacksonville [...]

Washtenaw home and condo sales plunge

Monday, July 23rd, 2007

In the first half of 2007, home and condo sales in Washtenaw County fell nearly 16 percent compared to the same period in 2006 - the largest midyear sales drop in at least seven years, statistics show.
“The inventory of homes is still very large and getting larger, in my opinion,” said Timm Williams, an [...]

Apartment rentals slow down dramatically

Sunday, July 8th, 2007

The pace of apartment rental in Dallas-Fort Worth has ground nearly to a halt this year.
And the dramatic slowdown in apartment demand in North Texas has left industry analysts scratching their heads.
“It’s pretty ugly,” said Greg Willett of apartment consultant M/PF YieldStar. The latest leasing numbers were released Thursday.
“Results for the second [...]

NYU Investment Conference: Legal panel to focus on condo-hotels, resort fees

Wednesday, June 6th, 2007

Of all the topics among hospitality industry attorneys, mixed-use developments and their complexities appear to be among the hottest issues, according to members of an NYU Hospitality Industry Investment Conference panel called “Hospitality Legal Eagles.” The conference is scheduled for June 3-5 at New York’s Marriot Marquis Hotel.
“Almost every deal I’m currently working on has [...]

Surprise growth will absorb office-condo surplus

Wednesday, June 6th, 2007

Cheap land and overzealous development have made Surprise one of the few Valley areas with an excess inventory of office condominiums, commercial real estate brokers report.
They add, however, that the oversupply should be absorbed in the long run as Surprise and the West Valley continue to grow.
Office condos are buildings with individual units popular among [...]

NYU Investment Conference: Legal panel to focus on condo-hotels, resort fees

Tuesday, June 5th, 2007

Of all the topics among hospitality industry attorneys, mixed-use developments and their complexities appear to be among the hottest issues, according to members of an NYU Hospitality Industry Investment Conference panel called “Hospitality Legal Eagles.” The conference is scheduled for June 3-5 at New York’s Marriot Marquis Hotel.
“Almost every deal I’m currently working on has [...]

Surprise growth will absorb office-condo surplus

Tuesday, June 5th, 2007

Cheap land and overzealous development have made Surprise one of the few Valley areas with an excess inventory of office condominiums, commercial real estate brokers report.
They add, however, that the oversupply should be absorbed in the long run as Surprise and the West Valley continue to grow.
Office condos are buildings with individual units popular among [...]


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