Posts Tagged ‘real estate values’

Sales of Foreclosed Homes Weigh on Prices, Spur Transaction Counts

Friday, October 31st, 2008

In August 2008, 23 of the 25 MSAs tracked by Radar Logic’s Residential Property Index(TM) (RPX(TM)) experienced year-over-year price declines while 12 MSAs saw transaction counts increase from July 2008, according to the August 2008 RPX(TM) Monthly Housing Market Report released today by Radar Logic Incorporated. Both the price declines and the transaction count increases [...]

Control rent or convert to condo?

Tuesday, April 24th, 2007

Across California, thousands of mobile home owners are confronting the question of whether to buy their lots. An estimated 30 California parks have begun owner-initiated conversions, and supporters and critics of the process say scores of California’s 4,822 mobile home parks could soon take the same step.
Park owners call the “condo-conversion” process a win-win situation [...]

Carrefour’s real estate prompts takeover interest

Sunday, March 25th, 2007

PARIS - Carrefour, the European answer to Wal-Mart and the world’s second-largest retailer, is in play.
It is a classic story, involving generational tensions, a senior executive summarily dismissed and pressure from powerful investors hunting for profit. But it is also a very French story because the value of the treasure at the tale’s core — [...]

Renters would feel sales-tax pinch

Saturday, February 24th, 2007

For Sunday Lewandowski, making ends meet requires sharing a two-bedroom apartment with a roommate. Even so, the Miami Beach Senior High English teacher says about half her monthly income goes to rent.
While owners of homesteaded property may cheer the elimination of the property tax, Florida’s roughly 5.4 million renters are among those who could be [...]

Condo project on Douglas gets city blessing

Wednesday, February 7th, 2007

A condominium project near Douglas and Hillside will drive the renovation of an area that has slowly gone downhill, say residents and business owners.
The Wichita City Council on Tuesday approved the more than $50 million project at Victor and Rutan. Developers plan 160 condominiums in brownstone townhouses and a 12- to 14-floor tower.
The units will [...]

A Guru And A Vacant Hotel

Monday, December 25th, 2006

At its opening, the hotel on Constitution Plaza in downtown Hartford was described as almost too luxurious for the city.
Today, its owner is marketing the vacant, decaying structure as worth $10 million - but there are no takers. Hartford’s mayor says the building should be torn down.
The 12-story hotel, empty for a dozen years, has [...]

Aspen real estate values astound even the experts

Tuesday, September 5th, 2006

Even veteran real estate agents used to Aspen’s stratospheric property prices find the latest trend amazing: up to 60 percent appreciation on several homes and condos in less than a year.
‘‘On certain properties there has been enormous escalation in value,’’ said Ernie Fyrwald, owner of Morris and Fyrwald Real Estate. ‘‘Sometimes it’s very astounding. It’s [...]