Estate News

Pinellas County Florida - Well all home owners, investors and others got some bad news today - Leon County Circuit Court ripped Amendment 5 off the November ballot. We still have a chance because the State will appeal the ruling and it will ultimately be decided by Florida's Supreme Court. Govenor Crist Weigh's In on Court's Ruling In the Florida Capital News Crist weighs in. Crist said Cooper's

Saskatoon’s real estate market among most balanced: CREA (canada.com) - July 16th, 2008 Day of bad news for the economy (therecord.com) - July 16th, 2008 Economy takes triple hit (Toronto Star) - July 16th, 2008 Resale home listings increase, sales slip: real estate association (CBC) - July 15th, 2008 Bank of Canada faces crucial rate cut choice [...]

‘Challenging times’ for Ontario (ottawacitizen.com) - July 4th, 2008 GTA Resale Housing More Balanced in June (TREB) - July 4th, 2008 Economic rebound spurs ’sigh of relief’ (Globe and Mail) - July 1st, 2008 Today’s suburbs, tomorrow’s slums? (Globe and Mail) - June 30th, 2008 S-s-s-s: The sound of air escaping Muskoka’s real-estate balloon (Globe and Mail

Abu Dhabi named 'world winning city in the making'AME Info - United Arab Emirates A recent report by real estate services company Jones Lang LaSalle named Abu Dhabi as a world winning city in the making, predicting that the UAE capital ... House of Patel's US$25 million 'Natasha Riverdale' project - 75 ...Al-Bawaba - Amman,Jordan Patel Real Estate Developers (PRDPL), the real estate arm of '

Take Action on Affordable Housing, GTA REALTORS® Tell City (TREB) - Monday, June 16, 2008 West Coast resort targets Ontarians (Globe and Mail) - Friday, June 13, 2008 Technical signs flash warning for house market (Toronto Star) - Friday, June 13, 2008 Vacancies headed for historic bottom (Toronto Star) - Thursday, June 12, 2008 TREB [...]

Surge in New Listings Slows Increase in Canadian House Prices (CEP News) - Monday, June 16, 2008 ‘Green’ lease debuts in commercial real estate (Law Times) - Monday, June 16, 2008 Canada existing home sales dip 0.5 percent in May (Reuters) - Sunday, June 15, 2008 Canadians need to dig out as debt load [...]

Mason School District Single Family Average Price Days on Market Condos Average Price Days on Market Actives 389 $557,777 111 162 $180,093 96 Pendings 119 $446,420 82 22 $185,873 73 Closed (01/01/08-05/11/08) 162 $368,340 86 63 $155,135 109 Data from Greater Cincinnati Multiple Listing Service Single family home sales in the Mason School Di

I've been working away like made over the past couple of weeks. I've been locked up in my office working away on the new blog facility for Eye on Spain.I am so glad that I have actually finished it as I've now been allowed out of my office. We're going to be launching it on Tuesday and it means that anyone can have a blog on Eye on Spain.I hope it proves to be popular...enough effort's gone into

I read a lot real estate related news articles. The media has figured out that if they talk about real estate people will read the articles. Everyone has to live somewhere, all people can relate to real estate and the decline of home prices is a hot topic.  Its evident by reading the articles that not all of the

CoastWise RealtyMaine's Oceanfront SpecialistsRepresenting Real Estate Buyers in Maine800-293-4416207-338-6005Maine & National News About Real Estate Sales LOCAL AND NATIONAL NEWS INDICATES STRONG BUYERS MARKETWe continue to see downward pressure on real estate prices here in Maine. For the first time in memory we're seeing certain words appear on our Statewide MLS:"Bank Owned""Short Sale""Motivated Sellers" "Bonus to Selling Broker""Seller to Pay...." These keywords can only mean one thing! We're in a "BUYER'S MARKET". Good news for real estate BUYERS, bad news for real estate SELLERS.Interest rates continue to drop and there are a lot more sellers than buyers around. All these factors makes for a unique buying opportunity that may or may not last through the summer --high season for

Luxury Real Estate and Clearwater Beach Condos are like the Magna Carta Did you know that the Magna Carta signed by King Edward I in 1297; thefirst declaration of human rights;... The complete article is found on my website blog www.SandbarsToSunsets.com specializing in the bluest backyards in the Tampa Bay area

According to the Texas Workforce Commission and Bureau of Labor Statistics, Austin’s labor stats are outperforming the Texas averages, and nearly allother major metropolitan areas.  Read until the end to find out WHY this is real estate news… ***Ranking SECOND in Texas only to the McAllen area, Austin’s EMPLOYMENT GROWTH RATE is at an impressive 3.5% while overall, Texas experienced 2% growth rate over the last 12 months.  The misconception of big city equals big employment is simply false and as Austin job creation numbers consistently rise, chances are you’ll be here soon if you’re not already!  Other metropolitan areas that had impressive numbers were Houston and Dallas, both at 2.6% growth, Waco at 2.4% and Midland at 2.5% employment growth rates. ***Austin’s UNEMPLOYMENT RATE is also declining.  Raking FOURTH in Texas after Midland-Odessa (3.25% unemployment), Lubbock (3.5%), and Amarillo (3.5%), Austin has only a 3.7% unemployment rate

Hat tip to IntoTheBox.TV for contacting me. Their website is a blast to explore and covers... well... here is what they have to say about that...IntoTheBox is all about peering inside the surreal housing market here in New York City. With approximately 13 million people residing in the New York Metropolitan area — and available housing at an absolute premium — it's no wonder the market has been compared to a blood sport. People will lie, cheat and steal for a small slice of the scrumptious real estate pie.IntoTheBox takes a look at the news, trends and politics of the NYC real estate market. The stories here are even better than fiction. Our daily videocasts provide you with an intimate view of the way New Yorkers cope with the absurdities of living in the best city in the world.Show us your pictures, send in your comments and join the dialogue with the community that is now IntoTheBox. Enjoy!Soo.. we're going to follow along and watch the Video info they come up with over there

I recently found a very good web source in which you get news information from many different subjects on the same page. In my case, I chose real estate and technology news, so each day, I can check new inputs in these areas of knowledge. As a real estate professional it is important for me to know and learn about real estate issues, and markets in other communities. Visit http://www.congoo.com/realestatetechnician and register to get daily real estate and technology news. You might even want to create your own news circle and invite others to share your interests. You can even have your own real estate news circle. Then, you and I will have a lot in common.

I have been crazy busy this week, but promised more stats and thought this might be useful. I picked two communities with sold housing stocks and thriving business communities: Lakewood and Rocky River. These are going to be statistics of homes sold for each year 2004-2007 (again, home stats cover homes listed with area brokerages). These combine single family homes, town homes, condos; these stats cover January through August 17th of each year.Rocky River:2007 188 Homes SoldAverage Sale Price was $244,0022006 194 Homes SoldAverage Sale Price was $241,0952005 189 Homes SoldAverage Sale Price was $231,8152004 205 Homes SoldAverage Sale Price $245,043Lakewood:2007 84 Homes SoldAverage Sale Price was $281,4332006 87 Homes SoldAverage Sale Price was $255,6722005 344 Homes SoldAverage Sale Price was $185,0182004 327 Homes SoldAverage Sale Price was $182,533In both communities the sale prices are higher but the numbers of homes sold are lower. Lakewood has quite a jump in average sa

You've all heard the news (since it's all over the media) about Countrywide, one of the Country's largest providers of mortgages. They are scrambling to avoid bankruptcy. I have to tell you, it is still possible to get a safe mortgage loan and that is the only good news in this mess. Brian Brady is one of the top thinkers, in my opinion, in the mortgage industry. I'll let him tell you about this. Here are solid points of advice from America's Most Opinionated Mortgage Broker. I am dead serious, this is great advice. He's writing it for Realtors® but it can tell you what to look for as you search for your loan. Peace Out - 3C

This covers zip code 44113, which includes Ohio City and Tremont. These 'first six months of 2007' stats represent homes listed with area brokerages.There are 93 single family homes for sale in zip code 44113There are 74 condos listed for sale in this zip codeOne condo and 4 single family homes are 'contingent' and waiting to go pending to close21 single family homes are under contract and waiting to close51 condos are pending as well, and waiting to transfer title and closeSold since January:22 condos46 single family homesThe average time on the market for these homes was 108 daysAverage Ask Price was $194,425Average Sale Price was $192,967Average cost per square foot was $92**There are 93 homes and 74 condos listed for sale right now, as I stated; that is quite a bit less than the West Town and West Park area stats showed in my previous post. Zip code 44113 has not seen the huge wave of listings (and maybe less foreclosures?) than some other areas. Peace Out - 3C Copyright 2007

National news reads the real estate market is now controlled by buyers throughout much of the country. As news goes, it is generally one-sided and often distorted, with a predetermined conclusion to coincide with the story line. Since this is my news page, I get to write what I want with the conclusion I want. No distortion! The news, as I see it, is the real estate market is controlled by buyers. The truth is, it always has been. Even in the midst of the strong seller’s market of recent years, buyer’s still had the final say about how much they were willing to pay for a property. They also had the final decision about the terms of the contract they submitted and agreed to. The seller could accept or reject the offer. While there was less negotiating room, the buyer still made the decision. Today, the buyer is negotiating from a position of strength. Some believe this indicates they can offer almost anything and the seller is at their mercy. Lately, I have heard, more th

New Cleveland Condominium Projects: Where are the price points going to be? Only some of them are below $300k. And you guys know my mantra, we need lower price points.Anyway, the PD's Henry Gomez wrote an article and there is a great pdf file of proposed projects - every now and then the PD gets it right, this is a useful reference for anyone who might want to purchase a condo. Some of the projects sound really good, like the condos on Columbus Avenue -- after all, they are near RTA so perfect location. I do not know anything about the price points yet and this article did not have that information either. They may still be deciding. I might have to call and lobby for good prices!Gomez talks about the 15 year tax abatement keeping the $300k and up price points going strong. What do you think? Wouldn't a 15 year tax abatement on a town house that was $200k be even more attractive? How about $179k like the ones at Tremont's Starkweather Place? Stay tuned for more information on tha

- Sanford, Florida (County) : Retail center is part of acquisition.  Read Full Article... Volusia County, FL:  Council to ask voters for more growth control.  Read Full Article... St. Petersburg, Florida (Pinellas County) :  Three city-owned acres in Midtown may sprout affordable homes.  Read Full Article... St. Lucie County, FL:  Harbor Branch moves sights from condos to FAU campus.  Read Full Article... Daytona Beach, Florida (County) :  Are town houses the 'missing link'?  Read Full Article... Broward County, FL:  Property taxes on the rise.  Read Full Article... Winter Haven, Florida (County) :  Proposed nine 4-story lakefront condo buildings rile residents.  Read Full Article... Collier County, FL:  Ave Maria gets go-ahead from Army Corps of Engineers.  Read Full Article...

- Polk County, FL:  Building permits drop 56% from a year ago.  Read Full Article... Bradenton, Florida (Manatee County):  City nixes huge waterfront project.  Read Full Article... Cape Coral, Florida (Lee County):  Commercial activity areas shaped; plans call for mix of stores, homes.  Read Full Article... Dunnellon, Florida (County) :  Rainbow River Ranch developer to offer new plan.  Read Full Article... North Port, Florida (County) :  Builder offers $100K new homes - but price does not include the lot.  Read Full Article...

- Flagler County, FL:  A community of nearly 4,000 homes along with commercial space is set for last large land tract.  Read Full Article... Southwest Florida:  Affordable housing out of reach of students enrolled at Florida Gulf Coast University (FGCU).  Read Full Article... Polk County, FL:  State rejects housing plans due to water and school issues.  Read Full Article... Sarasota, Florida:  The 26-unit Devonshire Park development in downtown Sarasota stresses 'smart growth' and will offer a live/work/play lifestyle.  Read Full Article... Broward County, FL:  Affordable apartment stock to increase; decaying projects in Hollywood and Deerfield Beach to be torn down, to be replaced with new, additional units.  Read Full Article... Palm Beach County, FL:  Centex to back out of deal to buy 83-acre Meadowbrook mobile home park and replace

- Groveland, Florida (Lake County):  Despite much controversy, the city OKs rezoning for 500 homes in the environmentally fragile Green Swamp.  Read Full Article... Sarasota County, Florida:  Housing costs keep work-force outside the county.  Read Full Article... Boynton Beach, Florida (Palm Beach County):  Area strong in new home starts, thanks in part to Canyon Isles.  Read Full Article... Brooksville, Florida (Hernando County):  A 25-acre community of 75 homes is slated for Emerson Road. Adjacent to this community, the developers of Emerson Oaks are undergoing approvals for a 245-unit townhouse community on 24 acres.  Read Full Article... Southwest Florida:  Region's cooling housing market is starting to pinch people whose livelihoods are tied to housing.  Smaller construction-heavy communities such as North Port, Nokomis, Osprey and East Manatee will likely

- Melbourne, Florida (Brevard County):  Planning board says downtown project -- The Summit at Melbourne Place -- is too big.  Read Full Article... Manatee County, Florida:  Road crisis sparks call for action.  Read Full Article... Brevard County, Florida:  Sales fall, but home prices hold.  Read Full Article... Boca Raton, Florida (Palm Beach County): Workforce housing ideas face debate.  Read Full Article... Miami, Florida (Miami-Dade County):  Conflict slows Overtown project.  Read Full Article... Fort Lauderdale, FL (Broward County):  Storefronts shuttered on Fort Lauderdale beach as billionaire's condo-hotel development falters.  Read Full Article... Volusia County, Florida:  Building rate slows as market corrects itself.  Read Full Article... Cape Coral, Florida (Lee County):  In an attempt to h

- Sarasota, Florida (Sarasota County):  Broker's plan could mean affordable condos.  Read Full Article... Marion County, Florida:  Rural Shiloh Country may give way to development.  Read Full Article... Emerald Coast, Florida:  A buyer's market?  Read Full Article... Punta Gorda, Florida (Charlotte County):  Suriol finds support for Harbor Inn condos.  Read Full Article... Collier County, Florida:  Officials look northeast for housing solutions.  Read Full Article... Naples-Fort Myers, Florida:  Study sees long-term demand in local market.  Read Full Article... Longboat Key, Florida (Manatee County):  Estate sells for $18 million.  Read Full Article... Central Florida:  State to buy part of CSX rail track for commuter transit.  Read Full Article... Leesburg, Florida (Lak