Posts Tagged: condos

Clark County Asks: Where Are the Condos?

Prestige Development’s Dollie Lynch building

There is a perception among developers that if you build a condominium you may as well be building a wasp’s nest. Veering into that market has gotten many builders stung by lawsuits over purported construction defects. Vancouver developer Elie Kassab has heard those concerns, but isn’t worried. People constantly ask whether he will build any… Read more »

Bart Foster – Boston Gay Realtor

Bart Foster - Boston gay Realtor

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: I’m a Boston gay Realtor who covers Arlington, Boston, Cambridge, Medford, Malden, Melrose, Milton, Newton, Quincy, Somerville, The South End, Back Bay, Mission Hill, Fort Hill See Bart’s Expanded… Read more »

Ken Latz – Gay Seattle Realtor

Ken Latz - gay Seattle Realtor

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Ken Latz has been a Seattle resident since ’88, and he is very familiar with the city and all of its diverse neighborhoods and suburbs. He with Gerrard, Beattie… Read more »

Brian Scharick – Gay Ft. Lauderdale Real Estate Agent

Brian Scharick - Fort Lauderdale Gay Realtor

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Brian Scharick is a seasoned and professional Realtor who specializes in finding the perfect home for each and every client. His keen attention to detail and driven work ethic… Read more »

Eric Robison – Gay Seattle Real Estate Agent

Eric Robison - Seattle Gay Realtor

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: I became a full-time Seattle Realtor in 2003 after fifteen successful years in advertising as an independent photo producer. In 2013, I was promoted to the position of designated… Read more »

Phillip B. Dvorkin – Stamford, Connecticut

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: I’m very familiar with many of the communities in northern Fairfield and Westchester Counties – I’ll be happy to work with you to help you find the right home… Read more »

Martin Withrow – West Hollywood, California

Martin Withrow - Los Angeles Gay Realtor

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: I’ve always been passionate about Real Estate, and have remodeled several houses in L.A., West Hollywood and Palm Springs. I was born and raised in Cleveland, and graduated from… Read more »

Nancy Field, Lesbian Portland Real Estate Agent

Nancy Field

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Nancy Field has 26 years of real estate experience and is a skilled negotiator. Focus is on superior client service. Voted one of the Coolest Small Cities in America… Read more »

Dale Nabors, Gay Tampa Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Welcome to “Dale’s Naborhood!” Dale has more than twenty eight years of experience in the Tampa real estate market. Dale also serves Clearwater, St. Petersburg, Greater-Brandon, and Southern Pasco… Read more »

Shannon Lindstrom, Gay Friendly Minneapolis Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Shannon Lindstrom is an experienced Minneapolis-St. Paul Realtor and skilled real estate negotiator. She can help you buy and or sell a home, townhouse, or condominium in Minneapolis or… Read more »

Geoffrey Moore, Gay Palm Springs Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: My Philosophy – I’m a creative person and I love solving problems. I think every problem has an infinite number of solutions. The trick is finding the right solution… Read more »

Robert Boccolucci, Gay Upland Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Having lived and worked in the Inland Empire for over 5 years, I’m very familiar with the market, housing trends and the diverse local cities that make this a… Read more »

John Giardina, Gay Pasadena Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: There is no better place to work, play and own a house than here in Pasadena. It reminds me of an Eastern town, with tree-lined streets, an artistic flavor,… Read more »

Alan Schmitt, Gay San Diego Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: I Have over 30 years of Business experience and can help you define and achieve your objectives. I am very familiar with the market and will help you find… Read more »

Kim Nwachukwu, Gay Friendly Dallas Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Work with a seasoned pro with over 20 years of negotiating experience that will treat your transaction as if it were her own. I am a Top Producing, Award… Read more »

Jim Datlen, Gay Brampton, Ontario Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: My partner and I bought our house in Brampton in 1998 and we love the suburbs! You can choose from vibrant condos or single family homes on quiet streets…. Read more »

Linda Jain, Lesbian Ft. Lauderdale Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Ft. Lauderdale Real Estate Agent Linda Jain knows the Fort Lauderdale and Wilton Manors real estate markets inside and out, and knows the importance of great customer service and… Read more »

Alex Tooke, Gay Denver Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Why real estate? It’s a question Alex gets asked all the time. “It really just comes down to that we love doing, being able to meet awesome people and… Read more »

Brian Lavery, Gay Seattle Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: I’m a Seattle native, and my family has lived on the Capitol Hill neighborhood of Seattle for three generations. I graduated from Washington State University with a Business/Marketing degree,… Read more »

Debbie Barrera, Lesbian Austin Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: Debbie is a fun, friendly, professional Austin Realtor with over 10 years real estate experience. Austin is a Blue dot in a Red State, very LGBT friendly! See Debbie’s… Read more »

David Morris, Gay Indianapolis Real Estate Agent

David MorrisPeriodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: I have lived in Indiana all my life and a resident of Indianapolis for over 25 years. I have been a full time Realtor for 15 yrs working… Read more »

Edward Alexander, Gay Wilmington Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals: After a successful career with Morgan Stanley, Edward Alexander is working with a level of professionalism and knowledge that’s hard to match! Wilmington has the largest per capita gay… Read more »

Brian Lavery, Gay Seattle Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. I’m a Seattle native, and my family has lived on the Capitol Hill neighborhood of Seattle for three generations. I graduated from Washington State University with a Business/Marketing degree,… Read more »

Melissa C Lundgren, Gay Friendly Nashville Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. My goal is to give you a stellar- best ever-personal-home buying or listing experience- To determine, prepare, and help you accomplish your goals and dreams of Home ownership here… Read more »

Jeremiah Oswald, Gay Charleston Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Jeremiah has a passion for real estate which started when he bought his first home at 21. Homeownership and the idea of long-term investments inspired him to become a… Read more »

David Krause, Gay Portland Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. I run a full-service home sales and marketing firm in Portland, Oregon that’s committed to your success. When you buy your next home, you’ll have many opportunities and challenges,… Read more »

Cheryl Bower, Lesbian San Francisco Real Estate Agent

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Cheryl Bower is a San Francisco native, with seventeen years of experience in property investment and renovation. She specializes in the San Francisco real estate market, including residential sales… Read more »

Downtown Phoenix Housing Boom Finally Underway

Downtown Phoenixs long-awaiting housing boom is finally here. More than 20 apartment and condominium developments are going up across the city’s core. The urban projects range from penthouse condos at Portland on the Park next to Margaret T. Hance Park to 500-square-foot micro apartments near Roosevelt Row. The old Quality Inn next to the Phoenix… Read more »

We Want More Walkable Neighborhoods – but Can Our Communities Deliver?

“The most requested neighborhood characteristic of all buyers is walkability,” real estate broker Andrea Evers recently told a reporter for The Washington Post. But, in an article written by the Post’s Michele Lerner, Evers went on to say that “very few areas” in the greater DC market meet the desired criterion, particularly if the prospective… Read more »

Featured Gay Friendly Real Estate Agent: Kate McGee, Charlotte, North Carolina

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Kate grew up in the Midwest, but after moving to North Carolina in 2006, she truly felt she was “home.” While finishing her degree in Marketing, she began running… Read more »

Featured Gay Friendly Real Estate Agent: Randy Wilkins, Lafayette, California

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Randy Wilkins, an East Bay Native, is a successful Real Estate Broker specializing in both residential and investment sales. He earned his MBA from Saint Mary’s College in Moraga… Read more »

Featured Gay Real Estate Agent: Ron Milligan, Portland, Oregon

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Ron Milligan is Portland’s condo pro! He’s a specialist in condominium and townhouse associations, covering downtown, The Pearl, and Portland’s many other neighborhoods. Ron always has the latest Portland… Read more »

Condos Outpace Single-Family Homes in Appreciation

Condos are back in the game as they outpace single-family homes in appreciation. A recent research study released by Zillow stated that condos are appreciating at 5.1 percent annually, outpacing the 3.7 percent rate of single-family homes in the United States. During the past recession, condos were hit hard by the sudden burst in the… Read more »

Featured Gay Friendly Home Inspector: Terri Stolarz, Houston, Texas

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Teresa is an honest, hard-working professional ome inspector who is dedicated to your peace of mind. She’ll provide a detailed home inspection covering all aspects of your home. If… Read more »

San Francisco Condo Prices Slip

San Francisco condominium prices fell last month and home sales lagged as the frenzied market cooled off. New condo prices fell 3 percent and resales slipped by 2 percent as the number of sales declined by nearly 20 percent between August and September, according to the Mark Co., a condo marketing firm. Paragon Real Estate… Read more »

Seattle Developers Say Condos Have Too Much Liability, Need to be More Expensive

Builders are opting for apartments over condos, experts say, because they don’t face the liability of being sued under the state’s condominium act. Some condo builders still bear fresh memories of multimillion-dollar settlements with homeowner associations. “You’re finding developers saying, ‘Why take the risk of building a condo?’\0x2009” said Matthew Gardner, chief economist at Windermere… Read more »

Why Developers in Minneapolis Hate Condos

Four Minneapolis developers walk into a room at St. Thomas School of Law … and mostly agree about the current state of multi-family residential real estate. The market, they all say, is hot, with projects being announced with a regularity not seen since before the Great Recession. But those projects are mostly apartment buildings —… Read more »

Featured Gay Real Estate Agent: Mario Banuelos, San Francisco, California

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Mario is a San Francisco real estate superstar. He is a nationally recognized Top Agent, as well as a husband, son, brother, uncle, and friend. Mario is also a… Read more »

Why Isn’t the Condo Market Rebounding?

While construction of single-family homes and multifamily rentals is on the rebound, condo construction has sunk to new lows. A condo rebound has been delayed by stringent rules on condo mortgages that took effect post-housing crisis, as well as stronger demand among young people for rentals, The Wall Street Journal reports. Condo construction in the… Read more »

Featured Gay Friendly Real Estate Agent: Matthew Jones, Kansas City, Missouri

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Matthew is a gay Kansas City real estate agent who loves helping Buyers and Sellers achieve their goals. Kansas City is a great place to live for the LGBT… Read more »

Featured Gay Real Estate Agent: Frank Hinzman, Palm Beach

Periodically we’ll feature one of our real estate professionals here to let our readers know about some great Realtors, Mortgage Brokers, and Other Real Estate Professionals. Have Lived in Pittsburgh, Washington DC, the last 23 years in West Palm Beach. Let me help you relocate! See Frank’s Expanded Listing on Gay Realty Network Here Gay… Read more »

San Francisco Supervisor Wants to Ban New Condos for the Rich in the Mission

San Francisco has become ground zero for class warfare as wealthy real estate developers snatch up cheap housing and kick out long time residents so they can build million dollar condos in a process called gentrification. City Supervisor David Campos says he’s had enough, and today he’s going to introduce an ordinance to halt all… Read more »

Million Dollar Parking Spaces at New NYC Condo Building

In the tiny club of women who work in the male-dominated profession of architecture, Annabelle Selldorf looms large. Since founding her firm in 1988, Selldorf has created a string of spare, clean-lined museums, galleries, and apartment buildings across Manhattan that may be small-scale and understated by current starchitect standards (she’s been nicknamed the “Queen of… Read more »

Miami’s Condo Market May Be Cooling Off

A new study confirms the latest chatter from real-estate watchers: Miami’s sizzling downtown condo market is cooling down. Skyrocketing construction costs, overheated land prices and falling foreign currencies have finally caught up with a housing market that boomed after the lean years of the recession. But unlike the last go-around, when highly leveraged projects brought… Read more »

Prices Up, Sales Down in San Francisco

Last month, the number of Bay Area home sales slowed to a crawl and hit its lowest level since the recession in 2008, according to the latest report from DataQuick. A slowdown is normal for January, but even compared with January 2014, sales are down, dropping 5.5 percent to a seven-year low of 4,439 houses… Read more »

Condos Are Now Safe Deposit Boxes for the Rich

Out here on the west coast, we’ve watched in horror as condo prices in every big city have suddenly shot through the roof. In Portland, for instance, housing that was $300 a square foot just 2-3 years ago in The Pearl District is now pushing $700. Who can afford these prices? Who is buying these… Read more »

Castro Gayborhood Church to Make Way for Condos

The Castro district building that’s housed San Francisco’s Metropolitan Community Church for decades will be replaced by two luxury residential buildings, according to one of the people who just paid about $2.3 million for the crumbling church at 150 Eureka Street. There will be a total of four condo units. David Papale is the agent… Read more »

Absent Rich Own 39% of New High-End Condos in San Francisco

San Francisco’s luxury condos are being purchased by the wealthy who have an unquenchable thirst for high-end real estate, but don’t live in the city, according to an analysis of property records by the news website 48hills. Instead, their city condos are second, or third homes. 48hills reviewed San Francisco’s Assessor’s Officerecords for over 5,200… Read more »

Check Out One of New York’s Most Expensive Views

An imposing-but-thin building is dominating the midtown Manhattan skyline these days, and its name is not Empire State. No, this new behemoth is simply called 432 Park, and it is the tallest residential tower in New York City. Visible from all five boroughs, the building houses what will be some of the most expensive condos… Read more »

Manhattan Condo Inventory, Prices Up

The Manhattan condo market saw a spike in the number of available units and prices in July, according to a real estate report released Thursday. StreetEasy’s report said the despite the 5.4% growth of inventory between July 2013 and this year, the number of available units is 16.2% below the five-year average level of inventory…. Read more »

Should Gay Millennials Be Considering Buying a Home?

Last weekend, I hosted an open house in Kalorama. My property, a newly listed studio condominium, much larger than your average micro-efficiency, was full of charm and priced just above $220,000, very reasonable for the Kalorama market. This was truly a first-time buyer’s dream place. With each passing walk-in, I made two observations. First, half… Read more »

Condo Prices Up Again Along the West Coast

Condominium prices rose again in June in downtown Los Angeles, San Francisco and downtown Seattle, according to The Mark Company’s Condominium Pricing Index. According to The Mark Company Trend Sheets, the value of new construction condominiums in downtown Los Angeles was up eight percent in June over the previous year. In San Francisco, the value… Read more »

Urban US Markets Leading Condo Re-Bound

The condominium market is surging nationwide as financing trickles back into a real estate class shunned by lenders for years since the downturn. The revival also comes amid an increase in demand for rental properties, pushing the apartment vacancy rate in the U.S. to the lowest level in decades. Rental rates are responding with an… Read more »

Seattle’s Condo Comeback

After a drought of new condo construction that spanned four years between 2009 and 2013, condos are making a comeback…and just in time, too. The massive Insignia Condo project on the edge of Belltown was the first out of the gate. Covering an entire city block, Insignia is on target to be the largest condominium… Read more »

New Castro-Area Condo Building Likely to Be Approved

A formerly controversial housing project in San Francisco’s gay Castro district is expected to sail to passage next week when it comes up for a vote at the city’s planning commission. As the Bay Area Reporter noted in a March 2013 article, Castro neighborhood groups initially expressed a number of objections with developer Greystar’s plans… Read more »

Four New Residential Towers Planned in Seattle’s South Lake Union Neighborhood

As we previously posted in November, Onni Group out of Vancouver BC is planning to construct 4 new towers in South Lake Union. They have released some new information on what will be built on the site, which is between Boren Ave N and Fairview Ave N and from Denny Way to Thomas Street. According… Read more »

Scarcity Pushing Up San Francisco Condo Prices

The handful of developers currently selling condo units in San Francisco might seem like the luckiest guys in the city. Units are moving fast with projects selling out within months, and pricing has hit pre-recession levels at more than $1,000 per square foot. At Vida, a 114-unit project at 2558 Mission St., a pre-sales event… Read more »

Portland’s North Pearl Gearing Up

The northern part of the popular, gay friendly Pearl District is starting to be built out – but it’s almost all apartments. Portland Monthly reports: Even if all eight residential buildings planned for the area known as the North Pearl are built, longtime neighborhood advocate Patricia Gardner thinks the neighborhood still won’t add enough units…. Read more »

A Tale of Two Cities’ Condos

Richcraft Homes’ latest condo project, The Bowery, is touted as “condominium living with a distinctly New York vibe.” That got me thinking about what distinguishes the two cities’ condo markets. Space Confucius says: “He who lives in New York City understands that space is a luxury.” OK, he didn’t. But he may as well have…. Read more »

San Francisco Condos More Expensive Than Houses in January

If you’re looking for a deal on a new home in San Francisco, forget about buying a condo. The median price for a condo or tenancy-in-common unit in San Francisco hit $950,000 in January, a 24.6 percent year-over-year jump, and surpassed the $928,000 median price for single family homes, according to the San Francisco Association… Read more »

Radio City Post Office Condo Plan Raises Concerns

Neighborhood residents are angry about the pending addition of a two-story, 48-unit luxury condominium to the top of the Radio City Post Office. With building permits okayed by the city at the end of last year, residents are arguing that the addition, which could provide some much needed cash-flow to the struggling USPS, would compromise… Read more »

Are Techies Pushing Up Boston Housing Prices?

Just call it the housing market’s geek factor. Trulia takes a look at 10 tech hubs across the country, including Middlesex County, home to both Cambridge and the Route 128 beltway. Homes on average cost 82 percent more in tech hubs than in other metro areas without large constellations of technology companies, Trulia finds. In… Read more »

Old San Diego Buildings Become New Residences

World over, buildings of bygone eras are refurbished and adapted to modern residential environments. What makes the subject so fascinating is the random way that each old structure must twist in order to provide adequate living space according to consumer demands. Apartment and loft living might be called the quintessential urban experience when they are… Read more »

The Seattle Condo Market Rebounded in 2013

The Seattle condo market rebounded significantly last year after bottoming out in February 2012. For many buyers, the market depicted quick turnover, rising prices and increased competition with multiple offers. Overall, Seattle realized $863,589,200 in total condominium sales volume in 2013, that’s a 17% increase from 2012 with unit sales rising 15.8% to 2,507 condos… Read more »

Downtown Portland, Oregon YWCA Could Morph Into Condos or Apartments

A Bellevue, Wash., architect has bought the YWCA Building in downtown Portland with plans to turn it into residences with art-focused commercial space. Wei Zhang, principal architect at BDCL Design International, bought the building at 1111 S.W. 10th Ave. for $4.25 million in a venture with partners based in Vancouver, B.C., and China. The deal… Read more »

San Francisco Condo Prices Up 18% in 2013

San Francisco condominium prices rose 18 percent in December 2013 over the previous year, according to the Condominium Pricing Index released by The Mark Company, an urban residential marketing and sales firm. Yet new construction inventory was 78 percent lower than a year before. “With so few new condominiums now for sale in San Francisco,… Read more »

Seattle’s Densest Block

Construction continues on the corner of 3rd and Cedar, at the north end of Belltown, on a 27-story, 298-unit project that will create Seattle’s most densely populated single block. The new project, Dimension by Alta, is scheduled for completion in Spring of 2014. No word yet on rental rates, but the amenities will include a… Read more »

Are Parking-Free Apartment Buildings the Wave of the Future?

A wave of new residential construction projects in places like Seattle, Boston, and Miami are showing that, yes, modern American cities can build housing without any car parking on site. Officials in Boston gave their approval last week to what Curbed called the city’s “first big-time parking-less condo,” a 175-unit project named Lovejoy Wharf. The… Read more »

Toronto’s Astounding Condo Boom

The worst of times are usually obvious, as in the case of Toronto under Rob Ford. The best of times can take longer to reveal themselves — as in the case of Toronto under Rob Ford, which is most likely to be remembered by future historians not for its political buffoonery but for the amazing… Read more »

Large Condo Project Opens Sales in Downtown Seattle

The first major condo project launched since the real estate bust started sales this past weekend. Insignia, under construction at Sixth Avenue and Bell Street, will have twin 41-story towers atop a shared base. The first phase, set to open in spring 2015, contains 350 one- and two-bedroom condos, priced from a little under $500,000… Read more »

New York to Get New Condo Super Towers

The astounding condo sales for the nearly completed One57 at the southern edge of Central Park has spurred the construction of three more super-skyscrapers, all of which will be even taller and will challenge national height records for residential buildings. Gizmodo has published a breakdown of the coming towers and the one in the center… Read more »

Kansas City Condo Sales Still Sluggish

As the condo market heats up in other parts of the country, sales in Kansas City are still in the doldrums. The Kansas City Star reports: The difference between buying a condo and a single-family home is night and day,” said Dan Farmer, a mortgage banker at Peoples Bank. “I ask Realtors to talk to… Read more »

Homeownership in the US Versus Canada

In the mid-1990s I wrote an opinion column arguing against the tax deduction for mortgage interest. One of the arguments I made was that the percentage of homeowners was only one or two points higher in the United States than in Canada, which doesn’t have the deduction. The best information I have now is that… Read more »

New York’s Ultra-Luxury Condo Market Booming

If you’re in NYC and you’re richer than God, you’ll be happy about this. Otherwise, not so much. Joe.My.God reports: Ultraluxury housing and construction is booming across Manhattan, which is now beginning to rival London in popularity with the world’s wealthy. The number of condominium buildings in the borough with apartments selling for more than… Read more »

Do Trees Make a Building Green?

Can adding trees to your condo project make it a green building, in the eco-friendly sense? The Dish ponders the question: [T]rees atop buildings have become an architectural crutch, a way to make your building feel sustainable without necessarily being so…. Structures built to support trees need to be over-engineered compared with their abiotic equivalents–trees… Read more »

Oahu Condo Prices, Sales Soared in December

Oahu’s housing market continued to show some positive growth in almost every area except for the median sales price of single-family homes last month, according to statistics from the Honolulu Board of Realtors. The median sales price dipped nearly 1 percent from $605,000 to $600,000, comparing December 2011 to December 2012. But other than that,… Read more »

New Condo Options in Washington, DC

“DC Metro [Region] Closes 2012 with Double-Digit Price Growth” shouts the headline of an article posted on the home page of Real Estate Business Intelligence on Jan. 10. It’s true that 2012 was a better year for D.C. Metro real estate, with median housing prices up 10.5 percent over 2011, and the number of sales… Read more »

Greater Toronto Condo Market Showing Improvement

The high-rise market in the GTA showed another strong month with 2,928 sales, making it the second-best October on record, the Building Industry and Land Development Association (BILD) revealed. Current year-to-date high-rise sales of 23,747 also set a new record for most high rise sales in a year – surpassing the 22,316 high rise sales… Read more »

Affordable Vacation Properties Not Without Risk

Home prices continue to fall across the country, and vacation properties are no exception. Thanks to the real estate bust, bargains abound in many popular vacation and second-home markets. Although these properties are available at attractive prices – close to their five-year lows in some areas – the bargain prices may come with adverse trade-offs…. Read more »

NC: Asheville Condo Project Never Materialized

At the time he put his money down, Justin Arnall figured the Zona Lofts project was a sure bet. Its design — with solar panels and a rainwater collection system — allowed marketing it as environmentally friendly. It offered a good location for people wanting downtown living. And many of the condos would be inexpensive… Read more »

FL: Investors Buying Up Fort Lauderdale Condos

Investment groups completed two more Broward County bulk condo deals in the past week. Last Friday, Miami-based Sonata Grand LLC, headed by Pierre Heafey, spent $9.7 million, or $173 a square foot, for 22 units at Sonata Beach Club in Pompano Beach, according to CondoVultures.com, a real estate consulting firm. This week, Village East Investment… Read more »

NY: Manhattan Condo Prices Dropped in November

In November, prices fell by 2.9% to $1,037.63 per square foot from October, according to real-estate data company Radar Logic’s monthly RPX index. The decline marks a reversal from the upward trajectory Manhattan condo prices have been on since hitting a four-year low of $932.42 per square foot in May 2009. Since then, the city’s… Read more »

Miami Luxury Condo Sales Heating UP

Now that Miami real estate has rebounded and “value” is the operative word on everyone’s list, it is the perfect time to find a condo on The Beach. Miami Beach Real Estate Consultant Dario Stoka explains why it time to buy. “Three years ago, everyone was a genius when it came to purchasing a condo… Read more »