Find the Perfect House for You

February 8, 2010
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Florida real estate is a market that is full of prospects to own your own property. Now, there are lots of people who are probing for the perfect location for their investment plans.

One of the flourishing markets in real estate is the Florida. There are lots of benefits that you can get out of investing in Florida. There are lots of business opportunities and activities that you can take advantage of.

Florida is like an island and for sure you will love to experience water activities such as swimming, diving, fishing, surfing and a lot more.

Now, Florida is also known as one of the most visited place by those people who…

Make Your Home Stand Out in the Market

February 7, 2010
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It is important to remove the emotional attachment from your home and stand at the front door. What is going to be the first thing a buyer sees when entering the house? Of course, the living area will be the first part to see.

Too much furniture or furniture that is too large for a room is distracting to buyers. They need to be able to move around and get a feel for the flow of the house. Home staging has become a household word in today’s real estate market. The “less is more” rule is vital when putting your home on the market.

When thinking about accessories, you have to take…

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Filed Under: Home Improvement, Real Estate, Real Estate Investment

Lenny Dykstra’s Thousand Oaks Mansion Back on the Market for $14.9 Million

February 7, 2010
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The property of former New York Mets and Philadelphia Phillies outfielder Lenny Dykstra has came to the Multiple Listing Service, this time listed for $14.9 million.

In 2007, Dykstra – who filed for Chapter 11 bankruptcy protection in summer – had purchased the 6.5-acre compound in Thousand Oaks from hockey great Wayne Gretzky for $18.5 million. The property was in default when Dykstra filed for bankruptcy that derailed a potential foreclosure auction.

The mansion came on the market in September 2008 at $24.9 million and after two price reductions was increased to $25 million a year later.

The Richard Landry designed the main house that has six bedrooms and eight bathrooms in 12,713…

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Filed Under: Celebrity Real Estate, Real Estate, Real Estate Investment

First Time Property Investors

February 7, 2010
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Do you want to own a property but is not sure if this is a good investment or not? Property owners have been there and done that too. Let us face it, choosing what kind of business to get into is not an overnight decision.

It is true when people say that investing in a property is wealth-building venture.

To start off, always make sure you know your goals for your real estate investment. Is it long term? When you are thinking long term, you should also think of other expenses that you have to shell out for the property maintenance and improvement.

Take note that your property will double or triple its…

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Filed Under: Lenders, Mortgages, Real Estate, Real Estate Investment

NYU Buys 12th Street Building for $134 Million

February 7, 2010
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The New York University has bought a 190,000 square-foot building at 120 East 12th Street in Greenwich Village for $134 million – estimated a year into its 30-year lease with Hudson Companies, according to a tip from PropertyShark.com.

The school had been using the East 12th Street Hudson-owned building called Founders Hall, with whom the school had designed the 26-story structure, as a 733-bed dormitory. NYU plans to continue to use it for that purpose, said John Beckman, a school spokesperson.

The deal, which closed Jan. 21 and was filed with the city two days ago, comes on the heels of the school’s $65 million purchase of the Forbes building at 60…

Sales of New Homes Dropped 7.6 Percent

February 1, 2010
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New home sales surprisingly dropped 7.6 percent last month, topping the industry’s weakest year on record.

The Commerce Department said that December sales fell to a seasonally adjusted annual rate of 342,000 from an upwardly revised November pace of 370,000. Economists surveyed by Thomson Reuters had forecast a pace of 370,000 for December.

The results were the weakest since March and indicated demand remains slow-moving despite newly expanded tax incentives to drive sales.

Home sales have had an unsteady recovery from their four-year slide. December’s sales pace was up 4 percent from the bottom in January 2009, but down 75 percent from the peak in July 2005.

The median sales price of $221,300 in…

William F. Brantley’s Historic Residence Listed for $5.5 Million

January 31, 2010
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William F. Brantley’s home in Savannah Georgia was built in 1857 and was designed by John Norris.

The historic residence had a gorgeous renovation in 2009 and won an ASID award, a 2009 award from the Georgia Trust and a Preservation Award in 2008 from the Historic Savannah Foundation.

The said residence deserves the awards since it has five lovely bedrooms that have been very elegantly redone. It is located in the Historic District near Forsyth Park and has a garden level with guest suite, craft room, butler’s pantry and exercise room. The formal living room, dining room, family room, private office and kitchen are located on the parlor level and several…

Spanish-Style Takes Place in West Hollywood

January 31, 2010
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Are you looking for a Spanish-style residence in America? Take a peek on this.

A Spanish-style home takes a cut in West Hollywood. The house has three bedrooms, two and a half baths which is built in 1926 that features dark hardwood floors, granite counter tops, a Viking range, subzero fridge, two fireplaces, a two-car detached garage and an open patio in the front.

The Spanish-style home was last sold in 2006 for $1.125 million. The house has been on and off the market for the past two years.

In Dec 2009 it went back on the market for $1.499 million. Now, it is been reduced by $100,000. New asking price is $1.399…

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Filed Under: Real Estate, Real Estate Investment

Tips for a Greener Home

January 31, 2010
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The great impact of the ailing environment is already manifesting in many pressing issue and dilemmas the world is facing nowadays. Global warming, climate change, air pollution, flood and the like are just few of the problems rooted from the destruction of the ecology. For home buyers and owners, there are practical alternatives for you to contribute in the protection of the environment through deciding on green features incorporated in the design, renovation and construction of your home.

There are Eco-friendly or green means and approach you can use in order to guarantee that your activity and investment is making the most minimal impact on your surroundings.

Energy efficiency is one of…

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Filed Under: Green Building, Real Estate, Real Estate Investment
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