Real Estate News

Foreclosures Crush Home Prices

19:16:41 | 10/05/2011 - Source: WMUR-TV Manchester

Home prices continued to plummet during the first three months of 2011, falling 4.6 percent from a year earlier.

Chicago home sales, prices tumble in first quarter

19:16:40 | 10/05/2011 - Source: Chicago Tribune

Millions of children are active on Facebook in violation of the site's terms of service, which require users to be at least 13 years old, according to a survey released Tuesday by Consumer Reports.

Cuhaci & Peterson Architects completes design work on two Publix Supermarkets

16:00:36 | 10/05/2011 - Source:

ORLANDO, Fla. --- Cuhaci & Peterson Architects, LLC, based in Orlando's Baldwin Park, recently completed design work on two Publix Super Markets Inc. grocery stores and both of them - one in Brevard County and the other in Sarasota - are under construction. Lonnie Peterson, chairman at Cuhaci & Peterson, said one Publix store, located near Viera Blvd. and Stadium Parkway in Viera is 56,000 square feet and the other Publix facility located off Bee Ridge and Beneva Rds. in Sarasota is 45,000 square feet.

'Living wage' bill a job killer, says study; critics charge bias

15:02:12 | 10/05/2011 - Source: NY Daily News

A study found that a 'living wage' bill would kill jobs, but supporters of the measure contend it was biased.

Lennar is offering Seven Percent commission on sales of new homes that sell and close in May

14:56:28 | 10/05/2011 - Source:

ORLANDO, Fla. --- Lennar is offering Central Florida realtors and brokers a whopping seven percent commission on new homes that sell and close during May throughout Lennar's Clermont, Orlando and Space Coast area communities. Mark Metheny, president of Lennar's Central Florida Division, said the seven percent commission applies to select new homes priced from the $100s in select Lennar communities. David Parker, who heads the sales and marketing division for Lennar in the Orlando region, said pricing has been reduced to record lows in all Lennar communities in the region. "Every Lennar community has ready-to-move-in homes available, and they all feature Lennar's "Everything's Included" promise," Parker said. Lennar's "Everything's Included Homes" offer just that - everything from appliances, countertops, fixtures, security, landscaping, literally everything - in one price. Parker said Lennar is also offering below market mortgage rates during the sales event. Visit www.Lennar.com.

Marketplace Advisors Negotiates Two New Retail Lease Agreements for 3,540 Square Feet of Space

14:27:54 | 10/05/2011 - Source:

ORLANDO, Fla. --- Marketplace Advisors, Inc. recently negotiated two new long-term lease agreements that total 3,540 square feet of retail space at Blue Heron Beach Resort Shopping Center on Blue Heron Beach Drive off S.R. 535 in Lake Buena Vista. David Marks, president of Marketplace Advisors, Inc. negotiated both lease agreements representing the landlord, ORL Commercial Center, LLC. Premium Photo Outlet, Inc. leased 1,883 square feet at the retail center. M&O Wireless LLC, leased 1,657 square feet. The center has only two remaining bays available, with a Letter of Intent out to a prospective tenant for one of them.

Stirling Sotheby's International Realty Appointed Sales, Marketing Agents at Johns Lake Point

14:10:50 | 10/05/2011 - Source:

ORLANDO, Fla. --- Stirling Sotheby's International Realty has been named exclusive sales and marketing agents at Johns Lake Point, centrally located on Avalon Road in Winter Garden. Roger Soderstrom, founder and owner of Stirling Sotheby's International Realty, said associates Jennifer Gonzalez and Luis Gonzalez of Stirling Sotheby's Heathrow Gallery are representing the Johns Lake Point developer Misty Ridge Ventures in sales of nine new home residences on the property priced from the $160s to the mid $400s. Altogether, 323 new homes are planned at Johns Lake Point in three distinct villages with 50-, 75- and 85-foot lots. In addition, construction will start this summer on a 4,000 square foot amenity center with fitness facilities, a junior Olympic-sized pool, tennis courts and children's play area. Stirling Sotheby's associate Jennifer Gonzalez said new three to six-bedroom homes at Johns Lake Point range in size from 1,600 square feet of living space to 3,800 square feet, some of which are situated on preserve and pond front homesites. Gonzalez said close proximity to Orlando's main arterial highways - State Roads 408 and 429 and the Florida Turnpike - makes Johns Lake Point within easy access to anywhere in the metro Orlando area. "Our onsite model sales center is now open," Gonzalez said. Photo Gallery: http://www.stirlingsir.com/eflyers/johnslake/gallery/ Video: http://www.youtube.com/watch?v=9TWnFWV1cQ8 About Stirling Sotheby's International Realty: Stirling Sotheby's International Realty is affiliated with Sotheby's International Realty, the largest luxury real estate brand in the world. Stirling Sotheby's exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.

Tax credit a year ago makes comparisons difficult, chief of real estate group says

14:02:14 | 10/05/2011 - Source: Http

Des Moines-area home sales in April were 25 percent behind those of a year ago, but 10 percent above March sales, a report shows.

West Des Moines to look at warehouse as site for immigration center

14:02:13 | 10/05/2011 - Source: Http

A vacant West Des Moines warehouse has been added to the list of sites being eyed as a potential federal immigration enforcement center.

NAI Realvest negotiates new industrial lease for 16,916 Square Feet at Monroe CommerCenter North

13:55:27 | 10/05/2011 - Source:

MAITLAND, Fla. --- NAI Realvest recently negotiated a new lease agreement for 16,916 square feet of industrial space at Monroe CommerCenter North in Sanford. Michael Heidrich, a principal in the firm, brokered the transaction representing the landlord, Maitland-based COP-Monroe North, LLC. SCT Performance, LLC of Sanford leased the property at 4150 Church Street Suites 1018 and 1024 for its high-performance automotive products and custom engine tuning dealership. About NAI Realvest: NAI Realvest, covering all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide through NAI Global, an international commercial real estate network with over 350 offices spanning the globe. Since 1978, clients have built their businesses on the power of NAI Global's expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.nairealvest.com.

Care Home cleared after Twyford man, 88, choked on his food

13:02:23 | 10/05/2011 - Source: Get Reading

A Twyford nursing home has been cleared by a coroner of any wrongdoing after an 88-year-old man died after choking on his supper just two days before Christmas.

Laguna Beach Real Estate Market Sees Increase In Short Sales

08:52:40 | 10/05/2011 - Source: EIN News

The Laguna Beach Real Estate market has seen a sharp increase in the number of short sale listings coming on the market for sale with nearly 20% of homes listed now as short sales.

RealTown Announces Poll Results of National Association of REALTORS Membership Fee Increase Proposal

07:52:46 | 10/05/2011 - Source: RISMedia

RISMEDIA, May 10, 2011-RealTownA , home of the oldest online real estate community, recently released the results of an online poll conducted amongst its community members to gauge REALTORA and real estate industry participants' acceptance of the National Association of REALTORSA ' proposed $40.00 annual fee increase to support its new Political ...

Aussie real estate agent shot to death in US

03:43:27 | 10/05/2011 - Source: NEWS.com.au

AN Australian real estate developer proclaimed a hero by tenants in the crime and recession plagued US city of Detroit has been shot to death.

Joanna Jackson: Northwest Georgia real estate sales for April 2011

00:43:34 | 10/05/2011 - Source: Catoosa County News

According to the Greater Chattanooga Association of Realtors Multiple Listing Service, residential sale statistics for the northwest Georgia area for the month of April are as follows: For Catoosa County, there were 40 sales.