Environmentalists: Condos threaten coast (AP)

" ENCINITAS, Calif. - On a sandy bluff overlooking the Pacific, surfer Mark Massara sees a developing threat to a California amenity: guaranteed beach access for average families. Luxury hotel builders are hovering over the coastline, hoping to expand California's shores the...

Property Valuations Increased for Sarasota County

RP - Sarasota County property valuations increased by 24 percent in the past year, fanned by a red-hot year in real estate sales. Even while they consider cutting the property tax rate, the extra money will provide county commissioners more money to spend. During a...

Florida Shows Weakened Condo Sales

According to the latest report from the Federal Reserve Board's Beige Book, single-family home construction and sales slowed in Florida in April and May. The Beige Book report said, inventories of homes for sale in Florida remained higher than at the same time last year,...

25% Drop for Real Estate Sales in South Florida

According to statistics provided by the Realtor Association of Greater Fort Lauderdale, South Florida's Broward County residential real estate sales continued to fall by double digits in May, as for-sale inventory soared from a year ago. The single-family home sales totaled...

Crisis in Sarasota Condo Insurance

Real Estate Press - You may try to sell a condominium on the bay and have just learned that homeowners insurance has increased from $48,000 to $170,000 for the 29 units. Plus, the deductible has gone from $50,000 to $750,000. A 10-story condo was built in 2000. It is...

Miami Class A Goes to Condos

Key Realty Advisors, in an "off the radar screen" transaction, essentially paid $75 million for 233,000 square feet of the building it is based in, 16 town homes and a 1,097-space garage. The Class A SBS Tower at 2601 S. Bayshore Drive that was built in 1989 in...

Real Estate Press - US Growth is Condo Sales Slower but Still Rising

"The regional condo market has remained relatively flat during the past year while the nationwide condominium market keeps up with record-breaking, single-family home sales Nationally, 898,000 existing condos were sold in 2003, nearly a 10 percent increase from 820,000 in...

Real Estate News - North Miami Beach Towers Approved

Real Estate Press - Plans for the long-delayed Marina Grande condo towers, at 172nd Street and Biscayne Boulevard have been approved by the North Miami Beach Planning and Zoning Board. The project, which includes two 24-story towers and a 112-slip marina, now goes to the...

Costs Soar For Trump Tower Tampa

TAMPA - If you have a reservation for Trump Tower Tampa, you may have to dig deeper to pay for it. Developers say they underestimated the cost of building the 52-story, 190-unit tower under construction downtown along the Hillsborough River.(Note: Digging will begin Monday,...

Victoria condos are top gainers

Victorias hot condominium market led the pack in the first quarter as home prices continued their climb in most major markets across the country, a new study has found. The price of a condo in the B.C. capital shot up...