Condo News Highlights
New condos coming to Cambridge Village
Courier Press. Dated 01/18/2007
A community of multi-level townhome condominium buildings is planned for the highest point in Cambridge Village, located in hilly northern Vanderburgh County overlooking U.S. 41 North and Interstate 64.
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Setai Group, Zamir Equities to Bring Luxury Condos to New York
By Kelly Sheehan, Multi-Housing News. Dated 01/18/2007
JANUARY 18, 2007 -- New York -- The Setai Group and Zamir Equities, New York-based development firms, are converting a 25-year-old office building in Manhattan into The Setai, New York, a luxury condominium community. Located at 40 Broad St., the 30-story tower will include 167 studio, one-, two- and three-bedroom units, ranging from 475 to 3,424 square feet and priced from $645,000 to $6.75 million.
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Condos proposed in Englewood
By KEVIN DALE, Herald Tribune. Dated 01/18/2007
ENGLEWOOD -- A Sarasota developer wants to build 60 condominiums and a shopping area along a stretch of Englewood Road poised to boom.
The five-acre vacant parcel is owned by David and Drew Shepherd through Sarasota-based Englewood Land LLC, according to the rezoning petition.
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Dallas real estate endures slower December
Inman News. Dated 01/09/2007
More real estate cooling hit the Dallas/Fort Worth metro area in December, as single-family home sales and prices continued to fall from their 2005 levels, according to preliminary statistics provided by North Texas Real Estate Information Systems.
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Real estate debate: High touch vs. high tech
By Glenn Roberts Jr., Inman News. Dated 01/09/2007
NEW YORK -- Some common labels land on various breeds of real estate companies -- such as "discount or "traditional" -- that seem to stick even though they don't quite fit, said panelists Monday during a session at the Real Estate Connect NYC conference. The terms can result in adversarial connotations, including the perception of an uneven playing field that pits newcomers against a backlash from industry veterans.
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November new homes sales rise
By Patrick Rucker. Dated 12/27/2006
WASHINGTON (Reuters) - Sales of new U.S. homes rose a higher-than-expected 3.4 percent in November, but they were down 15.3 percent from a year ago, a government report on Wednesday showed.
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Housing market in flux
By SCOTT BRODEN. Dated 12/18/2006
Affordable townhouses are the new starter homes for many who can't afford big high-priced houses, yet first-time buyer Amy Childers was looking for more.
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Gay condo controversy
By Scott Van Voorhis. Dated 12/17/2006
The Bay State, the birthplace of gay marriage, is on the cusp of another revolution in alternative living that could prove to be just as controversial - gay condo communities.
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Condo-mania hits North Oakland
By Momo Chang. Dated 12/18/2006
Developers seem to have caught on to the fact neighborhoods like Temescal are ripe for building market-rate condominiums. They have bought lots, shuttled through the city's planning process and erected five to six-story complexes that tower over existing nearby structures.
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Downtown Department Store Reborn as Lux Condos
By Liza Danver. Dated 12/15/2006
Friday Mayor Jonathan Weinzapfel announced his formal request to the Evansville Redevelopment Commission to help fund an exciting new project downtown.
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Condo project sales lagging
By FRANK GLUCK, Herald Tribune. Dated 12/18/2006
BRADENTON -- Not many developments here can boast the views of the massive SevenShores condominium project planned for land straddled by Anna Maria Sound and Perico Bayou.
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Shops, lofts planned in Edwardsville
By Terry Hillig. Dated 12/11/2006
EDWARDSVILLE — A planned $8.6 million development with shops and upscale loft apartments is expected to inject new life into what has been a relatively listless corner of the downtown business district for several years.
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Reports of Condo Market's Demise Greatly Exaggerated
By MICHAEL STOLER. Dated 10/12/2006
This columnist and many real estate leaders disagree with the news that the condominium marketplace is falling apart and that every condominium development is set to tank. To the naysayers: Let them speak to savvy, experienced, and talented real estate developers who are bullish and will continue to develop residential condominiums.
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Builders' confidence in condo market takes a dip
Real Estate Weekly. Dated 08/30/2006
Builder confidence in the condominium housing market weakened significantly in the second quarter of 2006, as sales continued to retreat from the record-high levels seen last year, according to results from the National Association of Home Builders Multifamily Condo Market Index (MCMI) released recently.
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Investors Struggle With Aftermath Of Condo-Investing Fever
By Amy Hoak, From MarketWatch. Dated 10/13/2006
People camped out for the chance to buy a unit in Radius, a condominium development in Hollywood, Fla. The building's 285 units sold out in just over 10 hours -- half a year before construction was even set to start.
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