Naples, FL – Mountain Real Estate Capital (MREC) announces the closing of a new investment with GL Homes of Florida to develop the 850-home Riverstone Community in Naples, Fla. MREC continues to invest in Florida and now has invested in over 8,300 acres of land and 6,500 home sites located in West Palm Beach,...
Orlando, Fla. – According to Orlando REALTOR® Jonathan de Jesus, the high inventory of real estate listings in the Orlando area means buyers can count on continued bargains for the near future. How long the bargain-basement prices on Orlando real estate will last is debatable, according to de Jesus, who says that it depends...
Meridian, ID – For pastors, lower prices for real estate have been truly a blessing, allowing some to buy a home for the first time, according to Meridian real estate agent John Espinosa. Espinosa, who comes from a family deeply involved in Christian ministry, says that the economic downturn has hurt a lot of...
Portland, Oregon – Portland Oregon real estate agent David Somerville says young families are being drawn to Downtown Portland’s condos and lofts by low prices, good neighborhoods, and close proximity to jobs. Somerville, who has been selling Portland real estate for over ten years, says the trend of younger buyers coming into the downtown...
Newport News, VA – Newport News REALTOR Erin Melton launched a new local website that she says provides much more accurate York County VA real estate searches than the big national real estate websites. While several big real estate website brands get the most attention initially from prospective home buyers, Melton says they quickly find...
Albuquerque, NM – Top Albuquerque New Mexico real estate agent Joe Maez says there is a growing number of former short sellers who are ready to be become today’s buyers. With lenders typically showing leniency to buyers who have a short sale on their credit history, he says time is healing old wounds and...
Orlando, FL – Orlando real estate agent Jonathan de Jesus is launching a new website that includes what he calls a “hyperlocal lifestyle search” tool to help home buyers better learn about the neighborhoods they are considering buying in. It features the My Florida Regional MLS data which covers an extensive amount of Florida...
Minneapolis, MN – Minneapolis, Minnesota downtown specialist Ben Ganje is launching a new website to make information on Minneapolis real estate in the downtown districts much easier to find. He says there is increased interest in moving downtown, but people who grew up in suburban or rural Minnesota have a lot of questions about...
Portland, Oregon – The high inventory of foreclosures in the Portland market, including pre-foreclosure short sales and bank owned homes, is driving prices and sales according to local REALTOR David Somerville. “Prices are at historic lows right now, and the large inventory of bank owned Portland real estate seems to be the biggest factor.” Somerville, who...
Cincinnati, OH – Cincinnati REALTOR Sandy Bakst says record low prices in the new and existing home market provide historic opportunities for buyers. He says that home prices in many cases have completely retraced the pre-mortgage-crisis bubble levels, providing exceptional valuations for buyers considering entering the market. “Many potential buyers have been sitting on...
Albuquerque, NM – With the long-anticipated end of the Federal Reserve’s so-called QE2 coming at the end of the month, Albuquerque real estate agent Joe Maez says the phasing out of this technique of government-induced low interest rates will likely mean rising mortgage costs for buyers in months ahead. According to Maez, that means buyers...
San Diego, Calif. – Real estate agents looking for an edge to get their listings sold in arid Southern California might want to recommend synthetic lawns to their clients, according to one analysis. Scot Wozniak, President of San Diego Lawns, Inc., a San Diego synthetic lawns installation company, says drought-friendly artificial turf is a...