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CONDOS

The Wire

CityCenter in Las Vegas cuts condo prices 30 pct

Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed to buy, just help close the deals during the recession.

Bulk purchases latest condo trend in Florida

They're lurking, holding bags of cash and eyeing distressed condo markets.

Empty condos give universities new dorm space

River views, granite countertops, stainless-steel appliances, 9-foot ceilings. This is student housing?

Shipping containers could become condos in Detroit

A Detroit-based group hopes to use empty shipping containers to build a $1.8 million, 17-unit condominium project.

Trump Hawaii Condos Sell Out for $700M

Celebrities and investors forked over $700 million in just a few hours to buy up more than 460 suites in Donald Trump's luxury hotel-condominium project in Waikiki.

The Vine
'3 Hebrew Boys' Fraud Trial to Start
Source: TheState.com

Jury selection is scheduled to start today in the federal case of three Columbia-area men accused of running the $82 million "3 Hebrew Boys" investment scheme.

Orlando Condos are the Cheapest in the State
Source: Roadhouse Realty

Orlando condos are some of the most inexpensive in the state of Florida, according to a report released by the Florida Association of Realtors.

Oasis Towers - 300 condos units in Ft. Myers, only one family (Gallery+Video)
Source: Examiner

The Oasis Towers condos in Southwest Florida have a single family living among 32 stories with 300 condos.

1 in 5 Homeowners Underwater: Would YOU Walk Away?
Source: realestate.yahoo.com

...Fewer walking away than you think Almost 20% of homeowners - or 8.3 million people - are "underwater" on their mortgages, owing more than their properties are worth. Another 2.2 million are near that drowning point, known as "negative amortization."

Attn: A New Idea in Housing Locations --- "Lively look, right up the alley"
Source: The Sacramento Bee

There is a new idea being put forth that will not only create new homes, it will develop space that is close to the downtown area that will cut down on gas usage and commute times. Also, not really stressed will be the cleanning up of the unsightly alleyways.

NYC Real-Estate Developer Offers 'Obama Contingency'
Source: New York Magazine

Holy election tie-in: Erik Ekstein, who's developing +aRT, an 88-unit Chelsea condo that just began sales last week, says he's including an "Obama Contingency Clause"

One House Obama is Trying to Prevent McCain From Owning: Great Rebuttal on John McCain's Houses

This must have been the quickest advert made in history! One minute, John McCain cannot remember how many houses he owns while being questioned in an interview on Politico, and the next minute the Obama Team has an advert attacking that poor memory, reminding him of just how many …

Bellevue Towers Celebrates Topping Out
Source: Eastside Business

Bellevue Mayor Grant Degginger Makes Comments at the Topping Out Ceremony for Bellevue Towers

How I Made It: Westside Rentals founder Mark Verge
Source: The L.A. Times

Anyone who's ever looked for Los Angeles Apartments knows about WestsideRentals.com. Here is the back story on the entrepreneur and founder Mark Verge.

In the shadow of the condo | Shady Grove RV park shuts down tomorrow
Source: ThatOtherPaper.com

The Shady Grove RV park on Barton Springs Road is closing its doors tomorrow, March 31. It will be replaced by Barton Place, one of the many condo developments popping up all over Austin, Texas. This is the story of its history and residents.

Central Phoenix condos will offer green luxury living
Source: The Arizona Republic

Real estate may be lagging in many areas in the Valley, but the demand for sustainable luxury living remains high, some say. A developer plans to bring a high-end project for those potential homeowners to central Phoenix.

New York Condos Lure Deal-Seeking Europeans
Source: The New York Times

The sidewalks of Manhattan are crammed this month with European tourists on shopping sprees, picking up gifts that cost far less in the United States than they do at home because of the weak dollar. But they are not just crowding into boutiques and department stores.

Real estate: Buy, sell, or hold?
Source: CNN

From suburban porches and city terraces, they're gawking at a housing world gone mad. Just 18 months ago, folks on a tony Linden Lane or a leafy Boxwood Court were astounded to see the colonial their neighbors bought for $600,000 in 2000 sell for $1.5 million after multiple bids.

Home Prices Falling - What Do We Do?

CNBC's "Realty Check" reported today that home prices are falling at "a record pace." The national Q3 percentage drop year over year was 4.5%. This could affect jobs, taxes, and general growth in the market. So what do we do with all this "doom and gloom?"

Book-Cadillac condos: Hot, hot, hot (Detroit Renaissance)
Source: CNET News.com

Despite southeastern Michigan's sickly housing market, condominium sales have been brisk at the 1924 building, being revived as a hotel, restaurant and residential complex. Already, 61 of 67 condominiums in the Louis Kamper structure are spoken for.

North Myrtle Beach Hotels
Source: myrtle-beach-hotels.alldirectory.info

North Myrtle seashore is nine miles along the northern coast of South Carolina. It is north of Myrtle seashore and just south of Barefoot corridor. It is stillnesser than its sister city, Myrtle seashore.

Boom of condo crash loudest in Miami
Source: The Orlando Sentinel

MIAMI - The champagne-popping days are over for Natalie and David Luongo, who banked enough money flipping a South Florida condo three years ago to stage a $100,000 wedding.

Condos for $1
Source: stuckonthepalmetto.blogspot.com

Condos are going to be auctioned off to the highest bidder with no minimum bid. So if you bid a buck, and no one outbids you, the pad is yours!! The blogpost links to an article about the auction, a review of the apartments, and some opinions about the auction itself.

Mortgage acceleration without extra payments?
Source:

What if you could get a 15 year amortization with a 30 year payment? Now that would be tremendously helpful, wouldn't it? You can actually envision a day that you actually pay off the house! Seems impossible right now for most of us but that is exactly what is available through …

Twin Cities Realty Market Gets Reality Check

The national real estate downturn has affected the Minneapolis-St. Paul market very hard. Since January 2006, over 2500 Minneapolis area homes have been sold at foreclosure auctions.

Tales From the Condo « Anemic Royalty
Source: anemicroyalty.wordpress.com

Ask your Mummy to leave before showing the condo - WTF dept.

Rob's Tumblelog :: National Real Estate Blog
Source: Tumblr

I will probably post some photos and things from my personal blog and some new listings from my business and real estate site.

Urban Zen, Southpark Meets Belltown
Source: The Seattle Times

Miles from 'South Park,' an elegant Belltown condo offers respite to its creator

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