PropertyMaven: June 2006 Archives

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Jun27	New Home Sales Higher In May John Mudd June 27, 2006 Know More: new home sales The US Commerce Department reported that new home sales were up by 4.6 percent in May of this year. The median sale price was $235,300, while the average was $294,300. The supply of new homes on the market in May? Approximately 5.5 months, according to the Commerce Department. While inventory certainly isn't scarce, that's not necessarily a bad thing for buyers, who are often wooed with incentives galore, and at times are even able to negotiate the price. -John Mudd Posted at 7:44 AM \| Permalink \| Comments
Jun25	Donald Trump Partners With Crescent Heights To Build Trump Tower Tel Aviv John Mudd June 25, 2006 Reuters reported today that Donald Trump will team up with Crescent Heights Investments to build Trump Tower Tel Aviv, which will be the tallest building in and Trump's first in Israel. Construction and acquisition costs are estimated at $300 million.... Continue Reading Posted at 8:47 PM \| Permalink \| Comments
	Cottage Living Names Top 10 Cottage Communities In US John Mudd June 25, 2006 Cottage Living released its Top 10 Cottage Communities report recently, naming the places it picked as the top 10 best places to live in the US. Its standards don't quite match up with Money Magazine's, though. The criteria Cottage... Continue Reading Posted at 7:49 PM \| Permalink \| Comments
Jun24	Foreclosures Expected To Rise John Mudd June 24, 2006 Over the last five years, the housing market has seen a massive explosion in property values and home prices, but between August 2005 and February of this year, the housing market saw a correction in some areas. A correction that caused... Continue Reading Posted at 10:00 PM \| Permalink \| Comments
Jun23	Luxury Home Marketing Tips John Mudd June 23, 2006 Having seen a number of luxury homeowners put their luxury estates homes on the market recently, you may have become inspired to put yours on the market, as well, but before you do, here are some of the luxury home... Continue Reading Posted at 8:27 AM \| Permalink \| Comments
Jun16	Hulk Hogan's Belleair Estate Home On Market John Mudd June 16, 2006 Terry Bolea, who we all know and love as Hulk Hogan, has officially placed his absolutely gorgeous Belleair mansion on the market. The Miami Herald reported in May that he had purchased a bayfront estate home located on North... Continue Reading Posted at 9:44 AM \| Permalink \| Comments
Jun15	Tampa Landlord Liquidates $140 Million In Real Estate Assets John Mudd June 15, 2006 Landlord Steven Green, a New York native who operates from Tampa, has already sold nearly $140 million worth of his property portfolio, according to today's St. Petersburg Times. The portfolio is mostly made up of underperforming apartment complex assets,... Continue Reading Posted at 7:41 AM \| Permalink \| Comments
Jun14	Creative Home Selling Tips For a Buyer's Market John Mudd June 14, 2006 Ilyce Glink, author, financial advisor and real estate advice columnist extraordinaire brings us her wisdom, courtesy of Inman News (requires suscription after post date), on how to successfully sell your home in a buyer's market. Here are her tips on... Continue Reading Posted at 7:18 AM \| Permalink \| Comments
Jun12	Home Selling Tip: Staging Your Home To Sell John Mudd June 12, 2006 Having trouble selling your home? Maybe it's time for you to de-clutter. Or maybe you need a stager to do more for you. Here are a few things a stager can do for you, according to today's St. Petersburg Times... Continue Reading Posted at 8:33 AM \| Permalink \| Comments
Jun 8	Mortgage Rates End Week Lower John Mudd June 8, 2006 Mortgage interest rates have been edging up over the last few months, until today, when they fell on less than expected job growth. Bankrate.com reports: The thing that moved mortgage rates came a few days before Bernanke's speech, in the... Continue Reading Posted at 3:46 PM \| Permalink \| Comments
Jun 7	Survey: What Luxury Buyers Desire In a Luxury Home John Mudd June 7, 2006 Luxist reports that a recent CNN/Money survey shows what luxury buyers desire in a luxury home. ...designer kitchens, entertainment rooms, and wet bars. More than 30% have wine cellars and 24% have theater seating. Outdoors, almost 40% of the homes... Continue Reading Posted at 6:57 AM \| Permalink \| Comments
Jun 5	Martha Stewart's Farmhouse On Market John Mudd June 5, 2006 Luxist reports that Martha Stewart has placed Turkey Hill Farm, her Westport, Conn. estate home, on the market. Stewart is asking $8,995,000 for the 3,100 sq. ft. home, which sits on nearly four acres of lushly landscaped grounds. The... Continue Reading Posted at 7:32 PM \| Permalink \| Comments

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Jun27	New Home Sales Higher In May John Mudd June 27, 2006 Know More: new home sales The US Commerce Department reported that new home sales were up by 4.6 percent in May of this year. The median sale price was $235,300, while the average was $294,300. The supply of new homes on the market in May? Approximately 5.5 months, according to the Commerce Department. While inventory certainly isn't scarce, that's not necessarily a bad thing for buyers, who are often wooed with incentives galore, and at times are even able to negotiate the price. -John Mudd Posted at 7:44 AM \| Permalink \| Comments
Jun25	Donald Trump Partners With Crescent Heights To Build Trump Tower Tel Aviv John Mudd June 25, 2006 Reuters reported today that Donald Trump will team up with Crescent Heights Investments to build Trump Tower Tel Aviv, which will be the tallest building in and Trump's first in Israel. Construction and acquisition costs are estimated at $300 million.... Continue Reading Posted at 8:47 PM \| Permalink \| Comments
	Cottage Living Names Top 10 Cottage Communities In US John Mudd June 25, 2006 Cottage Living released its Top 10 Cottage Communities report recently, naming the places it picked as the top 10 best places to live in the US. Its standards don't quite match up with Money Magazine's, though. The criteria Cottage... Continue Reading Posted at 7:49 PM \| Permalink \| Comments
Jun24	Foreclosures Expected To Rise John Mudd June 24, 2006 Over the last five years, the housing market has seen a massive explosion in property values and home prices, but between August 2005 and February of this year, the housing market saw a correction in some areas. A correction that caused... Continue Reading Posted at 10:00 PM \| Permalink \| Comments
Jun23	Luxury Home Marketing Tips John Mudd June 23, 2006 Having seen a number of luxury homeowners put their luxury estates homes on the market recently, you may have become inspired to put yours on the market, as well, but before you do, here are some of the luxury home... Continue Reading Posted at 8:27 AM \| Permalink \| Comments
Jun16	Hulk Hogan's Belleair Estate Home On Market John Mudd June 16, 2006 Terry Bolea, who we all know and love as Hulk Hogan, has officially placed his absolutely gorgeous Belleair mansion on the market. The Miami Herald reported in May that he had purchased a bayfront estate home located on North... Continue Reading Posted at 9:44 AM \| Permalink \| Comments
Jun15	Tampa Landlord Liquidates $140 Million In Real Estate Assets John Mudd June 15, 2006 Landlord Steven Green, a New York native who operates from Tampa, has already sold nearly $140 million worth of his property portfolio, according to today's St. Petersburg Times. The portfolio is mostly made up of underperforming apartment complex assets,... Continue Reading Posted at 7:41 AM \| Permalink \| Comments
Jun14	Creative Home Selling Tips For a Buyer's Market John Mudd June 14, 2006 Ilyce Glink, author, financial advisor and real estate advice columnist extraordinaire brings us her wisdom, courtesy of Inman News (requires suscription after post date), on how to successfully sell your home in a buyer's market. Here are her tips on... Continue Reading Posted at 7:18 AM \| Permalink \| Comments
Jun12	Home Selling Tip: Staging Your Home To Sell John Mudd June 12, 2006 Having trouble selling your home? Maybe it's time for you to de-clutter. Or maybe you need a stager to do more for you. Here are a few things a stager can do for you, according to today's St. Petersburg Times... Continue Reading Posted at 8:33 AM \| Permalink \| Comments
Jun 8	Mortgage Rates End Week Lower John Mudd June 8, 2006 Mortgage interest rates have been edging up over the last few months, until today, when they fell on less than expected job growth. Bankrate.com reports: The thing that moved mortgage rates came a few days before Bernanke's speech, in the... Continue Reading Posted at 3:46 PM \| Permalink \| Comments
Jun 7	Survey: What Luxury Buyers Desire In a Luxury Home John Mudd June 7, 2006 Luxist reports that a recent CNN/Money survey shows what luxury buyers desire in a luxury home. ...designer kitchens, entertainment rooms, and wet bars. More than 30% have wine cellars and 24% have theater seating. Outdoors, almost 40% of the homes... Continue Reading Posted at 6:57 AM \| Permalink \| Comments
Jun 5	Martha Stewart's Farmhouse On Market John Mudd June 5, 2006 Luxist reports that Martha Stewart has placed Turkey Hill Farm, her Westport, Conn. estate home, on the market. Stewart is asking $8,995,000 for the 3,100 sq. ft. home, which sits on nearly four acres of lushly landscaped grounds. The... Continue Reading Posted at 7:32 PM \| Permalink \| Comments

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