Florida Developer Announces Sellout of Award Winning Jacksonville Historic District Loft Project

Florida real estate Developer Cranewoods Development announced that the remaining lofts in its award winning Riverside Historic District loft project in Jacksonville, The Chelse Lofts, were sold to a South Floida investment group. The Chelsea has won awards for historically compatable construction and design. Jacksonville, FL (PRWEB) March 25, 2010 — Florida real estate developer Cranewoods [...]

Fannie Mae helping Florida’s condo market

Due to Florida’s great weather, abundance of beautiful coastal properties, it’s livability for residents, and attraction to retirees and vacationers, Florida has always had more condominiums than almost every other state in the country. Unfortunately, in the recent downturn, what’s considered a plus by many has become caught up in the economic turmoil like everything [...]

Prices to bottom, rates to raise but still a Buyer’s Market

Real Estate is seeing historically low prices, especially in the luxury and near luxury market.  Prices are at or extremely near the lowest they will ever be but mortgage rates are beginning to rise and aren’t expected to return to the low rates we’ve seen over the last few years. Here is a very good article [...]

$8,000 First Time Homebuyer Tax Credit Explained

The first-time homebuyer credit is a new tax credit included in the recently enacted Housing and Economic Recovery Act of 2008. For homes purchased in 2008, the credit operates like an interest-free loan because it must be repaid over a 15-year period. The credit was expanded in 2009 for homes purchased in 2009, increasing the [...]

Groups Investing in Real Estate

One of the developing trends in real estate is investing as a group in real estate. Some of the best investments can be found in oceanfront homes, beachfront and oceanfront condominiums and contemporay lofts. The advantages of investing in real estate as a group include: Spreading the investment between several people to minimize cash outlay [...]

The Tax Loss Carry Back and what it means to Real Estate Investors and Buyers

The Tax Loss Carry Back attached to the Unemployment Benefits Bill recently passed by congress and signed by the president has gotten little press but it may have great impact. First off, it will have the intended influence on stabilizing the Commercial Real Estate (CRE) market by helping potentially tens of thousands of mid level [...]

Florida Property Tax Portability Explained

For those who have made a home in Florida and are considering a move to a new Florida home, one of the most important things to be aware of is the newly enacted Property Tax Portability Amendment. So just what is Property Tax Portability? A new Florida law allows residents that are moving from one [...]

Investing in Real Estate through 1031 Exchange

Keeping Your Real Estate Equity In Tact During a Sale With 1031 Exchanges presents a wide variety of opportunities from taking advantage of the 1031 exchange technique provided by the real estate code. In a 1031 tax free exchange a real estate investor can sell an appreciated property and invest the sale proceeds in a [...]

Condominium Association Advantages

Whether you’re investing in an ocean front condo or set of multiplex condo units you’ll find many advantages in properties managed through a condo association. A condo association can be a very valuable asset to both full-time and part-time owners, taking the pressure of building maintenance and upkeep off your shoulders, and turning it instead [...]

Short Sale Pricing on Six St. Augustine Florida Waterfront Lots Pending Bank Foreclosure Announced By Cranewoods Realty

 6 pristine St Augustine Florida waterfront lots zoned multi-family are now available at short sale pricing dramatically below the outstanding bank loan. Working with the lender and developer, Cranewoods Realty has now listed these AAA located parcels at less than 25% of the actual cash invested in the lots due to a pending bank foreclosure. [...]

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