Treasure Coast & Palm Beach | Real Estate Blog
Bedroom Remodel: Tips for Making a DIY Project Go Smoothly
Bedroom remodels can be a lot of fun, but they can also be hard work if you’re doing everything yourself. Not only do you have to create a good plan for the items you want and their location, but you also need to think about moving everything out of the bedroom so you can paint, clean, or redo the floors. Putting it all together takes time, energy, and money, and if the project doesn’t go smoothly, it can become stressful and overwhelming. The key is to get (and stay) organized. A good plan will help you stay on task and on budget, which can help eliminate the stress that you won’t have the funds to complete the project. Do some research ahead of time to ...
Interest rates are climbing, but borrowers are tapping home equity in droves
As interest rates climb and salary growth stalls, borrowers are taking cash out against their homes in volumes not seen in over a decade. Close to $14.6 billion was withdrawn from home equity across the country during the third quarter, as more than 80 percent of borrowers chose to take out cash against their homes, according to The Wall Street Journal. However, these figures are still well below rates seen before the financial crisis, when borrowers cashed out over $80 billion for three consecutive quarters in 2006. Homeowners often seek to refinance their homes to retire their previous loans, and cashing out can be used to fund renovations or retire a college debt. The economy’s growth is driving up housing prices, but leaving worker salaries ...
Mortgage rates fell last week – 30-year hit 4.81%
It was the biggest weekly drop since January 2015, but the 30-year FRM was still up almost a percentage point from its 3.92% one year ago. From Florida Realtors® News For more information, visit – http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=374309
...Las Olas in downtown Fort Lauderdale is getting a Publix store under the Greenwise brand
Publix Super Markets will open a grocery store under its organic Greenwise brand at a mixed-use development in downtown Fort Lauderdale. Lakeland-based Publix plans to open the grocery store in 115,000 square feet of pre-leased, ground-floor space at the Main Las Olas development, now under construction A partnership led by Fort Lauderdale-based Stiles Corp. and San Francisco-based Shorenstein Properties LLC is developing Main Las Olas, which will include 357,000 square feet of office space and 341 rental apartments. Stiles acquired the 2.7-acre development site at the intersection of Southeast Third Avenue and Las Olas Boulevard in 2016 for $13.1 million. The Greenwise Market in downtown Fort Lauderdale is scheduled to open in the fall of 2020 at 225 East Las Olas Boulevard. Publix has a ...
NY developer plans 220 age-restricted rentals in Palm Beach Gardens
Plans to build an age-restricted apartment complex in Palm Beach Gardens are pending a proposed rezoning in the up and coming Arcadia Palm Beach Gardens community by RCA Boulevard. Troy, New York-based United Group of Companies plans to build 220 apartments for tenants age 55 and older. United Group wants to build the apartments on the 11-acre site of the Amara Shrine Center at 3650 RCA Boulevard in Palm Beach Gardens. The Palm Beach Gardens City Council is scheduled to vote Dec. 6 on the planned apartment project and a proposal to change the zoning of the development site from commercial to residential. The apartment complex would be called Arcadia Commons and would have one-, two- and three-bedroom apartments. Each apartment would have a washer ...
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