After huge spikes in 2022 and 2023, property values have stabilized in Collier County – at least, overall. The preliminary tax roll for 2024 shows they dropped by 1.2% to $216.9 billion countywide, down from $219.6 billion last year. That would be the first time the county, as a whole, has seen a decline in
The term sounds like something out of a horror movie. And for many homeowners, the prospect of losing their homes due to so-called “zombie mortgages” is quite scary. But thousands of Americans are facing that possibility today, thanks to a combination of opportunistic vendors amid a housing boom and confusion over the status of long-ago
More affordable homes are coming onto the market. In May, there were 35.2% more homes for sale than a year earlier. Every region in the U.S. saw gains in May. Mortgage rates are high, home prices are lofty and selection is slim. There isn’t much to like about the housing market, except for one small
A Disney character once said Ohana means family in Hawaiian and family means no one is left behind, but on Longboat Key, Ohana now also will be associated with luxury and record prices. A Longboat Key home dubbed the Ohana Estate has been sold for $19.75 million, breaking a Manatee County record for sale price
Sarasota County Property Appraiser Bill Furst’s office will no longer increase a homesteaded property’s taxable value for routinely replacing a roof after two homeowners successfully challenged the practice. Despite the homeowners’ successful challenge to the property appraiser’s interpretation, homeowners who have seen their property values raised over the past decade-plus for new roofs can’t expect
One of this week’s top-selling homes is a renovated Colonial with water views in Freetown that sold for $1,035,000. Built in 1994, the single-family house situated on a 1.56-acre lot at 69 Narrows Road, Freetown, boasts 3 bedrooms with bonus playroom and 3.5 baths. Overlooking Assonet Bay and Shepherds Cove, the 3,924-square-foot home features a
ASHEVILLE – A local renewable energy company has received a over half billion dollar investment to allow the company to expand their services and continue the development, operation and financing of solar energy production and energy storage facilities. Pine Gate Renewables, based in Asheville, has received a $650 million investment from three investment partners: Generate
A nonprofit lender that supports developers building affordable housing announced Thursday it will loan $12 million to several projects in Ventura County. Housing Trust Fund Ventura County will make loans to Arrive Ventura and Valentine Road Apartments in Ventura, Citrus Flats in Santa Paula and Aspire Apartments in Oxnard. “For us to approve $12 million
Inflation, undersupply, high demand and exorbitant home prices are often reasons cited for why rents are high. But there’s another few people talk about, rampant fraud. Since the pandemic, rental fraud has exploded nationwide. Nearly all respondents (93.3%) to a survey of members of the National Multifamily Housing Council (NMHC) and the National Apartment Association