The 234 Apartment

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House-hunters are increasingly “wedging” Melbourne’s inner suburban real estate market by targeting a small number of quality homes while ignoring comparable properties , real estate agents say. The weekend auction market saw above- market prices paid for some well-located homes but comparable, if slightly inferior properties tended to underperform. The trend to highly divisive auction results for similar properties was demonstrated by two auctions in Fitzroy held an hour apart on Saturday. 80 Gore Street, Fitzroy, passed in at auction on the weekend. At one sale, four buyers fought hard for an unusually wide terrace house at 124 Victoria Street. Quoted by Nelson Alexander at $1.85 million to $2 million, the three- bedroom corner property , which has a renovated rear stables as a separate retreat, instantly attracted a $1.85 million offer from a buyers’ advocate representing a local family. The price rocketed to an on-the-market $2,040,000 and kept going until the house was s...

Denver's housing market has been red hot for the past few years, with buyers of more modest means often finding themselves priced out of properties thanks to bidding wars that routinely generate over-list offers. But as indicated by the presence of a "Price Reduced" sign on a home in a sought-after part of Centennial, as seen in the photo above, this situation may finally be about to change. Janene Russeau of Madison & Company, who's handling the South Madison Way and East Phillips Avenue house — it was originally priced at $639,000, but is currently going for $599,000 — feels that "it's turning a little bit more into a buyer's market, as opposed to a seller's market." If so, that's a big change. As recently as April, real estate agents such as Karen Mistrot, the woman behind Karen & Company Realty, were reacting to the incredible demand for new houses by way of "Coming Soon" signage for homes about to be put on the marke...

A Dallas- based real estate company has bought Woodhollow Apartments , 4502 Lake Shore Drive , and plans to remodel the interiors of its 220 units. The acquisition is part of Performance Properties ’ strategy to acquire 1, 500 upscale apartment units around the state. Woodhollow, which is located near Lake Waco and McLennan Community College , is a mix of one- and two- bedroom units averaging 741 square feet in size. It sits on 11 acres in a wooded setting, is 96 percent occupied, and amenities include a sand volleyball court , hot tub, two swimming pools and a dog park. Since 2013, partners David McQuaid and Todd White have focused on acquiring older apartments in need of repair. They have completed more than $73 million in transactions, amassing more than 1,000 units in Dallas and creating $10 million in gross annual revenue , according to a company news release . The company said acquisitions so far generally have required major renovations inside and out, but...

Maintenance problems abounded. Mr. Hunt used a pan to collect the rainwater dripping through the ceiling, graduated to a bucket and, when that proved insufficient, a trash can. Last winter, some of his favorite shirts were soaked by rainwater. “It was imperative for my sanity to move,” he said. Photo LONG ISLAND CIT Y Along the waterfront on Center Boulevard, the many rental buildings were new, but not new enough. Credit Sasha Maslov for The New York Times He envisioned his new place as airy and clean, but also warm and inviting. “Telling a real estate agent your vision is not as clear as making a list,” he said. So he made one, including light, views and a rent of around $2,000 a month for a studio or one-bedroom. Using five apps — StreetEasy, Trulia, PadMapper, Naked Apartments and Zumper — he went to work. “I felt frantic about it,” he said. He contacted every agent who seemed to have a suitable listing. “The idea was zero fidelity.” He planned to remain in Greenpoint. But the fe...

Five Broward County cities rank as the priciest rental markets in Florida — and, no, Fort Lauderdale doesn ’t top the list. Miramar leads with a July average rent of $1,800 a month, up 3.2 percent from a year ago, according to RENTCafé, a nationwide apartment search website . Adrian Rosenberg, a representative for the website, noted that Miramar rents have increased steadily in recent years and that more than half of Miramar’s apartment stock is made up of high-end buildings, which includes 1,500 new units delivered since 2013. Despite the recent building boom of luxury apartments in Fort Lauderdale , Broward’s county seat comes in only at No. 2 at $1,751 a month. Davie is third at $1,739. Coral Springs and Pembroke Pines are tied at No. 4 at $1,653 a month. In another upset, Miami came in at only No. 6 ($1,587) because lower- priced neighborhoods drove down the average rent, Rosenberg said. West Palm Beach was No. 7 at $1,344. No other Palm Beach County community made the top 1...

ARTICLE OPTIONS Throughout his early 60s, Brad Buchner and his wife, Elizabeth, lived in the kind of house that many near-retirees dream of: a peaceful, manageable ranch- style property tucked in a quiet Poconos town surrounded by trees, lakes, and plentiful open space . Costing anywhere from $30,000 to $150,000, tiny homes designed by Escape Homes enable anyone to travel around the country in a single-family home. As it turns out, however, that’s exactly what Buchner and his wife don’t want as they think about the next years of their lives. Three years ago, the Buchners packed their things and headed to Philadelphia, settling down in a Center City rental . As if ditching their longtime rural digs weren ’t enough, the pair also abandoned spaciousness, swapping their three-bedroom, two-bathroom home for precisely 345 total square feet . The transition has meant parting ways with a fully finished basement and a home office, and adjusting to an ovenless kitchenette and two miniature...

The Riveter: This one was my favorite. Steve Korn S eattle has the fourth-fastest- growing freelance economy in the country, which explains why there are almost as many coworking spaces opening up as luxury apartment buildings . Since I'll never be able to afford a luxury apartment , I thought maybe I can at least work at a place where the sink actually drains and the coffee is always fresh. So I checked out some coworking spaces and brought my laptop with me. I didn't tell them I was coming. I wanted to see what these places were like inside, without any PR hoopla. Clearly, we are living in the age of the remote worker. By 2020, 40 percent of the US workforce will be freelancers, temps, independent contractors, or "solopreneurs," according to a 2010 study by Intuit. According to the 2017 Global Coworking Survey , nearly 1. 2 million people worldwide will have tried coworking by the end of next year, and around 14, 000 coworking spaces will be in operation. Sixt...