D.R. Horton Adds Three New Heron Bay Neighborhoods
In October, Minerva Properties announced that D.R. Horton had contracted to purchase single family home sites in The Villas neighborhood in Heron Bay Golf and Country Club, the premier master-planned community in Atlanta’s southern crescent. Minerva Properties is pleased to announce that D.R. Horton has agreed to purchase home sites in another two neighborhoods within Heron Bay, The Summit and Northridge. D.R. Horton is a national leader in the residential homebuilding industry and has built homes in four previous neighborhoods within Heron Bay, three of which are now sold out, with Meadow Glen likely to reach close-out by mid 2009. The opening of these three new neighborhoods will allow D.R. Horton to continue their successful selling strategies with a variety of different home design concepts at multiple price points.
More: continued here
S&P index shows plunge in November home prices
Chart shows S and P Case-Shiller Composite 20 Home Price Index for the past 13 months; 1 c x 3 1/8 in; 46.5 mm x 79.
More: continued here
America’s Most And Least Popular Cities
Those who live in the U.S. love and hate these 10 spots.
More: continued here
Buyer Advice for Purchasing a Home
There’s a lot of doom and gloom being spread in the media about the housing market and overall turbulent economy. But, if you’re in a position to take advantage of falling housing prices, getting a loan and moving forward with a real estate purchase could, in the long run, add strength to your financial portfolio.
More: continued here
Hot Market: Washington Neighbor Beginning Roll to Recovery
As the new president takes office, he’ll be moving into the middle of one of the country’s real estate markets that’s in full throttle recovery.
More: continued here
Centro Sells Power Center to Acadia for $78M; 40% Discount
New York-based retail REIT, Acadia Realty Trust (NYSE:AKR) today announced it has purchased Cortlandt Towne Center for $78 million from Centro Properties Group. Cortlandt Towne Center is a 640,000-square-foot regional shopping center located on E…
More: continued here
DEAL TERMINATED: Inland to Assume Title of Three Feldman Malls
Update Published 1/29/09:Great Neck, NY-based regional mall owner/manager, Feldman Mall Properties (Pink Sheets: FMLP), announced Jan. 27, 2009 that Inland American Real Estate Trust (”Inland”) terminated its agreement to assume the titles of Feldman…
More: continued here
Home sales tick up but job cuts deepen gloom
An unexpected improvement in home sales provided a rare dose of good economic news yesterday, but companies continued to wield the axe on jobs as the yearlong recession inflicted more pain.
More: continued here
Home sales up nationally
Despite a 6.5 percent rise last month in existing-home sales around the country, analysts caution that the outlook is uncertain.
More: continued here
Investor Report: Self-Storage Facilities
It’s not a high-glamour, high profile niche in real estate investing, but it could be one of the safer, cash-flow producers in tough economic times: We’re talking about self-storage facilities for small-scale investors.
More: continued here