County Real Estate

Summit County real estate volume takes dramatic turn in September

2007-01-16T21:38:00.000-08:00

Summit County real estate volume takes dramatic turn in September

SUMMIT COUNTY - After a slump in August, the real estate market in Summit County proved bullish once again in the month of September, according to statistics collected by Land Title Guarantee Company.

In September, the Summit County real estate market soared 36 percent to $219,939,000 in monetary volume, as compared to $161,353,500 in 2005. The number of transactions stayed relatively steady with 444 this month versus 445 a year ago - an encouraging upward trend after a disappointing August. August 2006 sales decreased 12 percent over the prior year, and transactions were down 27 percent from 2005.

"Prices are significantly higher, but volume is the same as last year," said Brooke Valance, director of sales and marketing at Land Title Guarantee Company.

Breckenridge led all areas in the county with 94 transactions, which was 21.17 percent of overall Summit County transactions, and accounted for 37.16 percent of the total monetary volume in the county.

Development making progress

2006-12-19T22:59:00.000-08:00

Development making progress

While various developers plow ahead with plans to build gated communities in Fayette County, G.A. Carlson and Co. already has some finished product to display.Glenn Carlson's The Ledges is a gated, eco-friendly community under way on about 50 acres off Belmont Road outside Fayetteville. Carlson's project, which has been ongoing for about two years, already boasts some finished and lived-in homes, and others could be ready soon, he says."We've taken it slow and small," said Carlson. On a recent tour, Carlson and Steve Clark of New River Real Estate discussed the amenities of the development, which is on a smaller scale than three other developments planned in the county and will feature custom homes or condominium-style structures. The duo touts that the houses are free of exterior maintenance and are being built to leave minimal impact on the area's natural surroundings.More importantly, all zoning and utilities — including state-of-the-art waste treatment capable of discharging potable water — are in place, and lots are immediately available to build.

This land is your land, this land is my land

2006-12-11T01:21:00.000-08:00

This land is your land, this land is my land

Next Tuesday, voters throughout Warwick will decide on an issue that has had the town's attention for many years: Community Preservation.In an election season with the landscape dotted with the usual political signs, it is the green and white ones with the big red check mark saying, "Community Preservation Vote Yes Nov. 7," as well as the bright red and white ones that simply read, "Vote No Real Estate Transfer Tax!" that have garnered the most discussion.If approved by the voters on Tuesday, this would establish a 0.75 percent transfer tax on real estate transactions within the town. There are exemptions. The first $100,000 of the selling price of a home would not be subject to the tax. The first $50,000 of the price of land would be exempt as well.A home that sells for $400,000 would be taxed on $300,000 with the exemption.

REAL ESTATE: Disposable income plays part in rating counties' ...

2006-11-21T18:51:00.000-08:00

REAL ESTATE: Disposable income plays part in rating counties' ...

Census Bureau data show that Chesterfield County is as much as 20 percent more affluent than Henrico County in terms of median household income.

It certainly makes for a good story until you dig a little deeper and research what the disposable income is in each county.

I found it interesting that retail sales in Henrico were 15.3 percent higher than in Chesterfield in 2005, even though Henrico's population is 2 percent less than Chesterfield's.

There may be a host of reasons for this disparity, but the one I believe makes the most sense is that Chesterfield residents are more mortgage poor than Henrico residents. Part of the disparity might be because 81.3 percent of the homes in Chesterfield are owner-occupied, compared with 66 percent in Henrico.

Spectacular Open House: Top Orange County Realtor to Showcase ...

2006-11-09T21:18:00.000-08:00

Spectacular Open House: Top Orange County Realtor to Showcase ...

Some homes are too remarkable to be described adequately on spec sheets. A perfect example is the majestic ocean-view Corona del Mar home being showcased by leading Orange County real estate agent, Lee Ann Canaday, in an open house on Saturday, November 11, 2006.

Orange County, CA (PRWeb) November 6, 2006 -- Impressive homes are commonplace in Orange County, particularly in Corona del Mar. But now and then, there comes on the market a home so special that even luxury real estate agents drop their jaws. Such is the case with a new home being showcased by top Orange County real estate agent, Lee Ann Canaday.

This remarkable example of Corona del Mar real estate boasts a fabulous ocean view, and its specification list includes:

- Five bedrooms
- Four-½ baths
- 4,000 square feet of optimal living space
- Stone entryway, continuing through living and dining room
- State of the art gourmet kitchen
- Wine cellar with stunning wrought iron door
- Beautiful family room, built-in entertainment center including plasma TV
- Three-car garage
- Wood-trimmed executive office
- Grand foyer with fabulous glass door & windows soaring to the roof
- Grand master bedroom with ocean-view Jacuzzi and plasma TV

What really sets this Corona del Mar home apart, however, is an exterior appointment that a spec sheet can't do justice.