Other People’s Lake Views, or, “Not . . So . . Fast” Put it this way: I’ve never seen a supplement on MLS for a turret before (the proposed home that goes with is pictured above). Here’s what it says on MLS: SPECIAL FEATURE! The Turret area is designed to have a spiral staircase leading...Read More
Common Interest Community (“CIC”) Rules & Reg’s Test your knowledge of Common Interest Communities — typically associated with condo’s and town homes — and answer the following multiple choice question: Which of the following is most likely to be a deal breaker in the sale of a condo or town home? A. No fireplace —...Read More
Preservation vs. Development, Part Two In Preservation vs. Development, I discussed the criteria that I think should be applied when a city is trying to decide whether to preserve or develop a given neighborhood or area. This post is about the criteria that should apply when an individual wants to develop a specific piece of property: their...Read More
No More New Construction? Buy land. They’re not making it anymore. –Mark Twain Twain was clearly wrong about land (and real estate generally) always being a good investment; when credit is cheap and demand strong, prices can and do reach unsustainably high prices. However, his basic insight — look for something where supply is constrained...Read More
