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Demand, low interest rates, cash spark home sales in Lake County, FL


Part of the “craziness” is the way people are buying homes.
“Right now, we’re seeing a lot of cash offers,” said Carey Baker, the county’s property appraiser.
Some of the movement comes from people who have sold their homes up north, so they are flush with cash.
In May, 28% of closed sales were in cash, according to Florida Realtors in their Lake County statistics.
Last May, 72 people paid cash for a home. This year, it was 184 a 155.6% increase.
“Cash is always king,” Hampton said,
But it s putting the squeeze on some buyers.
“I had one buyer who was interested in seven different houses before finally getting a contract on the eighth by paying $45,000 above the asking price,” Hampton said. ....

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Jokowi looks at expert input for new Capital | Daily Express Online - Sabah's Leading News Portal


Published on: Saturday, April 17, 2021
By: Tempo Indonesia
JAKARTA: President Joko “Jokowi” Widodo
(pic) invited experts from a number of professionals to join the Authority Board of New Capital City. “To give recommendations related to planning and development of the country’s capital,” said National Development Planning Minister Suharso Monoarfa.
Suharso revealed the information after the President received representatives of seven professional associations at the State Palace. On that occasion, Jokowi ensured that everyone has the right to submit input or ideas related to the development of the new capital in East Kalimantan.
Jokowi and related ministers met with a number of experts from various scientific disciplines, such as architecture, urban planning, regional planning, and the environment. ....

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Napa committee discusses greenbelts to slow development at city's edges | Local News


The latest version of Napa’s planned playbook for the next 20 years of growth includes the possibility of zones with heavily restricted development, sought by the residents of scenic neighborhoods on the city’s western and southern flanks.
A draft land-use plan reviewed Monday by the city’s General Plan Advisory Committee includes areas marked as “greenbelts” near Timberhill Park in the Browns Valley section of west Napa, as well as on a hilly Old Sonoma Road tract where the Napa Oaks housing subdivision project has aroused intense opposition and two City Council vetoes over the past two decades.
Earlier drafts of the next Napa general plan, intended to guide city growth and zoning through about 2040, had marked those areas for “very low density” for up to two homes per acre, alarming residents worried about encroaching into some of the city’s largest remaining open spaces – sloped and wooded areas that neighbors describe as pro ....

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