Searching for your dream home? 2020 Parade of Homes to continue through this weekend

The Home Builders Association of Dayton wants to give homeowners the ability to find their dream home in the Miami Valley virtually or in person.

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The 2020 Parade of Homes continues through this weekend and features 22 homes, available for purchase, from across the Dayton region from Lebanon to Tipp City. Those interested in these brand new homes will be able to view them through a 3D Matterport tour by Dayton Home Photo and video tours on buildingdayton.com, and through in-person tours from 4-8 p.m. every Wednesday through Friday and noon to 6 p.m. every Saturday and Sunday until Oct. 11.

The events are free and feature homes built by Diyanni Homes, D.R. Horton, Fischer Homes, HBS Development, Justin Doyle Homes, M/I Homes, Oberer Homes, Peebles Homes, Ryan Homes and Simms Development.

The prices of these homes range from

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LGI Homes (LGIH) Hits 52-Week High, Can the Run Continue?

Shares of LGI Homes (LGIH) have been strong performers lately, with the stock up 9.9% over the past month. The stock hit a new 52-week high of $127.59 in the previous session. LGI Homes has gained 78.6% since the start of the year compared to the -16.5% move for the Zacks Finance sector and the -17.7% return for the Zacks Real Estate – Development industry.

What’s Driving the Outperformance?

The stock has an impressive record of positive earnings surprises, as it hasn’t missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 4, 2020, LGI Homes reported EPS of $2.21 versus consensus estimate of $1.49 while it beat the consensus revenue estimate by 4.3%.

For the current fiscal year, LGI Homes is expected to post earnings of $9.16 per share on $2.12 billion in revenues. This represents a 30.63% change in

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Real Estate Sales Continue to Stagnate in Manhattan

Despite hopes that New York’s real estate market would spring back to life over the summer after the coronavirus lockdown was lifted in June, the number of closed sales in Manhattan was down by 46 percent in the third quarter compared to the same period in 2019, according to new sales data.

Inventory was up by 27 percent — the highest gain since 2009, according to a new report from the brokerage Douglas Elliman — and demand remains soft. The median sales price for apartments, $1.1 million, was 7 percent higher than at the same time last year.

“The Manhattan market is crawling out of lockdown and has clearly been the outlier in the region in terms of coming back,” said Jonathan Miller, a New York appraiser and the author of the report.

Sales at the lower end of the market, below $2 million, fell in the third quarter by

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Eviction moratorium ends as coronavirus deaths continue to mount

Five days after allowing all businesses in the state to reopen so idled workers can return to their jobs, Gov. Ron DeSantis lifted a moratorium that protected people from losing their homes during the pandemic.



A West Palm Beach Emergency Management employee shows off masks that the city's Fire, Police and Emergency Management Departments are distributing to 17 elementary, middle and high schools in West Palm Beach city limits Wednesday, Sept. 16, 2020. The distribution of approximately 26,000 reusable, washable cloth masks is the city's effort to ensure students in the city have facial coverings when in-person schooling resumes. The masks were donated by Palm Beach County, purchased with funds from the CARES Act. The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is the $2.2 trillion economic stimulus bill passed by congress. [LANNIS WATERS/palmbeachpost.com]


© Lannis Waters
A West Palm Beach Emergency Management employee shows off masks that the city’s Fire, Police and Emergency Management Departments are distributing to 17 elementary, middle and high schools in West Palm Beach city limits Wednesday, Sept. 16, 2020. The distribution of approximately 26,000 reusable, washable cloth masks is the city’s effort to ensure students in the city have facial coverings when in-person schooling resumes. The masks were donated by Palm Beach County, purchased with funds from the CARES Act. The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is the $2.2 trillion economic stimulus bill passed by congress. [LANNIS WATERS/palmbeachpost.com]

With a nearly six-month moratorium on evictions

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Strong Home Prices Expected to Continue Through at Least 2021, But Economic Uncertainty is Clouding Long-Term Outlook

The MarketWatch News Department was not involved in the creation of this content.

SEATTLE, Sept. 24, 2020 /PRNewswire via COMTEX/ —
SEATTLE, Sept. 24, 2020 /PRNewswire/ — After watching the for-sale housing market largely shrug off the potential impacts of the coronavirus pandemic this summer, a panel of experts is singing a much more bullish tune about short-term home price performance than in the spring. But a few clouds appear when looking further out. Skepticism remains in the long term with elevated unemployment expected to persist into the next decade. 

The Zillow® Home Price Expectations Surveyi, sponsored by Zillow and conducted quarterly by Pulsenomics LLC, asks more than 100 economists, investment strategists and real estate experts for their predictions about the U.S. housing market. The Q3 survey focused on the short- and long-term outlook for home prices, as well as expectations for U.S. unemployment. 

Just three months ago,

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Bow Tie Cinemas has put its Movieland at Boulevard Square property up for sale; owner plans to continue to run theater complex | Business News

The Movieland complex reopened on July 1. Attendance has been growing since, Masher said.

The family-owned Bow Tie has retained commercial real estate brokerage CBRE as an adviser in the sale or redevelopment of the property. Andrew Ferguson and Eric Williford are listed as the brokers.

“The property and neighborhood are benefited by the central location fronting Arthur Ashe Boulevard and encompassing Bow Tie Cinemas’ Movieland, with immediate access to major interstates, apartments, breweries, restaurants, entertainment venues, grocery stores and high-profile corporate office users,” according to CBRE’s promotional flyer on the property.

The flyer promoting the sale of the property does not list an asking price.

The 16.93-acre property is divided into two parcels.

The 11.05 acres is used for the Movieland and Criterion Cinemas buildings and the parking lots. That parcel is assessed at $18.098 million, according to the city’s online real estate data.

It is owned by BTP

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