June 2018

Found 1 blog entry for June 2018.

South Florida townhouse construction heats up

Townhouse construction  

For 19 years, Susie Gugliotta lived in a five-bedroom home in Weston.  But she no longer needed anything that large and was ready for a change.  

Instead of a smaller house, last June she plunked down $481,000 for a waterfront townhouse in Artesia, a development still under construction in Sunrise.

Gugliotta isn’t alone.

New townhome construction is the rage, according to the National Association of Home Builders, a Washington, D.C.-based trade organization that predicts “future gains” for townhomes. Many townhouse buyers are going from being a renter to an owner, downsizing, or seeking to live in urban sprawl.

The peak

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