Chicago holds a majority of zombie foreclosures, vacant homes Despite a 43 percent national drop of “zombie” foreclosures, they still remain a problem in several parts of the country, according to a RealtyTrac study. The study, which was looking at “zombie” foreclosures

Miami Beach is the No. 4 luxury housing market in the country for homes $10 million and above, according to the new Coldwell Banker Previews International Luxury Market Report. The report analyzed which U.S. cities had the highest number of

The rental market in Miami has been red-hot for some time now, but is it finally tapering off? And what would that mean for homeownership? The average rent in Miami’s housing market is $1,233, and the area’s rental growth seems to be

Sales continued their strong march forward in August, as CoreLogic reported both year-over-year and month-to-month increases. While the extent of home price gains varied often and sometimes greatly from metro to metro in August, the national direction has remained

Every month, the Miami Association of Realtors releases its monthly sales report, which highlights the area’s housing happenings, and prominently featured among the staple data is home prices. Despite single-family homes increasing in price in 50 of the last

CoreLogic released June cash sales data this week, which showed that cash continues to trickle out of the market. Nationally, cash sales made up 31.3 percent of total home sales in June, down from 33.9 percent the same time

Did the latest Case-Shiller present more of the same for housing? Home prices in the Miami area were up 0.4 percent from June to July and 7.3 percent from July 2014, according to the latest Case-Shiller Home Price Index from Standard & Poor’s.

A $166.1 million construction loan has been granted to SLS LUX Brickell Hotel and Residences from  the TPG Real Estate Finance Trust. The loan will be given to AMCO PRH 801 South Miami Avenue, which will include The Related Group and The

Newgard Development Group has announced that reservations have been converted to contracts at its new Gale Boutique Hotel and Residences at 2900 Riomar St. and 410 Bayshore Dr. in Fort Lauderdale Beach. Construction of the $120 million project is

Florida has the sixth most unfair tax system in the country. That was one of the findings in WalletHub’s application of a nationally representative survey to rank which states had the most and least fair tax systems. The survey reflected what

The Miami Association of Realtors released its monthly sales report this week, and the findings told the story of a still growing market with slowing panache. Across the area’s most popular housing stock – single-family homes and condominiums –

The Miami Association of Realtors released its quarterly report on the status of the city’s luxury market recently, and the organization led with the headline: Miami Luxury Home Prices, Total Inventory Rise in 2Q. What it left out was

Continental Real Estate Companies (CREC) has finalized its $17.5 million sale of Regency Apartments in the central Miami-Dade county.  The property is a 148‐unit, 4.18 acre rental apartment complex, and the sale price equals to $118,000 per unit, or $155 per

Terra’s latest project in the Botaniko Weston community is expected to be completed by 2017. The homes are on 121 acres of land and 125 homes are planned to be built. The homes will have five to seven bedrooms

Since last year, more than one million homes have found their way out of negative equity, a report from CoreLogic revealed. Since the second quarter of 2014, when 5.4 million homes, or 10.9 percent of all residential mortgages, were underwater, strong

Miami hit by expensive commute and utilities on top of high housing costs Miami was ranked as the third least affordable place to live, according to a Trulia study released today. The study found that 69.2 percent of the