Local News

Real estate news in Atlanta

Miami Home Prices Slow in Case-Shiller Indices

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Miami metro area rose 0.3 percent from May to June and 7.7 percent from June 2014, according to the new Case-Shiller Home Price Indices from

The Wait for Posh Living in Downtown Miami is Almost Over

The Bond on Brickell, the first condo planned for Brickell Avenue since the recession, has topped-off construction at 44 stories. The development, a 328-unit luxury tower under development by Rilea Group and MDR Toledo, is located at 1080 Brickell

Melo Group Receives $95 million Construction Loan

On August 19, Melo Group announced that they had successfully closed a $95 million loan from Ocean Bank to fund the construction of Aria on the Bay Condominiums. The project, which will include 647 units of luxury condominiums at

MIAMI Reports Second Consecutive Month of Record Sales

Miami’s ending the summer hot, according to a new report from the Miami Association of Realtors, which confirmed July as the city’s second-highest month ever for single-family home sales. At a total of 1,354 single-family transactions, July’s figures nearly

CoreLogic: More than Half of All Sales in Miami are Cash

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

The Jills Consider “All Legal Remedies” Against Tomlinson

According to numerous news reports, in April of this year, ONE Sotheby’s International Realty Senior Vice President Kevin Tomlinson filed a complaint with the Miami Association of Realtors, claiming longtime South Florida top producers Jill Hertzberg and Jill Eber

CoreLogic: Florida Clears More Foreclosures Than Any Other State

Today, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

CoreLogic: Miami’s Distressed Sales Fall 10%

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

H3 Hollywood Reveals Newest Plans for Building

On Friday, July 31, trucks poured 600 cubic yards of cement into H3 Hollywood, laying down one third of the foundation for the newest addition to Hollywood, Florida. As construction on H3 Hollywood continues, Team Real Estate Developments unveils

Property Markets Group and S2 close $133.7 million loan for Muse Residences

Property Markets Group (PMG), along with their joint venture partner S2 Development and Canyon Partners Real Estate, announced that they have closed a $133.7 million senior construction loan for Muse Residences. Canyon, the lender, is a Los Angeles-based real

Why Miami Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Miami metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

Opulence International Realty and BOND New York Announce Partnership

Opulence International Realty (OIR), a South Florida-based real estate brokerage and development firm, has recently announced it’s brand-new partnership with BOND New York, a full service real estate brokerage firm. OIR will add BOND’s New York City experts to

Miami Area Flips Most Houses in Nation

New research indicates home flipping remains very profitable in Miami In 2015’s second quarter, the Miami metro area had 1,383 single family home flips, which is more than any other area in the nation, according to a recent study

Denise Patnode Appointed as Two Roads Development CFO

South Florida-based real estate development firm Two Roads Development has named Denise Patnode as its new Chief Financial Officer. Patnode will oversee day-to-day oversight, direction and control of financial accounting and reporting for the firm’s real estate projects. “I’m

Han Cheng Jeng Fu Joins Douglas Elliman as Director of Luxury Sales

Douglas Elliman announced the addition of Han Cheng Jeng Fu as the director of luxury sales at the Rubin Group. Jeng will market Miami real estate to China while simultaneously sharing his connections with the Rubin Group. “The experience

Politicians and Developers Look to Cuba for Opportunity

As relations between Cuba and the U.S. normalizes, real estate businesses hope to expand money making efforts into Cuba Last year, President Obama made history by laying new groundwork for a future relationship between the U.S. government and Cuba;

New Subscribe

  • This field is for validation purposes and should be left unchanged.