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Real estate news in Atlanta

Miami-Dade Saves More by Refinancing

SmartAsset evaluated refinancing around Florida and the country to find that Miami residents are saving more. In Miami-Dade County, Miamians are saving more each year on mortgage refinancing than anywhere else in the state, an analysis from SmartAsset, a personal finance

Terrazas Miami Hit 100 Sales Milestone

Terrazas Miami, a 324-unit luxury waterfront, gated condominium community on the Miami River, has hit the 100 sales milestone. Priced starting in the mid-$200,000s, Terrazas Miami offers 1, 2 and 3 bedroom apartments, lofts, townhomes and penthouses. The units

Miami Posts Nation’s 2nd Best Price Growth in New Case-Shiller

Miami continued to lead the pack in the latest Case-Shiller Home Price Index. Home prices in the Miami metro area put up sterling numbers in the latest Case-Shiller Home Price Indices, rising 0.7 percent from November to December and 8.4 percent from Dec. 2013. Not

MIAMI: Out-of-Towners Help Miami Grow

Miami continues to grow despite seasonal slump thanks to international and northeastern demand. Miami was 2014’s hotbed market, breaking records with high sales and surging prices, despite inventory shortages. A new report from the Miami Association of Realtors and

Axiometrics: Rent Growth Strong in South Florida, Slowing in Miami

Rental rates continued climbing into the new year, setting the pace for a strong performance in 2015. Miami renters felt the sting of increased rates in January, as growth continued to surge in South Florida, according to apartment market

Metrostudy Names Most Active Building Communities in South Florida

A new fourth quarter from Metrostudy highlights the building gains South Florida had in the final months of 2014. Building took a slight slump in the final months of 2014, falling 16 percent from the third to fourth quarter.

Majority of Miami Residents Now Live in Rental Housing

Just how dramatic has housing shifted towards rentals, in the last seven years? Sixty-five percent of Miami residents now live in rental housing, up from 60 percent in 2006; as if that weren’t enough, the renter population in Miami is up 25 percent in

First New Construction on Fisher Island in Seven Years Under Contract for Record Breaking Price

Palazzo Del Sol’s Penthouse 2 is under contract at $35 million, a transaction that is nearly three times the highest sale price ever recorded on famed Fisher Island. The highest previous sale was to Canadian billionaire Lawrence Stroll, who purchased

Maxwelle Real Estate Group Announces New Boutique Condominium

Maxwelle Real Estate Group recently announced a new exclusive boutique condominium, Oceanbleau, that will embody the elegance and tranquility of Hollywood Beach. Oceanbleau, located in one of Florida’s family-oriented, touristic communities, is in close proximity to South Florida’s highly coveted

Ruling Could Eliminate Statute of Limitations for Foreclosures

A case moving through Florida’s Supreme Court could give banks a new weapon when filing foreclosure suits. More than anywhere in the U.S., Florida has struggled to trudge through the viscous sludge of foreclosures that pooled in the aftermath

Brazilians Find New Home in Miami

Brazilians are spending more money in the U.S. than ever…and Miami is benefitting big. A port of indulgence for Brazil’s elite, Miami has catered to South American investors for decades, helping them funnel huge sums into lavish, coastal condominiums.

Enrique Iglesias’ former Miami Beach home listed for $25M

Marc Puleo, former CEO of 1-800-PET-MEDS and current owner of Enrique Iglesias’ former mansion, placed Villa Jasmine on the market for $25 million on Wednesday. After completing renovations on the property in 2003, Iglesias sold the mansion a year later to

Miami Shows Strength in Q4 Report

The Magic City ended 2014 well, but several problems are still likely to plague the South Florida market in the new year. Miami’s housing market performed well in the final months of 2014, leveraging a surge of consumer confidence

Miami Remains No. 1 Market for Cash Sales

CoreLogic report shows widespread drops in cash sales. Cash sales continued to drop in November, according to a new report from CoreLogic, which found an increasingly significant portion of all-cash buyers leaving the market, particularly investors. Ebbing closer to

In Miami, Mortgage Applicants Denied Nearly Twice the National Averages

Minority groups have a harder time accessing mortgages in the U.S., including here in Miami. In the Miami metro area, 21.2 percent of mortgage applicants are denied in their quest for conventional mortgages, according to a new analysis from Zillow; that’s not only substantially

Florida Foreclosures Falling; Still Above National Levels

Foreclosure activity in 2014 ended well, but pockets remain in dire straights. To cap off 2014, the national foreclosure inventory continued deflating, falling a staggering 34 percent year-over-year, according to CoreLogic’s newest foreclosure report. As of December, the nation’s

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