Local News

Real estate news in Atlanta

Negative Equity in Miami Plummets by 57.2%

The negative equity situation in Miami has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Miami area, the share of mortgage properties in negative equity

Cuba Releases U.S. Prisoner, Opens Door to Bigger Changes

U.S. and Cuba exchange prisoners in a small step towards larger change. In what pundits are hailing as a landmark move towards improving U.S.-Cuba relations, top representatives from the two nations will soon start talks on how they can

Mortgages in Miami Twice as Affordable as Rents in 2014

Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;

Cash Sales in Miami Lead the Nation

New cash sales report says more of the same – we’re staying consistent. In September, cash sales increased slightly despite the autumnal slump, but remain at relatively low levels, according to a new report from CoreLogic. In recent months,

Krystal Tower Announces Pre-Construction Sales

Miami is home to one of the nation’s most active and sought after condominium markets, offering spectacular oceanfront views and immediate access to the city’s infamous blend of international cultures. In late November, Krystal Tower, Miami’s newest upscale condo

Naples Welcomes Award-Winning Homebuilder

It looks like Naples, Fla. will soon be enjoying the resources and talent of a award-winning national homebuilder, as Ashton Woods Homes announced earlier today it had purchased lots and plans to build a number of single-family homes in

Could Slowing Asking Prices in Miami Benefit its Market?

What’s the deal with asking prices in our metro area? Asking prices in the Miami area remained positive in November, though they seem to be showing signs of slowing down, according to the newly released Price Monitor from Trulia. Per Trulia’s

Crescendo Real Estate Joins the Real Estate Club to Sell S2 Development in O Residences

Ivan Ramirez, owner of Crescendo Real Estate, and his team of associates have joined S2 Development and its joint venture partner BHLK Investments to assist The Real Estate Club in selling out the O Residences. Not only familiar with

Florida Completes More Foreclosures Than Any Three States…Combined

Foreclosures are being completed at dramatic rates…and why that might not be so good. The newest foreclosure report from CoreLogic highlights the nation’s continued efforts to push through new and long pending foreclosures, but the robust pace of completion

Hector Rabellino Joins Astor Real Estate Group

Hector Rabellino has joined Astor Real Estate Group as a sales associate. With more than 15 years of experience in sales and marketing, Rabellino has a long record of successfully guiding local, national and multi-national clients with their real

Construction Spending Surpasses National Average in Miami

Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to

How Qualifying Incomes Are Surprisingly Reasonable in Miami

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

CoreLogic Report: What Price Appreciation Says About Our National Economy

Stable, moderate price appreciation may tell a much larger economic story.   Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of

MiamiCentral Promises More Walkability and Affordability

New investment into transportation demonstrates Miami’s eagerness to modernize. In July, we ran an article touting Miami’s recent push for walkability. According to a report from The George Washington University School of Business, Miami, joining a much longer list

Midtown to Gain Many Firsts in New Condominium Development

Many firsts are coming to Midtown, a Miami neighborhood that struggled as a result of the housing crash, as Dezer Properties LLC, the Related Group and hotel management firm sbe prepare to break ground in 2015 on a new

$20 Million Blue Diamond Penthouse is Largest on the Market

A $20 million Miami Beach penthouse has just hit the market, making it the largest Miami Beach penthouse currently on the market. Previews® Property Specialist William P.D. Pierce has co-listed the penthouse with Meylin Rodriguez and Alex Gomez, who

New Subscribe

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