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Unsold condos from the last South Florida real estate boom in the downtown West Palm Beach and Palm Beach Island markets would take more than five years to sell out at the current sales pace, according to a new
Pending listings in the Miami-Dade and especially Broward counties posted double-digit increases in October, further evidence of the phoenix-like resurrection that is apparent in the Miami real estate market. For Miami-Dade, pending listings were up 10 percent year-over-year, and
Sotheby’s International Realty is the “official luxury real estate partner” of Art Miami, the city’s longest running contemporary art fair, which runs from Nov. 29–Dec. 4 this
At the first debate over the resort casinos bill, Colin Au, head of Genting Americas, made some extravagant promises to Florida legislators. Au claims that the bill, which calls for three large resort casinos to be built in Miami-Dade
U.S. cities are reporting little change in prices in the latest Case-Shiller Home Price Indices, the monthly report by Standard & Poor’s (S&P) that is the leading measure of U.S. home prices. The newest report, which surveys home prices for the third
South Florida home and condo sales have been the talk of the town this year, surpassing the expectations of analysts and shattering the records of the housing boom; but 2011’s record sales have dwindled in the past couple of
Miami local Maurice “Moe” Veissi will be the new president of the National Association of Realtors (NAR) in
Everywhere we seem to look, stories are popping up about international investment in the South Florida housing market, but a new study offers a reminder that US buyers are just as smitten with the area’s perks – even if
With 35 units sold for nearly $46 million, the bulk owners of the Trump Hollywood condo project in South Florida increased transactions by 75 percent between the second quarter, which ended in June of 2011, and the third quarter,
After weeks of deliberation and endless hours of lobbying from the National Association of Realtors and other interest groups, Congress has finally agreed upon a resolution for raising the limits of federal conforming home loans, according to a new
The Related Group’s newest development, condo tower Apogee Beach, was originally planned to break ground in January 2012. Yet, with the positive initial responses from buyers, the developers have decided to move up the construction dates–and the asking
Brokers Dina Goldentayer and Sladja Stantic, principal founders of the DS Team, have joined ONE Sotheby’s International
As a public notice recently published in The Miami Herald announced, part of the discussion at the November 17 public hearing to be held by Sunny Isles Beach City Commission will center around a proposal for a new condo
The Miami housing market scored praise from influential analysts and commentators at the International Real Estate Congress in Miami, an event hosted by the Miami Association of Realtors (MAR) and National Association of Realtors (NAR) that is attended by hundreds of the
Third quarter home sales in the Miami metro area skyrocketed by 51 percent from a year ago, according to recent data from the Miami Association of Realtors (MAR). Total home sales for the area, which include existing single-family homes
During the boom years, condos were hot in South Florida, so hot that zealous developers began converting modest apartment buildings into sellable condominiums to get in on the action. But now, with demand stagnant, distressed condos have become a