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VM South Beach Acquires Versace Mansion for $41.5 Million

Just more than two decades after Italian designer Gianni Versace turned a three-story home into a Miami Beach icon, the oceanfront property has a new owner. According to a recent report from The Associated Press, VM South Beach LLC, a

Miami Home Prices Increase 13.7% in July Case-Shiller

Miami home prices in the latest Case-Shiller showed some signs of slowdown, though they were still quite positive. Home prices in Miami continued their strong 2013 performance in the July Case-Shiller, posting both monthly and yearly increases. According to

South Florida’s Top 5 Homebuilders

Homebuilding has come back to South Florida in a major way; which homebuilders are leading the charge? After an extended dry spell, homebuilding has returned to the South Florida housing market in a major way, with single-family home construction

Is it Cheaper to Rent or Buy in Miami?

Home prices have risen and mortgage rates have shot up by more than a percentage point – is it still cheaper to buy than rent in the Magic City? The housing market of 2009, 2010 and 2011 was a

MAR: Miami-Dade Home Prices Up 20.5% in August

The Miami-Dade housing market continued its stellar performance in August, though the single-family market seems to be cooling off a bit. The median sales price of single-family homes in Miami-Dade increased sharply in August, rising 20.5 percent from $195,000

Housing Inventory Rises in August – What of Here in Miami?

Housing inventory seems to have finally turned the corner nationally, but what of here in Miami? The nation’s inventory of housing has been a major topic of conversation among analysts and real estate professionals alike this year, but if

Odebrecht Award Presented to Innovative University Students

The Odebrecht Award for Sustainable Development unveiled the winners of this year’s program on Sept. 10 at an awards ceremony. The competition, which includes cash prizes totaling $65,000, invites university students nationwide to search for innovative technologies and methods

Foreclosure Activity in Miami Down 18% in August

Foreclosure activity in the Magic City remains high, but it’s fallen by a decent amount from 2012. Foreclosure activity in the Miami area was down a promising 18 percent year-over-year in August according to the U.S. Foreclosure Market Report from RealtyTrac,

36.5% of Miami Mortgaged Properties Still in Negative Equity

Though Miami’s housing market has made notable strides in the last couple of years, the problem of negative equity lingers on. Though the Miami housing market has made quite a bit of progress in the last year,  more than a third

Miami No. 3 Market in the U.S. for Foreign Consumers

Miami remains a top destination for a wide variety of international homebuyers, according to new stats from MAR. Another month, another rousing period of international interest in Miami’s housing market. According to the latest analysis by the Miami Association

HomeFinder: Key Biscayne No. 8 Luxury Suburb in the U.S.

According to a new study by HomeFinder.com, Key Biscayne is among the top suburban luxury housing markets in the nation. There’s one point for the Keys! In its latest housing analysis, HomeFinder.com looked at suburban luxury housing markets, and

NAHB’s Improving Markets Index Soars to 291 in September

The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the

How Many Negative Equity Properties Remain in Miami?

The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Miami? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.

New Ugo Colombo Condominium Part of Miami Construction Explosion

Though the Miami market seems awash in new construction, Ugo Colombo has announced yet another condominium project. There may be 160 new condominium towers already planned for South Florida, but that’s done little to stop Ugo Columbo, the veteran

Homeownership Rate Decreases From Five Years Ago

The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has

EWM/Christie’s Names Ines Garcia Sales Manager of Weston Office

EWM Realty International today announced that seasoned real estate professional Ines Garcia will join the firm’s management team as sales manager of its Weston Town Center office, located at 2000 Main Street in Weston Town Center. In her new

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