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Miami Outpaces Nation in Latest FNC Residential Price Index

May was a great month for home prices in Miami, with the Magic City outpacing the nation. May was a good month nationally and locally for home prices, as the latest FNC Residential Price Index showed the housing recovery

Engel & Völkers Miami Welcomes Patricia Cassany

Engel & Völkers is thrilled to announce the addition of Patricia Cassany as a new real estate advisor to its Miami Beach office. Cassany has more than 10 years of experience in the real estate industry and has worked

The Crimson at Edgewater – The “New Neighborhood” in Miami

Stephan Gietl and Fernando Levy Hara, two friends from very different parts of the world who now live mostly in Miami, first met at Harvard graduate school, where they decided to make a joint venture buying distressed assets. They

Engel & Vӧlkers Miami Hires Esther Prat as Realtor Advisor

Esther Prat is now a real estate advisor for Engel & Völkers Miami, a company that specializes in the sale and leasing of premium residential real estate in the Miami metropolitan area. Based in the Key Biscayne shop, Esther

RealtyTrac: Foreclosures at Lowest Level Since 2005

Foreclosure starts were down by a hefty amount in June, according to the Midyear 2013 U.S. Foreclosure Market Report from RealtyTrac. Foreclosures in the U.S. were down to their lowest level since 2005 in June, falling 21 percent from

Apartment Vacancy Rate Remains Unchanged, But Promise Lies Ahead

Reis analysis on apartment vacancy and rental rates show small potential in the second quarter In April, we read the first quarter 2013 analysis from Reis and learned the apartment vacancy rate was at the lowest point in a

How Rising Mortgage Rates are Affecting Prospective Homebuyers

Mortgage rates are at their highest levels in years, but how are they impacting the decisions of potential homebuyers? A new Trulia survey explains. Well, it was fun while it lasted! After falling for a sustained, seemingly endless length

CoreLogic: Foreclosure Inventory Down 29 Percent in May

CoreLogic’s National Foreclosure Report for May offered another dose of positivity for housing, with foreclosure inventory down by nearly a third. The U.S. foreclosure markets continued to improve in May, according to the latest National Foreclosure Report from CoreLogic.

70 Percent of U.S. Metros Featured on NAHB’s Improving Markets Index

More than 70 percent of metro areas in the U.S. are now a proud part of the NAHB’s Improving Markets Index, according to the association’s latest tally. A total of 255 metropolitan areas were featured in the July Improving

ISG World Appoints Gabriella Gonda As Senior Sales Executive for Sage Beach

International Sales Group (ISG) announced today the appointment of Gabriella Gonda to the position of Senior Sales Executive for Sage Beach, the highly anticipated beachfront luxury condominium development in Hollywood Beach. Gonda brings more than 17 years of extensive

The Rock Leaves Miami

Dwayne “The Rock” Johnson has sold his Miami-area mansion for $3 million as of last month, according to Radar Online. The wrestler-turned actor purchased the chataeu last year. It featured six bedrooms, six baths, fountains, picturesque landscaping, a fully

High Demand from Condo Buyers in Downtown Miami

Buyers are driving up property values, sales prices and occupancy in Miami’s real estate market International and growing domestic demand from condo buyers has increased in Downtown Miami’s residential real estate market. The market has experienced a strong rise

What are the Busiest Housing Markets in the U.S.?

Redfin’s Real-Time Fastest Markets Report offers an interesting glimpse at what housing markets are seeing the most activity. Is Miami among them? Housing demand lessened somewhat nationwide in May, according to the latest Real-Time Fastest Markets Report from Redfin,

Trulia: Miami Asking Prices Shoot Up 15.6 Percent in June

Asking prices in Miami were on a tear in June, according to the latest Trulia Price Monitor, posting double-digit increases. Asking prices in Miami soared in the June Trulia Price Monitor, increasing 15.6 percent year-over-year and 3.3 percent quarter-over-quarter.

Crimson Condominums Will Be the Third Installment to Edgewater

The Crimson – Residences on Biscayne Bay will be the third installment to the newly formed Edgewater neighborhood, according to Stephen Gietl and Fernando Levy Hara, principals of Mckafka Development Group. The Edgewater region of downtown Miami has recently

Esslinger Wooten Maxwell Realty Welcomes Seven New Associates

One of the nation’s largest residential real estate firms in America, Esslinger Wooten Maxwell Realty (EWM), announced seven new associates to their Key Biscayne Branch.   Marilyn Borroto’s previous employment was as the manager of her family business, Borroto

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