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Miami Mayor Recalled Due to Property Taxes

Miami-Dade Mayor, Carlos Alvarez, was recalled from his position this week before his second term was up. Eighty eight percent of voters backed the recall making it one of the biggest recalls of an elected

Florida Housing Laws Pending Reform

According to The Miami Herald, a number of Florida housing bills are up for modification in this year’s legislative

Home Sales Rise and Investors are to Thank

Home sales are beginning to rise following one of the worst years the real estate market has seen in a long time. However, the rise in sales cannot be attributed to new or first-time homebuyers; instead, investors are responsible

Florida Realtors Announces a New President

Patricia Fitzgerald, manager/broker-associate with Illustrated Properties in Hobe Sound and Mariner Sands Country Club in Stuart, has been installed as 2011 president of Florida

The St. Joe Company Announces New Chief Operating Officer

The St. Joe Company (NYSE: JOE) announced yesterday the appointment of veteran real estate executive Park Brady, as its chief operating officer, effective March 21, 2011. Mr. Brady will report to the executive committee of the board of directors,

Broward County Pending Home Sales Continue to Rise

Total cumulative pending home sales – including single-family homes and condominiums – in Broward County increased 7.7 percent in February compared to a year earlier, from 7,791 to 8,391, and 2.6 percent, and 8 percent month-over-month according to the

Miami Condo Sales Jump

Sales of existing condominiums in the Miami Metropolitan Statistical Area (MSA) increased 134 percent, from 540 to 1,262, compared to January 2010 and 233 percent compared to January 2009, according to the 25,000-member MIAMI Association of Realtors and the

Fort Lauderdale Tops January Median List Prices on Realtor.com

For the first time, real estate search site Realtor.com has released released traffic data for the month of

Broward Home Sales Rise in January

In Broward County, condominium sales increased 17 percent from 1,192 last month compared to 1,233 January 2010 and 132 percent compared to January 2009, according to the 25,000-member MIAMI Association of Realtors and the Southeast Florida Multiple Listing Service

Miami Condos Are Looking for a Comeback

There may be a boost in downtown Miami’s housing. A year-end 2010 report prepared by Goodkin Consulting/Focus Real Estate Advisors showed that 85 percent of the 22,439 condominium units built during the boom are occupied, up from 74 percent

Scottie Pippen and his “Real Housewives” Wife List Their Florida Home

Former Chicago Bulls superstar and basketball great Scottie Pippen and his wife, Larsa, have listed their Ft. Lauderdale, Fla., home for $16M, according to

Canyon Funds $130 Million Senior Construction Loan to Complete 600 Brickell Office Building

Canyon Capital Realty Advisors LLC (Canyon) has funded a $130 million senior construction loan to Brickell Holdings, LLC to complete the development of 600 Brickell, a 40-story, Class A+ office tower with approximately 600,000 square feet of leasable space

Dan Marino Sells Weston Home for $7.2 Million

Former Miami Dolphin quarterback Dan Marino has sold his Weston home for $7.2

New Wave of Cash Buyers Boost Florida Real Estate Market

Are all-cash deals the way to go in today’s market? According to the National Association of Realtors, 28 percent of national sales last year were all-cash transactions. The rate was 14 percent in October 2008, when the trade group

Florida Leads U.S. in Home Price Reductions

Florida tops the list when it comes to the number of homes that have reduced their list prices. According to a January report from ZipRealty, the biggest percentage discounts from homes’ original list price was Orlando (12.5 percent), Jacksonville

Broward Home Prices Stabilize in 2010 4Q

In the Fort Lauderdale Metropolitan Statistical Area (MSA), sales of homes decreased 14.4 percent, from 5,085 to 4,354, in the fourth quarter of 2010 compared to a year earlier but were 30 percent higher compared to the fourth quarter

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