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Miami Home Prices Remain Stable Around Recent Lows According to the S&P/Case-Shiller Home Price Indices

Data through July 2010, released today by Standard & Poor’s for its S&P/Case-Shiller(1) Home Price Indices, the leading measure of U.S. home prices, show that the annual growth rates in 16 of the 20 MSAs and the 10- and

Miami Existing Condominium Sales Spike 50 Percent in August

The Miami real estate market continues to strengthen as a result of increased sales and stabilizing home prices. In the Miami Metropolitan Statistical Area (MSA), there was a 59 percent increase in condominium sales in August compared to August

ONE Sotheby’s Closes on Extravagant Penthouse at The Residences at W South Beach

ONE Sotheby’s International Realty is pleased to announce the sale of Penthouse One at The Residences at W South

Esslinger•Wooten•Maxwell Adds 12 New Associates to Weston Office

Esslinger•Wooten•Maxwell (EWM) Realtors (www.ewm.com), one of the nation’s largest residential real estate firms, announced today that twelve new sales associates have joined its Weston branch office: Antonio Altamura, Yeshika Anderson, Dorianna Morelys Bombonato, Mariana Borgna, Maria Celiberti, Karen Cosentino,

Jack H. Levine Elected 2010 Chairman of the MIAMI Association of REALTORS

The MIAMI Association of Realtors, the largest association in the nation has elected Jack H. Levine, ABR, ABRM, CRB, CRS, SRES, Levine Realty, Inc., as its 2010 Chairman of the Board. Mr. Levine and the entire Board of Directors

U.S. Green Building Council South Florida Chapter Announces GalaVerde Award Winners

The U.S. Green Building Council (USGBC) South Florida Chapter has announced winners of the nonprofit organization’s GalaVerde: The 2010 LEEDership and Green Awards Program. Presented by Bank of America, GalaVerde recognized and honored those outstanding projects, inspirational businesses, dedicated

Foreclosure Activity Increases 4 Percent in August

RealtyTrac recently released its U.S. Foreclosure Market Report for August 2010, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 338,836 properties in August, a 4 percent increase from the previous month

ONE Sotheby’s International Realty Acquires Coral Gables Real Estate Firm RE/MAX Elite Properties

ONE Sotheby’s International Realty, a premier and global real estate firm specializing in luxury properties throughout South Florida, yesterday announced its acquisition of Coral Gables’ RE/MAX Elite Properties. The formerly independently owned and operated franchise of RE/MAX International, LLC,

ONE Sotheby’s International Realty’s Mayi de la Vega on South Florida’s Brazilian Influx

By Tom Butala According to the National Association of Realtors, international buyers accounted for approximately 32 percent of new and existing home sales last year in

FHA Short Refinance Option Now Available

In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development today will begin providing an additional refinancing option for underwater borrowers. Originally

Miami-Dade Pending Home Sales Continue to Rise

Total pending home sales – including single-family homes and condominiums – in Miami-Dade County increased 33.7 percent in August 2010 compared to August 2009, from 7,570 to 10,119, and increased .06 percent, from 10,113 to 10,119, compared to the

RE/MAX Continues Growth in South Florida

RE/MAX continues to grow in Broward county and southeast Florida with the addition of six RE/MAX offices, bringing the total RE/MAX office count to 40 with nearly 800 professional RE/MAX associates helping homebuyers and sellers every day. Fort Lauderdale

Miami High-End Condos Experience a Miniboom, According to Brosda & Bentley

As the summer of 2010 comes to a close, market research provided by Brosda & Bentley REALTORS reports a noteable year thus far in the South Florida real estate market. The average sales price of a downtown Miami condo

Majestic Properties Launches Interactive Web Site

Majestic Properties, South Florida’s premier full-service real estate organization, today announces the launch of their new interactive web site, www.MajesticProperties.com. The new site, designed and powered by marketing group CiaoBella, is optimized for iPads, iPhones, BlackBerrys and other PDA’s;

S&P/Case Shiller Indices Point to Modest Improvement for Second Quarter of 2010

Data through June 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, show that the U.S. National Home Price Index rose 4.4 percent in the second quarter of 2010, after having fallen 2.8 percent in

Florida Real Estate Professionals Receive $16M Allocation From BP Oil Spill Fund

Florida REALTORS and four other state REALTOR organizations successfully negotiated with Kenneth Feinberg, administrator of the new Gulf Coast Claims Facility handling the British Petroleum (BP) Oil Spill Fund, for a special allocation for real estate professionals’ claims for

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