The Florida Association of Realtors (FAR) yesterday released sales data on the Sunshine State’s real estate market in April, and the results were expectedly optimistic. The housing markets in Florida, and especially the local Miami area, have utterly transformed

The housing recovery continued rolling along this morning, with the Commerce Department reporting that new home sales rose 9.9 percent in April from last year. Sales rose 3.3 percent from March to April, and year-over-year median price of new properties

Florida Realtors President Summer Greene, along with state Governor Rick Scott, is in Spain this week, wooing influential Spaniards and convincing them to develop in the Sunshine

The Broward Chapter of the Master Brokers Forum, MBF, an organization comprised of South Florida’s top residential real estate agents, recently presented a market report for its members at WCI Communities’ Heron Bay, in Parkland.  More than 65 Master

Luxury home developer GL Homes continues to see success as their Delray Beach development, The Beaches, and recently wrote 18 more sales contracts according to a Sun Sentinel article. The article reports that average sales price was at $800,000,

Judicial and nonjudicial states have radically different approaches to foreclosure proceedings, and they may produce different recoveries in the appropriate states. Currently, few analysts argue that a housing recovery is not happening; debate still persists, though, on the particulars

The Survey of Emerging Market Conditions for 2012’s first quarter was nothing but positive, showing many good signs for Florida’s real estate market. Conducted by the Bergstrom Center for Real Estate Studies in the Warrington College of Business Administration

Luxury condo development Midtown Miami’s sales continue to tower to new heights as the community sees its biggest transaction to date. The development explained in a press release that they closed on a $1.4 million transaction for one of its

Freddie Mac yesterday released the latest results of its Primary Mortgage Market Survey, and it found what by now has become common – that average fixed mortgage rates hit record lows last week. The 30-year FRM averaged just 3.79

The Neighborhood LIFT program, a major effort to help stabilize neighborhoods profoundly affected by the foreclosure crisis, is coming to Florida, according to an announcement by Wells Fargo & Company. With a free, large-scale homebuyer workshop at the Miami

Foreclosure filings, which encompass default notices, scheduled auctions and bank repossessions, were the lowest in April in five years, according to the latest data from RealtyTrac. The 188,780 filings for April were a 5 percent decline from March and a

Miami based agency ONE Sotheby’s International Realty has welcomed real estate duo Iain Montford and Carlos Garcia. The duo will work out of ONE Sotheby’s South of Fifth location, and will specialize in the Miami Beach, downtown Miami and

A new study out by Standard & Poor’s is estimating it will take 46 months to clear out the nation’s supply of shadow inventory, one month less than predictions from 2011. Liquidation rates for the residential mortgage markets appeared

By Stephanie Sims The past few months are evidently indicating it’s a good time to sell, or maybe these celebs just need to move. Drake, Rosie O’Donnell and Billy Joel are the latest celebrities to list their Miami homes

The Master Brokers Forum South Palm Beach chapter recently held a high level presentation called the Powerful Edge for their members at AZURA by Toll Brothers in Boca Raton. Established in 1993, the Master Brokers Forum (MBF) is a

Michael Ambrosio has been named the new president of the International Sales Group (ISG), a global real estate firm specializing in luxury residential properties in Florida and Panama. Some of Ambrosios responsibilities as president will include, managing day-to-day operations and