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Historic Broward Home Saved from the Bulldozer

A 98-year-old home in Broward County was rescued from demolition this weekend after an activist group helped arrange its

Just 4,700 Left – Miami Condo Inventory Slowly Depleting

According to a new story on National Mortgage News by Lew Sichelman, South Florida has unloaded 90 percent of its 49,000 boom-era condominiums, leaving 4,700 unsold units for the market to work out – notwithstanding, of course, some outliers.

After Four-Year Drought, Construction Begins on a South Florida Condo Tower

The Related Group broke ground on Apogee Beach, the first South Florida high-rise to start construction in over four years. The condo tower is the first of 20 proposed South Florida condo developments to reach the construction

California-Based Real Estate Firm Opens Ft. Myers Office

Lee & Associates, one of the largest full-service commercial real estate firms in the U.S., has announced the opening of its first Florida office. The office will be located in Fort

Has Repeal of Smart Growth Led to Dumb Growth?

The tides seemed to have changed. After operating under a 30-year growth management plan known as “Smart Growth,” Florida, under the urging of its governor, greatly reduced the law’s reach, claiming that greater freedom would spur growth in local

New Condo Towers Planned Despite 4,700 Empty Units

Developers have proposed 20 new condo towers in the tricounty region of Miami-Dade, Broward and Palm Beach counties, despite the approximately 4,700 existing units that remain unsold from the last real estate boom, according to a recent article from

650 West Palm Beach Condos Remain Vacant

Unsold condos from the last South Florida real estate boom in the downtown West Palm Beach and Palm Beach Island markets would take more than five years to sell out at the current sales pace, according to a new

Pending Listings in Miami-Dade/Broward Rise by Double Digits

Pending listings in the Miami-Dade and especially Broward counties posted double-digit increases in October, further evidence of the phoenix-like resurrection that is apparent in the Miami real estate market. For Miami-Dade, pending listings were up 10 percent year-over-year, and

Art Miami Partners with Luxury Real Estate Brokerage

Sotheby’s International Realty is the “official luxury real estate partner” of Art Miami, the city’s longest running contemporary art fair, which runs from Nov. 29–Dec. 4 this

Genting’s Extravagance Draws Legislative Doubt

At the first debate over the resort casinos bill, Colin Au, head of Genting Americas, made some extravagant promises to Florida legislators. Au claims that the bill, which calls for three large resort casinos to be built in Miami-Dade

Case-Shiller Reports 0.7 Percent Decrease for Miami Home Prices

U.S. cities are reporting little change in prices in the latest Case-Shiller Home Price Indices, the monthly report by Standard & Poor’s (S&P) that is the leading measure of U.S. home prices. The newest report, which surveys home prices for the third

Homes Sales Showing Signs of Slow Down in South Florida

South Florida home and condo sales have been the talk of the town this year, surpassing the expectations of analysts and shattering the records of the housing boom; but 2011’s record sales have dwindled in the past couple of

Incoming NAR President Will Be Moe Veissi

Miami local Maurice “Moe” Veissi will be the new president of the National Association of Realtors (NAR) in

Domestic Buyers Like South Florida, Too!

Everywhere we seem to look, stories are popping up about international investment in the South Florida housing market, but a new study offers a reminder that US buyers are just as smitten with the area’s perks – even if

Trump Hollywood Condo Project Transactions Increase 75 Percent from Q2 to Q3

With 35 units sold for nearly $46 million, the bulk owners of the Trump Hollywood condo project in South Florida increased transactions by 75 percent between the second quarter, which ended in June of 2011, and the third quarter,

Congress Finds Middle Ground for Federal Loan Limits

After weeks of deliberation and endless hours of lobbying from the National Association of Realtors and other interest groups, Congress has finally agreed upon a resolution for raising the limits of federal conforming home loans, according to a new

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