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Presales for Apogee Beach Push Developers to Rethink Construction Dates

The Related Group’s newest development, condo tower Apogee Beach, was originally planned to break ground in January 2012. Yet, with the positive initial responses from buyers, the developers have decided to move up the construction dates–and the asking

The DS Team Moves to ONE Sotheby’s International Realty

Brokers Dina Goldentayer and Sladja Stantic, principal founders of the DS Team, have joined ONE Sotheby’s International

Porsche Design Proposes Condo Tower for South Florida

As a public notice recently published in The Miami Herald announced, part of the discussion at the November 17 public hearing to be held by Sunny Isles Beach City Commission will center around a proposal for a new condo

Props for Miami on the National Stage

The Miami housing market scored praise from influential analysts and commentators at the International Real Estate Congress in Miami, an event hosted by the Miami Association of Realtors (MAR) and National Association of Realtors (NAR) that is attended by hundreds of the

Miami Home Sales Up an Astounding 51 Percent

Third quarter home sales in the Miami metro area skyrocketed by 51 percent from a year ago, according to recent data from the Miami Association of Realtors (MAR). Total home sales for the area, which include existing single-family homes

Reversion the Key for South Florida Condo Units

During the boom years, condos were hot in South Florida, so hot that zealous developers began converting modest apartment buildings into sellable condominiums to get in on the action. But now, with demand stagnant, distressed condos have become a

Related ISG Data Shows that Condo Sales are Increasing

Statistics from Related ISG show that the condominium inventory count in South Florida has been decreasing at a much faster rate this year compared to previous years. The evidence has led analysts to conclude that Americans are once again

Despite Vacant Condos, Three New Condos Planned for Sunny Isles

Southern Florida, and the many cities that decorate its sunny coast, experienced a landmark building boom at the start of the 21st century, and the Sunny Isle Beach was no exception, with hundreds of new condominium units springing up

September Home Sales in Miami Reach Five-year High

Homes sales in Miami reached a five-year high for the month of September, increasing 15.1 percent from last year to 8,546 transactions, according to DataQuick statistics cited in a HousingWire article. The sales data is the highest level for

Pending Home Sales Uneven in Miami Counties

At the same time that pending home sales are rising in Miami-Dade county, Broward is seeing a decrease in the same area. Fortunately, according to HousingWire, Miami-Dade has more in common with national trends – nationally, the Pending Home

Gambling the Controversial Ingredient in Genting Proposal

Back in September, international developer Genting Group unveiled the extraordinary, $3.8 billion Resorts World Miami, a property that the company plans to build on land currently occupied by the Miami Herald. The resort would include more than 1,000 luxury

Miami RPI Up for August and Contrary to National Average

The latest Residential Price Index from FNC Inc., released October 20th, indicates that U.S. residential home prices declined in August by a seasonally adjusted rate of 0.8 percent, despite high level of sales during the

Updates on Banner Lawsuit has Attorneys on Opposing Ends of the Court

The supplier of Knauf Chinese drywall, Banner Supply Co., is facing a class action lawsuit as thousands of Florida homeowners are forced to evacuate their homes, or become severely ill due to the corroded copper, wiring and pipes the

Investors Make a Pretty Penny through Foreclosed Home Rentals

South Florida homeowners distressed by the foreclosure-ridden housing market are more often than not renting, rather than buying, their homes. Surprising as it may sound, this scenario has actually helped the resale market. According to a recent Miami Herald article,

Plans of Termination Eliminate Owner Rights in South Florida Condominiums

South Florida condo owners are increasingly experiencing grizzly scenarios dubbed “plans of termination,” where many individual property rights are being stripped away and units converted into rental complexes. This comes as a highly challenging situation to condo owners. Investment

First of Federally-Funded Lake Worth Homes to be Finished This Month

Thanks to a federal grant worth $23.2 million, new homes are being refurbished by Habitat for Humanity chapters and new homeowners to make up for those lost in the foreclosure crisis. The first refurbished home will be dedicated on

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