Local News
Real estate news in Atlanta
A new report from luxury real estate office Douglas Elliman showed numerous gains in year-over-year data, including findings on pricing, sales and even encouraging signs for distressed properties, long an albatross for the Miami market. Total sales increased 4.6 percent
“Problem homes” – abandoned properties that have become havens for vagrants and drugs – are being torn down in South Miami in an effort to improve safety and curb illegal behavior. Part of the city’s Project Broken Window, the
Bank of America is offering distressed Florida homeowners a $20,000 incentive to short sale their homes – starting immediately. BofA hopes that by doing so, the number of foreclosure in the area, as well as the length of the
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As part of a wide-ranging effort to stimulate economic growth and job creation, Florida’s state legislature has repealed its 30-year growth management law, known as “Smart Growth.” Smart Growth had stipulated that local jurisdictions were to draft plans for
The Department of Housing and Urban Development announced yesterday $28 million in grants – $125,000 of that due to a Miami organization – to fight and investigate housing discrimination and promote equal housing opportunities. Funded through the Fair Housing
The Miami-based luxury condominium and real estate sales and marketing company, Cervera Real Estate, recently launched a new Facebook application that allows users to search, view and share local home listings. The application was developed by SocialKandy, a Miami-based
High-end buyers and first-timers propelled the Miami housing market in August, boosting sales by 9.3 percent from July and 25 percent from August 2010, according to new research by DataQuick. Homes on either side of the pricing spectrum were
August was a sparkling month for Miami real estate, as Miami Association of Realtor (MAR) data for pending home sales and total listings both posted extremely positive year-over-year results. Pending home sales for Miami, counting both condominiums and single-family
Florida Realtors hired John Tuccillo, Ph.D., as chief economist and head of its new Industry Data and Analysis department. Tuccillo has worked as chief economist for the National Association of Realtors and the National Council of Savings Institutions, and
National Solar Power (NSP), a market leader in utility scale solar power solutions, announced plans to construct the Southeast’s largest solar panel project, to be built in Gadsden County,
Several influential political figures in Florida, including the state’s governor, house speaker and senate president, are lobbying to change the state’s foreclosure laws, a process they deem too slow and meticulous for the backlog of foreclosures on the market.
Bayside Rocks, an annual music and arts festival devoted to raising social awareness, is teaming up with CityGreenLife.com (CGL) this year to make the event “greener” than
Malaysian developer Genting Group unveiled its master plan Wednesday for Resorts World Miami, a massive, city-within-a-city development with a projected cost of $3.1 billion. The largest North American real estate project since the $8.1 billion CityCenter project was announced
Florida municipalities posted huge year-over-year price gains in August, a strong sign that after a couple tough years, the state’s market is rebounding in a major way. As part of a study by Realtor.com, 146 municipalities in the U.S.
Homeowners affected by the Chinese drywall class-action suit against Banner Supply Co. are now able to opt out of the suit and file separate lawsuits if they choose to do so. Between 2004 and 2008 many U.S. contractors and
