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

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

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

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

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

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

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

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

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

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,

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

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

National Real Estate developer, Sobel Company, has rejoined the Florida real estate market in its recent committal to a 34-unit townhome project in Pompano Beach. Construction of the new residences, called the Barefoot Beach Villas, is intended to begin

Year-over-year sales in Miami for both existing single-family homes and condominiums were sweet at oranges in September, rising 46 percent and 58 percent, respectively, according to new data from the Miami Association of Realtors (MAR). Statewide sales also posted

Miami-based Cervera Real Estate honored select associates last week at its quarterly top producer awards celebration dinner, which recognizes agents with outstanding sales performance from various South Florida

Paramount Bay, the swanky 47-story bay front tower, recently announced its new residential sales. To sell the tower’s 340 units, with prices beginning at $400,000, Paramount Bay has assembled an expert team of luxury real estate professionals to handle