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Florida Hit Hard by Mortgage Fraud Report

Interthinx, an analytics company, released its comprehensive Second Quarter Mortgage Fraud Risk Report late last week, and among its chief findings were that Florida is a “high risk” state for fraud with five of the 10 riskiest ZIP codes

Residential Development Looking Up in Coral Gables

After experiencing the side effects of the recession, a recent string of luxury and office developments in Coral Gables  have many residents thinking that the affluent area is emerging from the downturn stronger than

Sunset Island Property Closed for $19.8 Million

The once highest priced listing on Sunset Island 1 was closed by ONE Sotheby’s International Realty for $19.8 million. This property, located at 1736 W 28th Street, is a historical property designed in

Shaky Economy Unevenly Impacts Housing

The recent gymnastics on the Wall Street stock indexes has impacted businesses in America by varying degrees, and for Florida real estate, the outcome has been neither good or bad, but uneven – especially depending on whom you

Florida Takes Steps To Curb Mortgage Fraud

During the housing boom of the mid-2000s, few states experienced the spectacular rise of Florida. Home values and housing starts skyrocketed, and many people – particularly in the mortgage broker industry – earned substantial incomes. When the market declined,

International Investors Continue to Fuel South Florida Housing Market

According to the Miami Association of Realtors, foreign investors are continuing to invest in properties in Miami-Dade and Broward County. This has increased home sales by 49 percent in the second

What’s the Real Story with Southern Florida’s Housing Data?

According to data released by Zillow.com, home sales in Palm Beach, Broward and Miami-Dade counties rose 1.1 percent in the second quarter and Florida Realtors reports of condominium sales improving 14 percent. While that may be the case, data

Two Upcoming Developments Planned Near Biscayne Bay

Developments have been approved for a three-tower complex at 1700 Biscayne Blvd. and for property to be constructed on the 14 acres of waterfront land that was formerly owned by the Miami

Bellini Project is Relaunched at Williams Island

Bellini at Williams Island is relaunching their pre-construction residential project in South Florida. This 24-story residential building, developed by Martin Z. Margulies, is the last residential site on Williams

South Florida Increases Signed Contracts

Homebuyers in South Florida have signed more contracts in May this year than they did in June, an indication that momentum of the spring buying season is carrying well into summer, according to the Miami

Miami Residential Sales Recovery Tops Nation’s List

After experiencing one of the worst housing market crises, Miami is is in the midst of making a strong comeback. Miami is seeing rapid residential sales fueled by international investors who are buying local real estate with

Miami Market Shows Active Signs of Life, First Time in Years

According to the new Douglas Elliman Report, increased sales activity and slowly rising prices have had a positive impact on Miami’s residential real estate market during the second quarter of 2011. The comprehensive report analyzes regional data on condos

Miami’s Second Home Sales Struggle, While Palm Beach’s Soar

In a recent analysis of the “upscale vacation-home market,” Wall Street Journal said that now is the ideal time to buy. “Five years after housing’s peak, markets that once were out of sight even for well-heeled buyers are now

Nationwide Home Sales Fall 0.8 Percent in June- Miami Tracks a 12.91 Percent Yearly Increase in Median Listing Prices

Today, NAR reported that home sales dropped 0.8 percent, to 4.77 million, this June–8.8 percent below June 2010’s sale of 5.23 million

Miami Ranks Eighth Among Most Walkable Cities

Miami earned a walkability score of 72.5 out of 100, making the city the eighth most walkable city (out of the nation’s 50 largest cities), according to Walk Score. Of all Miami neighborhoods, 99 percent have a walk score

The Finer Details of Recycling: Offenses May Soon Carry Heavy Fines

A pending Miami Beach ordinance may require community associations to pay fines for their “neighbor’s inability to put a plastic water bottle in the correct trash bin,” according to the Sun Sentinel. The ordinance would also fine those who

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