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3 Great Things Happening in Florida Real Estate Right Now

The Florida Association of Realtors (FAR) yesterday released sales data on the Sunshine State’s real estate market in April, and the results were expectedly optimistic. The housing markets in Florida, and especially the local Miami area, have utterly transformed

New Home Sales Increase 9.9 Percent, Jeff Morr on Incendiary Miami Market founder/CEO of Majestic Properties in Biscayne Corridor

The housing recovery continued rolling along this morning, with the Commerce Department reporting that new home sales rose 9.9 percent in April from last year. Sales rose 3.3 percent from March to April, and year-over-year median price of new properties

¡Cáspita! Florida Realtors, Summer Greene Appeal to Spain

Florida Realtors President Summer Greene, along with state Governor Rick Scott, is in Spain this week, wooing influential Spaniards and convincing them to develop in the Sunshine

Five Reasons the Government’s Housing Starts Data is Flawed

Housing starts are among the most influential collections of data in the world of real estate, but a Washington Post blog has laid bare some troubling flaws with the data’s collection. Here are the five most notable inconsistencies with

Hazel Goldman with RE/MAX in Pinecrest on ‘Dramatic’ Miami Market

Existing-home sales in the South increased 3.5 percent from March to April, according to the latest data from NAR, with a yearly increase of 6.5 percent. Nationally, sales were similarly strong, rising 3.4 percent from March and 10.0 percent from

Florida Realtors President Summer Greene Talks 2012 Market “UPSWING!” at Master Brokers Forum

The Broward Chapter of the Master Brokers Forum, MBF, an organization comprised of South Florida’s top residential real estate agents, recently presented a market report for its members at WCI Communities’ Heron Bay, in Parkland.  More than 65 Master

GL Homes’ Bridges Continues to Flourish

Luxury home developer GL Homes continues to see success as their Delray Beach development, The Beaches, and recently wrote 18 more sales contracts according to a Sun Sentinel article. The article reports that average sales price was at $800,000,

Are Agents Recovering? Top 6 Trends That Say ‘Yes’

RE/MAX  surveyed 1,022 of its residential experts in its quarterly RE/MAX Market Insights, and it found numerous signs of a market recovery in real estate, from pricing data to sales activity. Here’s what we thought were six important takeaways from

Are Nonjudicial Foreclosure States Leading the Recovery?

Judicial and nonjudicial states have radically different approaches to foreclosure proceedings, and they may produce different recoveries in the appropriate states. Currently, few analysts argue that a housing recovery is not happening; debate still persists, though, on the particulars

Shifting Demand Defines 2012 Housing Recovery

As the housing market progressively recovers in 2012, more and more analysts are noting the shift in consumer demand from single-family to multifamily units. The latest (and most detailed) example is “The Shifting Nature of U.S. Housing Demand,” a

Survey of Emerging Market Conditions Nothing But Positive

The Survey of Emerging Market Conditions for 2012’s first quarter was nothing but positive, showing many good signs for Florida’s real estate market. Conducted by the Bergstrom Center for Real Estate Studies in the Warrington College of Business Administration

Midtown Miami Lands $1.4 Million Transaction

Luxury condo development Midtown Miami’s sales continue to tower to new heights as the community sees its biggest transaction to date. The development explained in a press release that they closed on a $1.4 million transaction for one of its

Mortgage Interest Rates Reach Historic Lows

Freddie Mac yesterday released the latest results of its Primary Mortgage Market Survey, and it found what by now has become common – that average fixed mortgage rates hit record lows last week. The 30-year FRM averaged just 3.79

Fannie Mae Research Points to Improved Housing Market

Fannie Mae bolstered its predictions for the U.S. housing market in its report from the latest Economic & Strategic Research Group. Housing, the report stated, showed considerable promise in the first quarter of 2012, growing at a rate that “substantially”

Neighborhood LIFT Program is Set to Rejuvenate Florida Housing Market

The Neighborhood LIFT program, a major effort to help stabilize neighborhoods profoundly affected by the foreclosure crisis, is coming to Florida, according to an announcement by Wells Fargo & Company. With a free, large-scale homebuyer workshop at the Miami

Foreclosure Activity Lowest in Five Years

Foreclosure filings, which encompass default notices, scheduled auctions and bank repossessions, were the lowest in April in five years, according to the latest data from RealtyTrac. The 188,780 filings for April were a 5 percent decline from March and a

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