Florida REALTORS and four other state REALTOR organizations successfully negotiated with Kenneth Feinberg, administrator of the new Gulf Coast Claims Facility handling the British Petroleum (BP) Oil Spill Fund, for a special allocation for real estate professionals’ claims for

By Tom Butala Over 100,000 South Florida homes have been repossessed since the crash of the housing market in 2007, according to a report released by CondoVulture.com. CondoVulture’s data considers all repossessed homes in the tri-county area of Miami-Dade,

Jon Secada Charities and the Mission of Saint Francis are raffling off a $3 million waterfront estate in Ft. Lauderdale, FL for $30. According to Secada, “The Mission of Saint Francis is a wonderful organization that has been helping

The Miami real estate market continues to strengthen as a result of increased sales and stabilizing home prices.  In the Miami MSA, there was a 43 percent increase in condominium sales in July compared to July 2009 and a

Continental Real Estate Companies (CREC), one of Florida’s largest commercial real estate services firms, has been selected by joint venture partners Flagler and AMB Property Corporation as the exclusive leasing and marketing agent for The Shops at Beacon Lakes,

Sunstone Hotel Investors, Inc. (SHI) announced yesterday that it was the successful bidder at a foreclosure auction and acquired the fee-simple interest in the Royal Palm Hotel, located on Collins Avenue in Miami Beach. “We seek unique opportunities to

Builder confidence in the market for newly built, single-family homes edged down for a third consecutive month in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI declined one

Esslinger-Wooten-Maxwell (EWM) Realtors, one of the nation’s largest residential real estate firms, announced today that five new sales associates have joined its Key Biscayne branch office: Carolina Apey , Rosemarie Baragania, Adolfo Malave, Pilar Mercader and Sara Negrin. Carolina

In the Miami Metropolitan Statistical Area (MSA), sales of homes – including existing single-family homes and condominiums – increased 27 percent in the second quarter of 2010 compared to the second quarter of 2009 and 53 percent compared to

The MIAMI REALTORS will host the Lending & Financing Summit: Making Deals Happen on Tuesday, August 17, at Miami’s Doubletree Miami Mart hotel, from 9:00 AM until 12 noon. Keynote speaker Juan del Busto, Regional Executive of the Miami

First Market Properties (FMP) negotiated a deal to acquire notes worth $15.6 million from one of the nation’s largest banks, within a span of just two weeks. The dollar amount involved in the transaction is significant for South Florida

In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development has provided details on the adjustment to its refinance program which was

Rofo has launched a new the new Real Estate Pro, an application for LinkedIn that is a plug-and-play social media tool for real estate professionals and landlords, creating a localized social media marketplace for brokers, and for businesses seeking

Florida homebuyers and investors spent $10.1 million on foreclosed properties Saturday at the World Center Marriott as 139 foreclosures were auctioned by Real Estate Disposition, LLC (REDC) before an overflow crowd of

The internationally acclaimed Stephanie Odegard Collection of Miami’s Design District has changed hands for the highest price in the more than three years. Power agent Susan Gale spent six months putting an unusually complex deal together to achieve a

By: SANDRA RODELA Even amid the economic crisis, and the even more unsettling environmental crisis in the Gulf due to the BP oil spill, Florida’s economy has shown signs of promising-albeit slow- growth. A study by the University of