News / Features

Housing Starts Rise 3.9 Percent in November

Nationwide housing starts rose 3.9 percent in November to a seasonally adjusted annual rate of 555,000 units from an upwardly revised number in the previous month, according to newly released data from the U.S. Commerce Department. This marked the

Broward Pending Condominium Sales Increase Again

Total cumulative pending home sales in Broward County increased five percent in November compared to a year earlier, from 7,264 to 7,638, and decreased .20 percent, from 7,653, compared to the previous month according to the MIAMI Association of

Clearwater Condo Offers Unusual Buyers’ Incentives

Looking to capitalize on a resurgent condo market, The Strand luxury condominium in downtown Clearwater is offering an unusual package of buyer incentives designed to distinguish the community from others for sale in the Tampa Bay

Despite Decrease in Activity, Florida Remains High in National Foreclosure Filings

RealtyTrac released yesterday its U.S. Foreclosure Market Report for November 2010, which shows foreclosure filings were reported on 262,339 U.S. properties in November, a 21 percent decrease from the previous month and a 14 percent decrease from November 2009.

Residential Market Shows Third Consecutive Quarter of Negative Equity Decline

CoreLogic has released negative equity data indicating a third consecutive quarterly decline in negative equity for residential

RE/MAX Executive Realty Gives Back to Local Families

RE/MAX Executive Realty Co-Owners, Ellen Bithell and Agnes Stalmach, recently contributed $2500 to Kids in Distress (KID), a local organization that seeks to improve the lives of abused, neglected and abandoned children and their families. The money Bithell and

Miami Beach Estate Listed for $32.5 Million With ONE Sotheby’s International Realty

A $32.5 million Miami Beach estate is now on the market as a listing with ONE Sotheby’s International Realty, the international real estate firm specializing in luxury properties throughout South Florida. The exquisite home, located at 17 Indian Creek,

Builder Confidence Remains Flat in December

Builder confidence in the market for newly built, single-family homes remained unchanged in December from the previous month at 16 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released

Price-Reduced Listings Continue to Soar Over Last Year

The number of price-reduced homes on the market this November increased dramatically compared to the same time last year, rising 24.1 percent according to ZipRealty’s Price Reduction Index, a monthly review of MLS-listed properties in 26 markets surveyed by

USGBC South Florida Chapter Finds New Home at FAU’s College of Engineering & Computer Science

The US Green Building Council’s South Florida Chapter has relocated its offices to Florida Atlantic University’s new College of Engineering & Computer Science

Clear Capital Reports Third Straight Month of U.S. Home Price Declines

Clear Capital (www.clearcapital.com) released its monthly Home Data Index (HDI) Market Report, providing a granular analysis of how local markets performed compared to the national downward trend in home prices through November

Lebron James Buys $9 Million Coconut Grove Mansion

By Tom Butala After a heated search for a new home this year, NBA star Lebron James has finally selected his new South Florida

Trump for President in 2012?

Real estate developer and host of his own reality TV show Donald Trump has hinted that he might consider running for president in

U.S. Homes Set to Lose $1.7 Trillion in Value During 2010

U.S. homes are expected to lose more than $1.7 trillion in value during 2010, which is 63 percent more than the $1 trillion lost in 2009, according to analysis of recent Zillow Real Estate Market Reports. That brings the

New Survey Reveals 58 Percent of Americans Expect Housing Market to Recover After 2012

Trulia.com, a top site for homebuyers, sellers and renters, and RealtyTrac, the leading online marketplace for foreclosure properties, Tuesday released the latest results of an ongoing survey tracking homebuyers’ attitudes toward foreclosed homes. Results of the survey conducted online

HUD to Investigate Allegations That 22 Banks and Mortgage Lenders Discriminate Against Black and Latino Loan Seekers

The U.S. Department of Housing and Urban Development announced yesterday that it is launching multiple investigations into the practices of certain mortgage lenders to determine if their home loan policies illegally deny qualified Black and Latino borrowers access to

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