News / Features

S&P/Case-Shiller Home Price Indices Show Decline in National Home Prices

Data through November 2010, released yesterday by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, show a deceleration in the annual growth rates in 17 of the 20 MSAs and the 10- and 20-City Composites compared to what

Worldwide Development Services Announces $5.2 Million Bulk Purchases of Brickell-Area Condos

Worldwide Development Services, a Miami Beach-based real estate brokerage specializing in international investor representation, has announced the successful closings of two bulk condominium deals on behalf of the same international investor. The cash purchases involved a total of 15

Miami Tops List of U.S. Cities to Buy vs. Rent

Trulia.com released yesterday its latest Rent vs. Buy Index which found that it is more affordable to buy than to rent a two-bedroom home in 72 percent of America’s 50 largest cities. Miami, Fla., tops the list, with Las

Barry S. Fishman Receives Honor at Bankruptcy Bar Association Event

Barry S. Fishman, managing partner of Shapiro and Fishman LLP, will be honored at the Bankruptcy Bar Association’s “Forty in the Field,” a recognition of more than 40 years in the legal community practicing bankruptcy

Married U.S. Households Account for Less Than Half in 2010

By Tom Butala According to the U.S. Census Bureau, the amount of married households in the United States now accounts for less than half of all

Florida’s Existing Home, Condo Sales Up in December

Sales of existing homes and condominiums in Florida rose in December, a positive trend also reported at the close of 2010 as statewide sales activity posted gains over the previous year, according to the latest housing data released by

Datran Center Receives GOLD USGBC Environmental Award

The Datran Center, located in Miami, Florida, officially received a Gold-level Leadership in Energy and Environmental Design for Existing Buildings (LEED EBOM) award from the United States Green Building Council

December Existing-Home Sales Jump

Nationwide existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of

Mansion from The Godfather for Sale

Fictional character Don Vito Corleone’s mansion has been put on the market for $2.9 million. The Tudor-style home is where Francis Ford Coppola’s 1972 iconic film The Godfather was

Builder Confidence Remains Unchanged In January

Despite an encouraging forecast from panelists at the NAHB’s International Builders’ Show last week, a recent survey by the organization reveals that builder confidence at the time remains relatively

FHFA Announces Plan to Find Alternatives for Mortgage Servicing Structures

By Jessica Bollman Fannie Mae and Freddie Mac have been directed to work together along with the Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) to develop an alternative plan for future mortgage

iStar Financial Inc. Announces Ownership of South Beach Real Estate Condo Project

iStar Financial Inc. (NYSE:SFI), announced yesterday that it will have full ownership of the luxury Miami Beach real estate condominium project “South of Fifth,” located at 125 Ocean Drive. iStar Financial has engaged Cervera Real Estate, Inc., a South

2010: The Year of Not-So-Empty Nesters

By Tom Butala A recent study from the National Association of Realtors shows that the amount of young adults living at home is at its highest level since the early

NAHB Chief Economist: “This Year’s Spring Selling Season Will be Better Than Last Year’s”

Housing will see gradual improvements in activity this year as the nation’s economy and job market continue to move to higher ground, establishing momentum that will produce more considerable gains in 2012, according to economists who appeared at the

ONE Sotheby’s International Realty to Host Tweet-Up at Key Biscayne Office

ONE Sotheby’s International Realty is hosting a Tweet-Up event on January 20 from 6 p.m. to 8 p.m. The Tweet-Up will launch the firm’s newly renovated Key Biscayne

Home Listings Average More Than Two Price Reductions in December

The number of price-reduced homes on the market this December remained at high levels compared to 2009, rising 23.4 percent according to a report surveying 26 US markets issued by national real estate brokerage,

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