According to the latest S&P/Case-Shiller report released today, home prices in Miami dropped 1.2 percent in the third quarter of 2010 compared to last quarter. Nationally, the U.S. Home Price Index dropped two percent this quarter. After rising 4.7

Lennar Corporation (NYSE: LEN and LEN.B), one of the nation’s largest homebuilders, yesterday announced that its Rialto Capital subsidiary has completed the first closing of a real estate investment fund with initial equity commitments of approximately $300 million (including

According to a recent report from CoreLogic, a leading provider of consumer, financial and property information, Miami currently tops the nation in supply of distressed homes. The supply of distressed homes is calculated by the amount of ‘shadow inventory’

Rockwood Capital, LLC, the private real estate investment firm, along with partners Duncan Hillsley Capital and Fortune Capital Management Services, announced last Friday the acquisition of Everglades on the Bay, an 849-unit mixed-use condominium community located in downtown Miami.

Ellen Bithell, Owner of RE/MAX Executive Realty has been named a 2011 Director of Florida Realtors, the largest real estate trade association in the state of Florida with more than 115,000 members. “Serving as the Florida Realtors Director will

In the Miami Metropolitan Statistical Area (MSA), the median sales price of single-family homes in October increased 12 percent to $199,100 from a year earlier, according to the MIAMI Association of Realtors and the Southeast Florida Multiple Listing Service

Goodkin Consulting recently announced it has been awarded four major contracts for market research studies in central and south Florida. “These projects span a broad range of commercial, residential and mixed-use properties,” says Lewis M. Goodkin, CRE, FRICS, MIRM,

The U.S. Department of Housing and Urban Development today unveiled a new website that consolidates a wide variety of economic and housing market data at the regional, state, metropolitan area and county levels. Using data from the Census Bureau,

J.I. Kislak Mortgage LLC (Kislak Mortgage) announced Monday the appointment of Edward Scott, age 53, to senior vice president and southeast divisional manager. Mr. Scott will be based in Melbourne, Fla. and report directly to managing director, Thomas Wind.

In the Miami Metropolitan Statistical Area (MSA), sales of homes – including existing single-family homes and condominiums – increased 21 percent in the third quarter of 2010 compared to the third quarter of 2009 and 73 percent compared to

Coldwell Banker Residential Real Estate is pleased to announce that Terri Bersach, managing broker at the Weston Town Center office, was honored with the Realtor of the Year Award by the Realtor Association of Greater Miami and the Beaches

The South Florida real estate market continues to strengthen due to the impact of international buyers and the existence of favorable market

Ocean’s Edge, the beachside community of condominium homes in south Jacksonville Beach, is making it possible for qualified first-time homebuyers and their parents to obtain low down payment, fixed rate mortgages at competitive rates through special Federal Housing Administration

Sales of existing condominiums in Florida rose 10 percent in September, with a total of 5,675 condos sold statewide compared to 5,140 units sold in September 2009, according to the latest housing data released by Florida Realtors®. Ten of Florida’s metropolitan statistical areas

AREA Property Partners has closed on the acquisition of Terrazas River Park Village, a 324-unit Class A property along the Miami River. The property is located at 1861 N.W. South River Drive. The value of the off-market transaction was

After originally experiencing scheduled closings to be halted for a few days, Brosda & Bentley Realtors of Miami in conjunction with its title company and attorneys reexamined all files scheduled for closing and found no flaws in the underlying