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Obama Administration Makes Housing More Affordable for Seniors and the Disabled

Thanks to $749 million worth of grants from the Department of Housing and Urban Development (HUD), thousands of very-low-income seniors and disabled persons will have access to affordable and supportive

Condo Resales in Southeast Broward County Increase by 22 Percent

The dwindling supply of new units and the price cuts in the Hollywood/Hallandale Beach submarket within Southeast Broward County have led to a 22 percent increase for the first nine months of 2011 in condo resales for the

Porsche Design Proposes Condo Tower for South Florida

As a public notice recently published in The Miami Herald announced, part of the discussion at the November 17 public hearing to be held by Sunny Isles Beach City Commission will center around a proposal for a new condo

30-year FRM Returns to Sub-4 Percent Territory

After a brief sabbatical, the 30-year FRM is back in familiar territory, falling below 4 percent for the second time in as many months. Motivated by the Federal Reserve’s “Operation Twist,” which involves the Fed buying billions of dollars

Realogy’s Revenue Jumps 10 Percent From Previous Year

Global real estate provider Realogy saw a revenue of $1.2 billion for the third quarter of 2011 – a 10 percent increase from last year’s third quarter

Optimistic Developers Plan a New Wave of Condo Towers

Downtown Miami is making a comeback as the hot-spot for developers looking to erect new condominium towers. In the next couple of years, six new condo projects are scheduled to begin construction, and developers have been dropping hints about

Miami Forecast Looking Bright and Sunny

Sales data coming out of Miami and greater Florida lately has been good; in fact, it’s been better than good. In September, year-over-year sales in Miami for both existing single-family homes and condominiums rose 46 percent and 58 percent,

Master Brokers Learn Why “No” is the Answer at MBF Event

Why would “no” be the answer real estate agents are looking for from clients? More than 80 Broward and Palm Beach master brokers learned the answer to this question, and explored one of South Florida’s newest condominium projects, at

Renting: The New Province of the Splurge

For years, renting was seen as the more cost-effective alternative to owning, and generally, the viewpoint made sense. Renting lacks the property taxes, upkeep and other fees that often come with owning a home, and the skyrocketing prices of

Foreclosures On the Rise, But Fewest Foreclosure Filings in Southern Florida This Year

According to a recent CondoVultures.com report, lenders in the tricounty South Florida region are once again filing an increasing number of foreclosure actions–the first time since the “robo-signer” controversy was uncovered in September

Construction Builds a Bright Spot for Sept. Jobs Report

According to the most recent jobs report from the U.S. Department of Labor, the economy added 103,000 jobs in September, and though markets reacted to the data in a lukewarm fashion, a true bright spot in the department’s findings

Tell Us What YOU Think! Take Our Survey!

Tell us your opinion about the market and real estate business in Miami. What are your predictions regarding marketing tools, what technological tools and apps are you using, and how are you staying successful? Take our survey and tell

HUD Emphasizes Passing Grades in Scorecard

The U.S. Department of Housing and Urban Development (HUD) released the September edition of the White House’s “Housing Scorecard” yesterday, highlighting the positive trends in housing prices and refinancing options and other notable government initiatives. Raphael Bostic, a HUD

N-Play Creates Real Estate Agent Directory for Facebook

N-Play has just launched the first ever real estate agent directory application for Facebook. With this application, 500 million Facebook users are able to easily find and connect with real estate agents who have Facebook pages or

Nonprofits the Absent Component in REO Sales

According to a noted nonprofit in Berkeley, Calif., nonprofits should not only play a key role in any government plan for REOS, but should also ensure that REOs effectively help the entire community. The government’s catalog of REOs is

Florida Realtors Launches Statewide Housing Market Report

Florida Realtors, formerly known as the Florida Association of Realtors, has recently joined forces with 10k Research and Marketing to launch a statewide housing market report. 10k, a company which specializes in putting out appealing marketing reports, has partnered

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