Properties for sale have declined since 2009 but inventory has remained flat for the most of 2010. Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the … [Read more...]
Swedish H&M comes to South Florida
November 8, 2010 by
South Floridians can finally get the low-priced, high-fashion wares from Swedish company H&M, with the company's first South Florida location opening Friday at noon at the Gardens Mall in Palm Beach County. The company, which was founded in 1947, does have two other locations in Florida, … [Read more...]
Bulk Deals at Biscayne Bay tower
November 3, 2010 by
Biscayne Bay tower, 900 Biscayne Boulevard The 900 Biscayne Bay condo tower across from the American Airlines Arena is marketing a bulk deal of 10 units with tenants already in place, according to a report from Condo Vultures. The 509-unit project still has 128 unsold units, and has initiated … [Read more...]
New-Home Sales Rise
October 28, 2010 by
Sales of new homes rose 6.6 percent in September to a seasonally adjusted annual rate of 307,000, the U.S. Commerce Department said Wednesday. Sales have been on the increase for two months, although year-over-year, new-home sales in September were down by 21.5 percent. “After dropping … [Read more...]
The Best Real Estate Investments – Miami and Spain – Article in Swedish
October 20, 2010 by
A private investment publication says Miami is one of the best cities to invest in worldwide. Den långsiktiga potentialen i Miami och Spanien gör en fastighetsinvestering där att föredra framför både svenska fastigheter och guld. När de flesta tillgångspriser verkar uppblåsta av all … [Read more...]
Miami condo building sells for $44M
October 19, 2010 by
Miami condo building sells for $44M or average 135,800 / unit. A 324-unit Miami condo project that struggling lender iStar Financial took back from its developer earlier this year in a deed-in-lieu of foreclosure has been sold off-market for more than $44 million to Wood Partners and AREA Property … [Read more...]
Miami Beach – South Beach real estate market recovers
October 5, 2010 by
People are buying condos in greater numbers Sales of condos in the last 12 months are up 26.7% compared to the most-recent 12 months a year earlier. Average selling price was up about 1.7% in the same period but expensive high end condos have seen a greater increase of about 4.5%. The … [Read more...]
South Florida home prices rose for third straight month
September 29, 2010 by
South Florida home prices rose 0.7 percent between June and July, the third straight month with an increase, according to Standard & Poor’s Case-Shiller 20-city index. Year-over-year, South Florida home prices were up 0.4 percent. Nationwide, the index of property values was up 3.2 percent … [Read more...]
Florida existing home and condo sales up in Aug
September 24, 2010 by
Sales of existing homes in Florida rose 1 percent in August, with a total of 13,997 homes sold statewide compared to 13,908 homes sold in August 2009, according to the latest housing data released by Florida Realtors®. Statewide existing home sales in August increased 3 percent over statewide sales … [Read more...]
Home construction jumps 10.5% in August
September 22, 2010 by
WASHINGTON (AP) – Sept. 21, 2010 – Home construction increased last month and applications for building permits also grew. But the gains were driven mainly by apartment and condominium construction, not the much larger single-family homes sector. Construction of new homes and apartments rose 10.5 … [Read more...]
