NEW YORK – Aug. 16, 2010 – Analysts report that the surprising outperformance of exchange-traded funds that track real estate stocks since the first of the year suggests improvement in the economy and the battered commercial-property sector. In their second-quarter earnings outlook, analysts … [Read more...]

It boasts a penthouse view over Central London, a private wine-tasting facility and an underground passage to a Heston Blumenthal restaurant. Throw in security measures a James Bond villain would be proud of and a ‘panic room’ in case things go wrong, and you would expect to pay a high … [Read more...]

PANAMA CITY, Fla. – Aug. 11, 2010 – Federal officials on Tuesday reopened federal waters off the Florida Panhandle to commercial and recreational fishing, saying that National Oceanic and Atmospheric Administration data have shown no oil in the area. The Coast Guard also says it hasn’t … [Read more...]

ORLANDO, Fla. – Aug. 11, 2010 – Sales of existing single-family homes in Florida rose 21 percent in second quarter 2010 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 51,564 existing homes sold statewide in 2Q 2010; during … [Read more...]

TORONTO  – Mary and Ron Ethier long believed a getaway home in the Florida sun would remain a retirement dream, but when a recent real estate turnaround opened the border to a growing flock of snowbirds, the couple suddenly saw an opportunity too tempting to pass up. “We just felt with … [Read more...]

 The tax credit expired, but it’s still a great time to buy a home thanks to low mortgage rates and motivated sellers. Here are five reasons why now is a great time to buy: 1. Low mortgage rates serve as an equity shock absorber. When buyers borrow at today’s record-low rates, they start building … [Read more...]

Fueled by foreign buyers and distressed sales, pending home sales rose as much as 40% compared to one year earlier. MIAMI – South Florida’s housing sector asserted its independence from national trends in July as a key measure of the real estate market improved year-over-year, with the … [Read more...]

WASHINGTON (AP) – July 26, 2010 – Sales of new U.S. homes jumped last month. The Commerce Department says new home sales rose nearly 24 percent in June from a month earlier to a seasonally adjusted annual sales pace of 330,000. May's number was revised downward to 267,000, the slowest pace on … [Read more...]

ORLANDO, Fla. – July 26, 2010 – CNN Money magazine has released its annual poll of some of the top places to live, and two Florida cities rank high as towns where residents’ income goes furthest when it comes to home purchase power. Among CNN Money’s top 25 list for where homes are affordable, … [Read more...]

Since announcing he would be bringing his talents to South Beach, LeBron James has been called a one-man stimulus package for South Florida - but among the area's real estate circles, the Miami Heat's entire starting lineup looks like a walking, dribbling dollar sign. At least four of the Heat's … [Read more...]