Miami Real Estate news

MIAMI-Job growth helped stabilize Miami-Dade County’s apartment market during the first half of 2010, and the market should see a sustainable improvement in fundamentals next year, according to Marcus & Millichap’s Third Quarter 2010 ApartmentResearch market update. However, the market still faces near-term challenges from the condo glut. Read more ...

A solid game plan can help you narrow your homebuying search to find the best home for you. Read more ...

Condo and home resales combined have risen 23 months in the Miami-dade market. Read more ...

After 23 consecutive months, Miami-Dade County’s streak of rising year-over-year residential home sales came to an end in July, as single-family home sales slipped 8 percent compared to the same month last year, according to a report released Tuesday by the Miami Realtors. Read more ...

Over the past year, downtown Miami has filled with new residents, retailers and restaurants — all reasons for promoters of the once-deserted area to cheer. Then the Miami Heat added two new stars in LeBron James and Chris Bosh to its lineup, and the cheering turned to a full-on celebration. Read more ...

For the last couple of years, the South Florida Business Journal has been keeping tabs on the foreclosure crisis – plotting the numbers on a monthly basis from RealtyTrac and providing readers with a weekly roundup of commercial properties that have fallen into default. Read more ...

Twenty-three percent of the homes for sale in Miami reduced their listing price by an average of 14 percent between July and August, according to the real estate search company Trulia. Read more ...

MIAMI – Aug. 10, 2010 – South Florida home values suffered the worst decline of 25 large metropolitan areas in the second quarter of this year, falling 15 percent compared with 2009, according to a national real estate report. Read more ...

HONG KONG — Darryl Dong recently took his wife, Eva, to New York for a bit of shopping. He had heard there were some great sales. But Mr. Dong, a financier based in Hong Kong, was not looking for designer clothes. Read more ...

Fueled by foreign buyers and distressed sales, South Florida pending home sales were up in July compared to last year. Read more ...

A budding economic recovery slowed down in Florida, according to a new report from the Federal Reserve. Read more ...

The idea of a vibrant city center in Miami is bolstered by a Downtown Development Authority finding that condo sales — and prices — are going up. Read more ...

Miami home prices posted modest gains in May according to the latest Standard & Poor’s/Case Shiller Home Price Index. Read more ...

WASHINGTON – July 26, 2010 – A viral email that keeps circulating seems to die out but then returns with a vengeance. Florida Realtors and the National Association of Realtors have received numerous calls from concerned members. Read more ...

ORLANDO, Fla., July 22, 2010 – Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. Read more ...

The Cynthia Condo/Hotel
2115 Washington ave, Miami Beach, FL 33139 (map) Read more ...

The first six months of 2010 saw South Florida foreclosure activity jump nearly 10 percent, compared to the same period in 2009. Read more ...

Would you give your life for your country? What about your religious group? Your soccer team? Read more ...

Miami, FL – In the Miami MSA, there was a 70 percent increase in condominium sales in May 2010 compared to the same month last year and a 131.4 percent increase compared to two years ago, according to the Realtor Association of Greater Miami and the Beaches and the Southeast Florida Multiple Listing Service (SEFMLS). The sales of existing single-family homes in the Miami MSA increased 22 percent in May 2010 compared to May 2009 and increased 115 percent compared to May 2008.  Statewide sales increased 40 percent for condominiums and 18 percent for single-family homes.  The Miami real estate market has experienced a surge in sales since August 2008, posting increases each of the last 22 months. Read more ...

International and cash buyers were never eligible for the federal home buyer tax credit, so when the subsidy expired on April 30, their continued interest in South Florida real estate partially shielded the region from the massive sales fall-off that took place nationally. Read more ...