Miami Real Estate news

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 ...

Sales of existing, single-family homes rose in Miami and West Palm Beach, but slid in Fort Lauderdale in May, according to statistics from Florida Realtors. At the same time, the median sales price in all three counties ticked up. Read more ...

Florida’s economic outlook ranks fifth among the 50 U.S. states, according to the latest edition of an annual study by the American Legislative Exchange Council. Read more ...

“Why on Earth would you buy down here when you can rent?” asked a friend of mine in Miami Beach not long ago. “Buying is so over.” Read more ...

TORONTO – Juin , 2010 – Près de 800 Canadiens se serrent dans une salle d’hôtel près de l’aéroport de Toronto pour entendre l’Évangile de l’immobilier en Floride. Read more ...

Providing further evidence of a strengthening market, South Florida home buyers signed contracts at a fast clip in May, catapulting the number of pending home sales up 54 percent in Miami-Dade and 51 percent in Broward, compared to the same month last year. Read more ...

Sales of existing homes and condos rose in all three South Florida counties and statewide, according to figures from Florida Realtors. Read more ...

For the first time since February 2006, Florida’s seasonally adjusted unemployment rate has fallen. April unemployment slipped to 12 percent from March’s revised rate of 12.3 percent. Read more ...

Cash continues to be king when it comes to buying condos. A new report by Condo Vultures LLC finds that buyers paid cash for nearly 600 units in 29 projects in the greater downtown Miami area from January through March. Fewer than 120 units in 19 projects were financed, according to the Bal Harbour-based real estate consultancy. Read more ...

Dennis and Rowena Bennett were set on moving to South Florida from St. Louis. And they thought they knew exactly where they wanted to buy. Read more ...

MIAMI-Over the last 12 months, the South Florida multifamily market has seen a notable increase in sales activity and this trend is likely to continue through 2010, according to Calum Weaver, director of operations for the CBRE Multi-Housing Private Client Group in Miami. He points to Real Capital Analytics’ data that shows that in 2009, there were 45 trades totaling $550 million in the region. Sales transactions were up 48% and dollar volume was up 22% compared to 2008. Read more ...