Miami Real Estate news

WASHINGTON (AP) – June 28, 2011 – Home prices in major U.S. cities have risen for the first time in eight months, boosted by an annual flurry of spring buyers. Read more ...

The volume of South Florida home sales rose, continuing a record-setting pace. Prices, however, are still on the decline, although there are signs of stabilization. Read more ...

(Reuters) – Malaysia-based Genting Berhad (GENT.KL), one of the world’s largest international casino operators, is betting big on Miami becoming a palm-fringed playground for global gamblers. Read more ...

There are less than 50,000 residential properties on the resale market in the tri-county South Florida region, according to a new report from CondoVultures.com. Read more ...

Art Basel in Miami Beach Downtown Miami has been making the most noise of late — from the purchase of the Miami Herald site by Genting for a large-scale gaming resort, to the upcoming construction of a new museum nearby. Read more ...

Just like its surging rental market, Miami’s high-end residential sector has been showing significant improvement in the first five months of 2011. Read more ...

Within the next decade, 16 million new housing units will be needed to meet population growth and shifting demands, according to Harvard University’s Joint Center for Housing Studies in its latest annual “State of the Nation’s Housing” report. Read more ...

The third consecutive countywide decline in taxable property values puts more pressure on cash-strapped local governments, but a projected jump in new construction next year from projects in the pipeline could offset another possible decline. Read more ...

MIAMI—When the real estate market collapsed five years ago, this city’s downtown soon became an emblem of the worst excesses of the building boom. Glittering new towers sat mostly vacant. Read more ...

House prices are falling around the world says the latest Global Property Guide house price survey released this week, and the situation is getting worse. Read more ...