Posted by Jean-Louis Delbeke - January 25th, 2012
Europe’s debt crisis and the political logjam in Washington are creating uncertainties that will continue to weigh on the economy this year, a panel of two economists and a former U.S. senator said in Fort Lauderdale on Wednesday. Read more ...
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Posted by Jean-Louis Delbeke - January 21st, 2012
At the close of 2011, Florida’s existing home and condominium markets reported higher sales compared to the previous year, according to the latest housing data released by Florida Realtors®. It was the third consecutive year for statewide home and condo sales activity to end the year on a positive upswing – higher year-over-year sales also were reported at the close of 2010 and 2009, records show. Read more ...
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Posted by Jean-Louis Delbeke - January 5th, 2012
An investigative report in The Miami Herald newspaper this week has reported that Florida, which currently accounts for a third of all the “foreign-backed property transactions” in the USA and is the country’s “number one state for international residential real estate sales,” is losing out on large of amounts of property tax revenues as deals increasingly go through in cash and the buyers concerned register themselves offshore. Read more ...
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