by admin | Nov 25, 2012 | Miami, real estate
Pending sales, closed sales and median prices rose, while the inventory of homes and condos for sale dropped in Florida’s housing market in October, according to the latest housing data released by Florida Realtors®. Statewide, closed sales of existing single-family...
by admin | Nov 23, 2012 | Miami, real estate
Stephen Ross, chairman and founder of the Related Cos. and owner of the Miami Dolphins thinks so: “Miami is probably the hottest real estate market in the U.S. from a residential perspective” says Mr. Ross in this Businessweek real estate...
by admin | Nov 1, 2012 | real estate, single family
Last week, Fannie Mae, the Federal National Mortgage Association, announced two bulk sales of foreclosed homes to large investment firms that intend to rent them for at least three years. The sales included ninety-four foreclosed properties in Chicago and almost seven...
by admin | Oct 25, 2012 | condominium, real estate
The number of condos sold and under contract on the island of Palm Beach skyrocketed during the first nine months of 2012, compared to the same period in 2011. In the Worth Avenue area, the median sale price of condos increased 23.61%, and the number of condos under...
by admin | Oct 24, 2012 | condominium, Miami, real estate, single family
In September, home construction starts reached 872,000 for the year; not only did this number exceed all forecasts, but the growth rate reached the highest level since 2008. The numbers also showed an increase in building permits, a sign that the growth is probably...
by admin | Oct 18, 2012 | real estate, single family
September housing starts in the U.S. surged 15 percent to the highest level in four years, says Bloomberg News. This shows the market is on an upward trajectory. Prices are going up and they are not going...