South Florida Inventory Search

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Friday, November 28, 2014

Case-Shiller: Miami home prices up 10.3 percent in September | The Miami Herald

The metro Miami area, which includes Miami-Dade, Broward and Palm Beach counties, logged the biggest annual gain of any of the 20 metro markets tracked by the closely-monitored index.


Read more here: http://www.miamiherald.com/news/business/real-estate-news/article4138972.html#storylink=cpy

Tuesday, November 11, 2014

Veterans Have Better Mortgage Performance

Mortgage Performance of Veteran Loans Mortgages backed by the Veterans Affairs have generally performed better than other mortgage products, even though VA loans require no down payment.
U.S. foreclosure activity falls to eight-year low | Reuters
Knight Frank | Research Details

Miami is No. 7 worldwide with luxury home prices up 12.2% year-to-year, according to Knight Frank analysis. Worldwide, luxury prices rose an average 4%.

U.S., China agree to visa deal extension

U.S., China agree to visa deal extension China and the United States will offer visas, valid for up to 10 years, to each other's citizens.
NAR real estate forecast: Better times ahead
Moving boomers want a bigger, pricier place

Friday, November 7, 2014

Home sales: Cash buyers out in force - Sun Sentinel

In the South Florida metro area cash sales declined from last year, still, 59.1 percent of home sales didn't require a mortgage, the highest percentage in the nation,

Thursday, October 23, 2014

This country’s citizens are told to keep buying homes in Florida | Real Time

The annual Canadian Snowbird Outlook report from the BMO Bank of Montreal is still hyping Florida purchases for weather-weary residents, but warns that home prices are on the rise in the Sunshine State as well as other popular spots such as Arizona. Canadians are the largest foreign buyers in Florida and more than 500,000 currently own real estate here.
28% of Fla.’s mortgaged homes still underwater
Fed’s final QRM mortgage rule should help sales

Saturday, August 30, 2014

Peter Zalewski | Condo Vultures Condo construction financing spigot opens in South Florida -

Again, lenders seem to be joining the party a little late. EB

Monday, July 28, 2014

Friday, July 18, 2014

Deed-restricted housing growing in other states They've been popular in Florida, and now in other states, 65 million Americans now live in property governed by homeowner's associations.

Thursday, June 26, 2014

Monday, June 23, 2014

Florida Realtors May sales report finds stability

The statewide median sales price for single-family existing homes last month was $180,000, up 4.3 percent from the previous year.

Wednesday, June 11, 2014

EB-5 | Miami

EB-5 designation could spur foreign investment boom in Miami commercial sector.

Thursday, June 5, 2014

20% of U.S. counties’ home prices at all-time high

But Florida, it's all green and go, all counties are well below the peak, except for Sumter County, northwest of Orlando, where prices have already climbed to near all-time highs.

Thursday, May 29, 2014

Star Trek and Star Wars Inspired Rooms in Florida Mansion | The Escapist

At $35 million, it's the most expensive residential listing ever in the city of Boca Raton
Price appreciation, short sales, foreclosures drop National statistics: The median sales price of  U.S. residential properties – including both distressed and non-distressed sales – was $172,000 in April, an increase of  11 percent from April 2013 – the biggest year-over-year increase since U.S. median prices bottomed out in March 2012.

Tuesday, May 27, 2014

Realtors to condo boards: Get FHA certification "Since changing its policy four years ago, the number of condo developments approved for FHA financing has plummeted by over 50 percent. As of mid-May, FHA says just 10,020 communities out of roughly 144,000 condo projects nationwide had FHA certification – about 7 percent."
Peter Zalewski | Condo Vultures

Developers pushing prices higher and higher. "Presale prices of preconstruction condo towers proposed east of I-95 in South Florida are now averaging a minimum asking price premium of about 102 percent above the price of units currently on the resale market in the coastal part of Miami-Dade, Broward and Palm Beach counties"



If you want to be the first to live there, it will cost you, ...a lot!! EB

Thursday, March 20, 2014

South Florida home prices keep rising, but sales growth is slowing - Miami-Dade - MiamiHerald.com



In Miami-Dade County, the median price of an existing single-family home rose 17 percent in February from a year earlier to $227,000.


Read more here: http://www.miamiherald.com/2014/03/20/4005549/median-home-and-condo-prices-in.html#storylink=cpy
In Broward County, the median price of a single-family home jumped 12.3 percent to $255,000.


Read more here: http://www.miamiherald.com/2014/03/20/4005549/median-home-and-condo-prices-in.html#storylink=cpy
Monitor: Big banks satisfy mortgage settlement

Friday, February 21, 2014

Existing home prices rose by double digits in Miami-Dade and Broward - Business - MiamiHerald.com



The number of sales also increased in Miami, compared to a year earlier, but Broward experienced a small slowdown, as did much of the U.S.