HOUSING

South Florida’s existing home prices jump by double digits from year ago

Existing home prices in Miami-Dade and Broward counties rose sharply and sales volume increased in April amid tight inventory of homes and condos on the market.

Home-buying frenzy: Strong demand collides with scarce inventory

The Open House on a leafy street near South Miami featured a snack wagon with cupcakes and chilled beverages, but the real draw was the newly listed house for sale for $435,000.

HOUSE HUNTING

Distressed homes lure cash investors

Cash-wielding investors are dominating the market for distressed homes and condominiums.

HOUSE HUNTING

Buyers shoot first, ask questions later

Even with good credit, a solid down payment and an easy-to-please attitude, a young couple finds home buying a test of endurance.

Florida City

Florida City sells lots for redevelopment in ‘Snakepit’ neighborhood

The city will sell about two dozen lots for $1.5 million for redevelopment.

Real estate

A real estate explosion in Edgewater, Miami’s next trendy district

Property values are exploding and skyscrapers are rising in Edgewater, located at the intersection of funky and trendy. It’s the latest sign of a recharged real estate market.

Real Estate

Ojeda launches luxury Brickell condominium

Amid a flurry of nearby development, Miami developer Alan Ojeda launched sales for a luxury condo tower on a Brickell Avenue site long planned for development.

Federal Courts

Feds investigate acclaimed Miami housing firm

Miami’s Carlisle Group is suspected of padding construction costs to generate higher tax subsidies for its multimillion-dollar developments.

REAL ESTATE

Miami real estate popular online

Miami ranked second only to Los Angeles in March among foreigners searching online for U.S. real estate on Realtor.com.

Peter Zalewski: Luxury residential market’s inventory grows

South Florida now has about 20 months of high-end inventory available on the market.

REAL ESTATE

South Florida home prices rose again in March

Amid razor-thin inventory, homes and condos in Miami-Dade and Broward are selling quickly, although prices still haven’t returned to pre-recession levels.

Homestead

Homestead Housing Authority board member is in trouble with ethics commission

Meanwhile, the state ethics commission found probable cause in a complaint against a board member.

CONDOMINIUMS

Super tall condo coming to Brickell

New York developer Property Markets Group plans a super tall condominium on Brickell Avenue as the latest boom gains momentum.

REAL ESTATE

Matt Damon puts Miami Beach home up for sale

Actor Matt Damon’s 7-bedroom, 10-bath bayfront mansion on Miami Beach is for sale for $20 million.

FORECLOSURES

Foreclosure capital: Florida leads states, Miami leads cities

Miami posted the highest foreclosure activity of any large city, and Florida topped the list of states in the first quarter, RealtyTrac said.

Brickell

Historic status rejected for Brickell church

A Miami city board rejected historic status for a 66-year-old church that played a role in the historic ‘Pedro Pan’ rescues of kids from Cuba.

Homestead

Wells Fargo Bank wants to foreclose on Homestead affordable-housing complex

It’s not clear how the lawsuit will affect tenants.

HOUSING

South Florida home rents flatten

Rents on single-family homes have flattened in South Florida, even as asking prices on homes continued to rise, according to Trulia.

HOUSING

Foreclosure, mortgage-modification clinics set

Miami-Dade County and Legal Services of Greater Miami are hosting clinics to help homeowners facing foreclosure and mortgage modification woes.