Miami Beach

Miami Beach developer, neighbors settle dispute

A settlement agreement has been reached between the homeowners of Sunset Islands 3 and 4, and the developers of the nearby Palau at Sunset Harbour project.

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.

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.

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.

South Florida No. 2 on mortgage fraud risk list

South Florida's mortgage fraud risk index spiked 10 percent during the first part of the year, shooting the region to second place nationally for potential housing scams.

REAL ESTATE

Banner Supply agrees to $54 million Chinese drywall settlement

Banner Supply Co., the Miami-based firm that supplied the vast majority of Chinese drywall in Florida, has agreed to pay $54 million to settle claims.

REAL ESTATE

Foreclosure homes starting to lose their appeal, data shows

Sales of homes in some stage of foreclosure declined across South Florida during the first quarter, a result of the recent "robo signer" controversy and perhaps a changing sentiment among buyers, observers say.

courts

Mortage broker sentenced in fraud

A Homestead mortgage broker arrested after being profiled in a Miami Herald investigative series was sentenced Friday for her role in defrauding two lenders.

BUSINESS MONDAY

Foreclosure crisis hits home for all

Courts, local governments and lenders were caught unprepared to deal with the debilitating ripple effects from South Florida’s housing collapse, compounding and prolonging the crisis.

REAL ESTATE

Homes sell for as little as $200

Scores of Palm Beach County homes were sold to investors at foreclosure auction this month for as little as $200 following the collapse of the David J. Stern law firm and the ensuing confusion while thousands of its cases are reassigned.