HOUSE HUNTING
Distressed homes lure cash investors
Cash-wielding investors are dominating the market for distressed homes and condominiums.
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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.
Cash-wielding investors are dominating the market for distressed homes and condominiums.
Even with good credit, a solid down payment and an easy-to-please attitude, a young couple finds home buying a test of endurance.
The city will sell about two dozen lots for $1.5 million for redevelopment.
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.
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.
Miami’s Carlisle Group is suspected of padding construction costs to generate higher tax subsidies for its multimillion-dollar developments.
Miami ranked second only to Los Angeles in March among foreigners searching online for U.S. real estate on Realtor.com.
South Florida now has about 20 months of high-end inventory available on the market.
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.
Meanwhile, the state ethics commission found probable cause in a complaint against a board member.
New York developer Property Markets Group plans a super tall condominium on Brickell Avenue as the latest boom gains momentum.
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.
Actor Matt Damon’s 7-bedroom, 10-bath bayfront mansion on Miami Beach is for sale for $20 million.
Miami posted the highest foreclosure activity of any large city, and Florida topped the list of states in the first quarter, RealtyTrac said.
Its not clear how the lawsuit will affect tenants.
Rents on single-family homes have flattened in South Florida, even as asking prices on homes continued to rise, according to Trulia.
Miami-Dade County and Legal Services of Greater Miami are hosting clinics to help homeowners facing foreclosure and mortgage modification woes.
The Miami-Dade property appraiser has canceled 71 claims filed by those seeking to make a land grab under an obscure Florida law.
Two Miami-Dade ZIP codes ranked among the nation’s top luxury real estate markets, according to brokerage Coldwell Banker