RESIDENTIAL REAL ESTATE
South Florida still under a cloud of foreclosures and negative equity
While South Florida’s housing market has been bouncing back, the region still faces high levels of foreclosures and underwater mortgages.
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Miami-based Lennar Corp. acquired homesites in Nashville, marking its entry into another new market.
While South Florida’s housing market has been bouncing back, the region still faces high levels of foreclosures and underwater mortgages.
Residents say raw sewage has been spilling onto sidewalks intermittently during the past year.
Some neighbors oppose a new church on Memorial Highway in unincorporated Northeast Miami-Dade County.
The celebration of St. John Community Development Corporation’s opening of two newly rehabilitated, affordable, multi-family apartment buildings combine old and new designs contributing to Overtown’s eclectic architectural heritage. St. John Village, 1410 NW First Place and 1731-41 NW First Court, are affordable rental units.
The forces driving the increase in property values may be from corporations buying homes to rent out, not from individuals purchasing homes to own, some say.
Terra Group expects to break ground on the Grove at Grand Bay, its ultra-luxury condominium in Coconut Grove, June 5. Two glass and steel towers are designed to twist as the floors rise.
Miami-Dade Clerk of Courts Harvey Ruvin is launching mobile access to a host of court records in a bid to ease access and cut costs.
As South Florida’s housing market recovers, the luxury end is rock and rolling, as demonstrated by the $30 million sale of Yankee slugger Alex Rodriguez’s home.
County staff recommends that the board approve the church but reject a request to allow three apartments for church personnel.
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.
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.
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.