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Today’s priciest new listing
Today’s priciest new listing is a five-bedroom, seven-bathroom, 6,518-square-foot condo in the Jade Ocean that is asking $10.9 million, according to Condo Vultures. The waterfront condo, which is...
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Buffett says industries tied to housing will buoy U.S. economy: VIDEO
Warren Buffett With so much uncertainty in the global economic markets, positive signs in residential housing – especially in the U.S. – may point to brighter times to come, billionaire Warren Buffett...
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HFF tapped to market sale of pair of Biscayne Bay development sites
HFF has been tapped to market two development sites totaling 4.53 acres on Biscayne Bay in Miami, the company announced. The sites are located between NE 31st Street and NE 32nd Street on the growing...
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South Beach’s Berkley Shore hotel lists for $13.8M
The Berkley Shore hotel in South Beach has been listed for sale by Majestic Properties at $13.78 million, the brokerage announced. Majestic’s Roberto Pecchi has the listing on the 64-room property,...
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Photographer Javier Bohorquez opens gallery in West Palm Beach’s Northwood
Photographer Javier Bohorquez, known as Jabo, has opened a flagship gallery in West Palm Beach’s Northwood Corridor. The space, which is located at 437 Northwood Road, is now the headquarters for the...
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Miami DEA building sells for $43.5 million
A DEA building in Miami has sold for $43.54 million, according to Duane Morris, which assisted an affiliate of Spain-based MDR Inversiones in its purchase of the 9.14-acre complex. The deal was...
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Interior by Steven G expands Pompano showroom to 80,000 square feet
Interiors by Steven G has expanded its showroom from 55,000 square feet to 80,000 square feet. The Pompano Beach-based property, which is located at 2818 Center Port Circle, was originally 55,000...
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Miami condo boom helping retail sector: report
The recent boom of sales in Miami-Dade County’s condominium sector has led to a similar surge in the retail market, according to a third-quarter report from Marcus & Millichap. Miami’s continued...
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Low mortgage rates fail to spur borrowing: VIDEO
Do low mortgage rates actually motivate borrowers? The affordability of getting a loan is not spurring consumers to borrow, despite the Federal Reserve’s efforts to hold mortgage rates at record lows,...
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Grove at Grand Bay releases new renderings
Last week Terra Group with the Danish architect Bjarke Ingels and his company revealed plans for the Grove at Grand Bay, a 90-unit luxury condominium project in Coconut Grove, that will feature...
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Stiles’ One Plantation project tops off
Nearly 500 construction workers assembled in Plantation today for the “topping-off” ceremony at developer firm Stiles’ $60 million One Plantation apartment project, according to the South Florida...
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Housing policy AWOL on the trail
From the October issue: Call it the political elephant in the room: 1.2 million families across the country are now at some stage of foreclosure, 3.8 million homeowners have been foreclosed upon since...
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EWM represented buyer in Alonzo Mourning sale
EWM’s Audrey Ross represented the undisclosed buyer in the sale of former Miami Heat star Alonzo Mourning’s Coral Gables home. The $11.35 million purchase was in the tony Gables Estates community on...
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Carlisle clears way for first phase of 7th Avenue Transit Village in Liberty...
Affordable housing developer Carlisle and Miami-Dade County officials oversaw the recent demolition to clear way for the planned 7th Avenue Transit Village in Liberty City. The $75 million project is a...
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What Not to Wear host Carmindy puts Miami home up for sale
Carmindy Bowyer, makeup host of the What Not to Wear television show, has listed her Miami home for sale. The three-bedroom, two-bathroom home has been listed for $695,000. Tracie Hamersley of Miami...
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AGM Aria launches 321 Ocean project in Miami Beach’s South of Fifth neighborhood
New York and Miami-based firm AGM Aria has launched the 321 Ocean project on South Beach’s Ocean Drive. The South of Fifth project will include 22 three and four-bedroom residential units. AGM Aria’s...
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The Real Deal to host the real estate event of the year on Nov. 15 at Vizcayne
The Real Deal will be launching its first-ever South Florida Market Report 2012 print edition with a roundtable discussion and party at the Vizcayne condo tower in downtown Miami on the evening of Nov....
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Downturn, reality TV bring the young and ambitious to real estate
Marked financial success in real estate was once the purview of older, established agents who had labored for years to carve out a particular territory. But no more. As the Wall Street Journal...
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Foreclosure rates fall in Miami metro area
The rate of foreclosures among outstanding mortgage loans in the Miami-Miami Beach-Kendall metropolitan area fell 1.72 percentage points in August to 16.42 percent, according to data from CoreLogic....
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States with high housing costs most vulnerable to loss of mortgage interest...
Limiting the homeowner mortgage interest deduction came up in two of the presidential debates, but specifics about who would be affected and how much they might lose in tax benefits were minimal. To...
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