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How to survive a hurricane? Live in a rich nation
What’s the best defense against violent weather? Living in a wealthy country, according to an opinion piece by Charles Kenny in Bloomberg Businessweek. That’s because surviving — and recovering from —...
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Today’s priciest new listing
Today’s priciest new listing is a seven-bedroom, seven-bathroom, 8,445-square-foot single-family home that is asking $3 million, according to Condo Vultures. The house, which is located at 8292 Twin...
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Icon South Beach condominium unit sells for $1,260 per square foot
A 2,145-square-foot condominium unit at the Icon South Beach tower has been sold for $2.7 million, or about $1,260 per square foot. The average price represents a record high for the property,...
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Vacant site sells on Fort Lauderdale’s New River
A 1.71-acre vacant site has sold on the south side of Fort Lauderdale’s New River. The property, which is located on the west side of South Andrews Avenue and the New River. The buyer, who was not...
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Johnny Rockets up for lease in Coconut Grove
The existing Johnny Rockets space in downtown Coconut Grove has been put up for lease, according to Beacon Hill Property Group’s Matt Martinez, who has the listing on the property. the...
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Gadinsky Real Estate and Echion add Dennis Kleier and Steven Horowitz
Gadinsky Real Estate and Echion USA have added Dennis Kleier and Steven Horowitz to their Sunrise and New Smyrna Beach offices, respectively. Kleier was formerly at RAM Real Estate. He will be handling...
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West Palm Beach’s McCraney partners with Clarion on Orlando industrial project
West Palm Beach-based McCraney Property Company and Clarion Partners have entered into a joint venture to develop three industrial buildings in Orlando Central Park, the companies announced. McCraney,...
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South Florida Residential Inventory
Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a...
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Real estate pros celebrate, despair over election results on Twitter
In the half-day since President Barack Obama clinched his reelection bid, The Real Deal took a look at what the real estate industry was thinking – via Twitter – as the hard-fought and sometimes...
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Sweeping changes to housing likely on backburner following election
Does President Barack Obama’s reelection mean sweeping changes to the housing sector? Perhaps down the road, but not in the near future, according to a HousingWire report. Ed DeMarco, the acting head...
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The Next Wave
From The Real Deal’s South Florida market report: Boldly taking on the looming possibility of a bubble, developers are dotting the map with a whole new set of South Florida towers — rising in the...
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Today’s priciest new listing
Today’s priciest new listing is a five-bedroom, five-bathroom, 6,452-square-foot single-family home that is asking $4.8 million, according to Condo Vultures. The waterfront house, which is located at...
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Property Markets Group launches new projects in Hollywood and Aventura
Property Markets Group has launched two new projects in South Florida: the Sage Beach in Hollywood and Echo in Aventura. Developer Kevin Maloney of PMG developed Mei in Miami Beach and is also...
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Miami condominium prices rose 28 percent in third quarter: report
The median sales price for condominiums in Miami was $145,000 in the third quarter, a 28 percent increase over the same period in 2011, according to a new report from the Miami Association of Realtors....
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Fort Lauderdale estate lists for $24 million
A mansion in Fort Lauderdale has been listed for sale for $24 million. Tim Elmes, who recently departed Douglas Elliman for Coldwell Banker, has the listing on the property, which is located at 1831 SE...
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Greater Fort Lauderdale Realtors forms alliance with Brazilian real estate group
The Greater Fort Lauderdale Realtors is now the official U.S. ambassador for the Brazilian Federal Council for Real Estate professionals, the Brazilian equivalent of the National Association of...
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New eatery, The Embassy, heading to Buena Vista in former Blue Piano space
Chef Alan Hughes is planning to open a new restaurant in the Buena Vista neighborhood near Miami’s Design District, according to Miami.com. The restaurant, The Embassy, will be located at 4600 NE 2nd...
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Romney win would have taken housing in new direction: Trulia chief economist
Although both presidential candidates largely ignored the housing crisis during the race, Trulia chief economist Jed Kolko argues that housing policy would look very different had Romney won. For one,...
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Twin condo towers proposed in Midtown Miami
Midtown Miami could soon see two condo towers totaling 600 units, the South Florida Business Journal reported. The project brings the number of condo buildings proposed for South Florida to more than...
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MMD Realty continues to look north for buyers
Next week, Fort Lauderdale-based MMD Realty will head to Toronto to push South Florida real estate. According to the Sun Sentinel, MMD principal Michelle Farber Ross will hold seminars addressing...
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