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The Real Deal holds first-ever real estate roundtable at Miami’s Vizcayne
The Real Deal launched its first-ever South Florida Market Report print edition last night with a star-studded roundtable discussion and party last night at Vizcayne. The talk, which featured Condo...
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Florida condo, townhome prices up 20 percent
Closed sales of existing single-family homes rose 25.3 percent in October, according to a report released today by Florida Realtors. There were a total of 17,779 closed sales of existing single-family...
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Broward single-family prices up 16 percent
The median price of an existing single-family home in Broward County rose 15.9 percent in October to $211,000 compared to the same period in 2011, according to data released today by Greater Fort...
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REITs go green with new property indexes
A joint venture between FTSE Group, NAREIT, and the U.S. Green Building Council has created the first investable green property indexes for both institutional and retail investors, Forbes reported. The...
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Gucci outlet to open in Sawgrass Mills
This week, luxury clothing brand Gucci will open an outlet shop in Sawgrass Mills, the Miami Herald reported. The shop will be Gucci’s first South Florida outlet store and although the exact day of the...
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Douglas Elliman officially drops “Prudential” from brokerage name
Douglas Elliman, Manhattan’s largest residential brokerage, has officially dropped “Prudential” from its name, ushering in an image for the firm that recalls its 1911 origins as an independent company....
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Inside TRD’s Real Estate Roundtable at Vizcayne
[caption id="attachment_110821" align="aligncenter" width="575"] rom left: The Real Deal's Jennifer Durkovic, Ross Fox, Amir Korangy, Junaid Zahid, Derek Zahedi, Yoav Barilan and Stuart...
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Today’s priciest new listing
Today’s priciest new listing is a seven-bedroom, seven-bathroom, 7,916-square-foot single-family home that is asking $5.5 million, according to Condo Vultures. The house, which is located at 4865 SW...
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Foreclosure rate falls in Miami metro area
The rate of foreclosures among outstanding mortgage loans in the Miami-Miami Beach-Kendall metro area fell by 2.42 percentage points to 15.86 percent in September compared to the same month in 2011,...
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Brazilian pays $5.1 million for Continuum unit
A unit at the Continuum condominium tower in South Beach has sold for $5.1 million, according to Majestic Properties, which handled the transaction. Majestic agent David Carolan closed the deal, which...
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Miami condo prices jump 24 percent in October
The median sales price for condominiums in Miami-Dade County rose 24.2 percent to $146,000 in October, compared to the same month in 2011, according to data from the Miami Association of Realtors....
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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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Government cracks down on mortgage advertising
The U.S. Consumer Financial Protection Bureau and Federal Trade Commission are cracking down on misleading mortgage ads, such as those that impersonate the federal government, or those in which large...
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Ikea inks $31.5M deal in Miami
Following reports that Swedish furniture and meatball vendor Ikea was planning to open a store near Sweetwater’s Dolphin Mall by fall 2014, the chain has closed on site in a $31.5 million deal, the...
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Palm Beach’s priciest pads
From the South Florida Market Report: In the spring of 2008, Donald Trump managed to sell his home in Palm Beach for $100 million to Russian tycoon Dmitry Rybolovlev. But months later, the market crash...
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Today’s priciest new listing
Today’s priciest new listing is a six-bedroom, six-bathroom, 6,831-square-foot single-family home that is asking $3.3 million, according to Condo Vultures. The waterfront house, which is located at 20...
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Brenner reports seven new lease deals
Fort Lauderdale-based Brenner Real Estate Group is reporting seven new real estate transactions totaling 13,362 square feet in Broward County. The deals were led by a 4,000-square-foot lease by Pool...
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Murano Grande penthouse sells for $3.55M
A 3,284-square-foot penthouse at the Murano Grande condominium in South Beach has sold for $3.55 million, according to Douglas Elliman’s Pietro Belmonte, who handled the transaction. The seller of the...
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Rental rates fall in Boca Raton/Deerfield Beach
While Miami’s rental rates have continued to grow, the median rental rate in the Boca Raton/Deerfield Beach submarket fell 6 percent in the third quarter, according to a report from brokerage and...
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Setai condo hikes list price to $8.5 million
A condominium at the Setai South Beach has raised its list price by 7 percent to $8.495 million, according to data from real estate information firm StreetEasy. The three-bedroom, four-bedroom...
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