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Today’s priciest new listing
Today’s priciest new listing is a three-bedroom, two-bathroom, 2,847-square-foot condo in the South Tower of the Continuum on South Beach that is asking $6.6 million, according to Condo Vultures. The...
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Miami Beach’s Mango’s Tropical Cafe expanding with Orlando location
Mango’s Tropical Cafe in Miami Beach is expanding to Orlando’s International Drive, according to CBRE.The company, whose flagship is located in South Beach, has acquired a 2.9-acre site at 8102...
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Ferraro Law Firm signs deal to occupy floor at 600 Brickell at Brickell World...
The Ferraro Law Firm has signed a 15-year lease at 600 Brickell at Brickell World Plaza, the Class A office tower announced. The firm, which specializes in chemical, asbestos and pharmaceutical...
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U.S. home sales rise 15.7 percent: report
National home sales rose 15.7 percent year-over-year in November, the second-highest annual increase in 2012, according to a new report from RE/MAX. That followed a 17.8 percent year-over-year increase...
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Pinnacle Housing Group completes first phase at Kings Terrace in Miami
Pinnacle Housing Group has completed the first phase of the $53 million Kings Terrace affordable housing community in Miami. The 15-building complex will eventually provide homes for 1,200 residents;...
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Mortgage apps down, as interest rates inch up
The number of mortgage applications decreased 12.3 percent on a seasonally adjusted basis, while increasing 13 percent on an unadjusted basis, during the week ending December 14, the Mortgage Bankers...
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Architecture Billings Index continues upward streak; but group warns of risk...
The Architecture Billings Index, a leading indicator for future construction spending, posted its fourth consecutive monthly gain in November, according to the American Institute of Architects. The ABI...
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U.S. housing starts down in November
U.S. builders broke ground on fewer houses in November, the Commerce Department said Wednesday. The news comes on the heels of October’s numbers, which were at a four year high. Privately owned housing...
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Survey finds discrimination in foreclosure housing maintenance in South Florida
Florida has one of the highest foreclosure rates in the nation, which means banks are often responsible for maintaining large swaths of properties. But a study by the National Fair Housing Alliance...
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Today’s priciest new listing
Today’s priciest new listing is a six-bedroom, five-bathroom, 4,040-square-foot single-family home that is asking $2.2 million, according to Condo Vultures. The house, which is located at 3571 North...
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Engel & Voelkers names Mario Ojeda new executive VP in Brickell
Engel & Voelkers recently named Mario Ojeda an executive vice president in Miami, The Real Deal has learned. Ojeda, a former Realtor for Douglas Elliman Florida. Ojeda is currently working in the...
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FCA Group takes 222 condo units in Tamarac bulk buy
FCA Group has purchased 222 condominium units in the 291-unit Jasmine at Tamarac community in Tamarac, the company announced. The complex, which began life as a multi-family rental community in 1987,...
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Blanca tapped to lease remaining space at Miami Beach’s 407 Lincoln Road
Blanca Commercial Real Estate has been tapped to lease the available space at 407 Lincoln Road, the brokerage announced. Blanca’s Alison Pages, executive vice president, will lead leasing and marketing...
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Miami metro area construction contracts up 73 percent: report
Contracts for future construction in South Florida are up 73 percent for the year to date through November, compared to the same period in 2011, according to a report from McGraw Hill Construction....
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Federal bill to help FHA recoup losses unlikely to pass U.S. Senate
Federal legislation giving the Federal Housing Administration increased power to recoup losses on bad loans is not likely to pass in the Senate by the end of the year because of Republican opposition,...
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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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Airbnb CEO defends legality of service: VIDEO
Airbnb’s CEO Brian Chesky told CBS News that his company is not trying to bend the rules; rather it is empowering homeowners and renters by allowing them to rent their homes out to just using his...
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Broward County townhome, condominium prices jump 22 percent: report
The median price of existing single-family homes in Broward County rose 8.8 percent in November compared to the same period in 2011, according to a new report from the Greater Fort Lauderdale Realtors....
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La Gorce Island home lists for $18.5 million
Today’s priciest new listing is a six-bedroom, six-bathroom, 4,846-square-foot single-family home that is asking $18.5 million, according to Condo Vultures. The house, which is located at 34 La Gorce...
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Wilton Manors apartment complex sells for $1.5M
A 20-unit apartment complex in Wilton Manors has sold for $1.5 million, according to the Keyes Company, which handled the transaction. The complex, which is located at 615 NE 26 Street and 200-216 NW...
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