Strong start to the year for Florida’s housing market
For the thirteenth straight month, Florida has seen the median sales prices for both single-family homes and for townhouse-condo increase over their year-ago figures, according to a report released...
View ArticleRussian lawmaker resigns over SF property scandal
Vladimir Pekhtin, a senior lawmaker from Russia’s ruling party, United Russia, and chairman of Parliament’s ethics committee, resigned on Wednesday following the release of documents that showed him as...
View ArticleToday’s priciest new listing
Today’s priciest new listing is a three-bedroom, three-bathroom, 3,103-square-foot condo in the Apogee that is asking $7 million, according to Condo Vultures. The waterfront property is located at 800...
View ArticleTop stories
Top stories yesterday on the The Real Deal: 1. Condo Vultures unveils SF preconstruction map 2. Merrick Manor project sells 60 percent in 60 days 3. Russian lawmaker resigns over SF property scandal...
View ArticleHollywood multi-family building hits the market
A 26 unit multi-family building in Hollywood has hit the market asking $2.2 million, Majestic Properties, which has the listing announced today. The 20,497-square-foot property is made up of 12...
View Article“Versailles” house resumes construction
Construction has resumed on the nation’s largest home, the Windermere, Fla. abode of timeshare magnate David Siegel, the Today show reported. The home, which has been dubbed “Versailles,” and was the...
View ArticleMixed-use destination heads to Pompano Beach
A developer will pay about $20 million to build a mixed-use shopping and dining attraction on six acres in Pompano Beach, the Sun Sentinel reported. Redevelopment Management Associates will spearhead...
View ArticleBanks feel the squeeze as mortgage profits dwindle
The record mortgage profits reported by big lenders like Wells Fargo and JPMorgan Chase are drying up, as increased competition hold rates near all time lows. Profits made from mortgage backed...
View ArticleBH3 nabs mixed-use 1805 Ponce units
BH3, a real estate firm focusing on New York and South Florida, has acquired the remaining residential and commercial condominium inventory at 1805 Ponce in downtown Coral Gables, the company announced...
View ArticleJLL, Transwestern close 150,000-sf industrial lease
Transwestern and Jones Lang LaSalle have closed the largest industrial transaction to date in 2013 at International Corporate Park, the firms announced today. SeaFreight Agencies, a cargo and shipping...
View ArticleMiami Kardashian house hits the market for $14.5M
South Florida’s celebrity brokers the Jills of Coldwell Banker have officially listed Palazzo di Mare the home recently occupied by Kourtney and Kim Kardashian while filming their reality TV show...
View ArticleToday’s priciest new listing
Today’s priciest new listing is a two-bedroom, two-bathroom, 1,777-square-foot condo in the St. Regis that is asking $3.3 million, according to Condo Vultures. The waterfront condo is located at 9705...
View ArticleCrash killed $3 billion in value at Related projects
Looking back at the precipitous fall in condominium values in South Florida during the real estate crunch, is not unlike pausing to peer at a car crash on the interstate: morbid and not particularly...
View Article“Jills” are Coldwell Banker’s highest grossing team in history of firm
The celebrity broker team known as “the Jills,” of Coldwell Banker, recently became that brokerage’s most successful team in history, according to a statement from Coldwell Banker today. The Jills —...
View ArticleResidential rental prices soaring across SF
Demand for residential rental properties following the recession has boomed, leading to a higher median rental rate than at any time in at least the last five years, the Miami Herald reported. In 2012,...
View ArticleSouth Florida residential inventory continues to fall
Residential inventory in South Florida fell to 34,398 from 34,535 active listings for the week ending February 25, 2012. During the same period, pending sales increased to 23,565 from 23,013. Active...
View ArticleHigh-end care package brings luxury marketing home
Marketing luxury homes to South Florida’s millionaire buyers is getting more personal thanks to a new a high-end care package called LuxeBox by Sandow, the Palm Beach Post reported. The 15-pound...
View ArticleFebruary 2013 Crossword
From the February issue: This month’s crossword puzzle is live on our website. You can get hints and see how fast you are with an on-screen stop watch in the interactive version. Click here or above....
View ArticleToday’s priciest new listing
Today’s priciest new listing is a two-bedroom, two-bathroom, 1,400-square-foot condo in the Setai Resort and Residences that is asking $3.3 million, according to Condo Vultures. The waterfront condo,...
View ArticleTop stories
Top stories yesterday on the The Real Deal: 1. Crash killed $3 billion in value at Related projects 2. Miami Kardashian house hits the market for $14.5M 3. Residential rental prices soaring across SF...
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