Home in U.S. records first luxury sale over $2 million in the Trump Towers – Sunny Isles

This marks yet another sale on the strong luxury real estate market here in South East Florida. The Miami area is once again an investor favorite because of the attractive prices and economic turmoil in the rest of the world. “There is evident demand for Miami properties, particularly from … [Read more...]

Holiday Greetings – God Jul & Gott Nytt År

Holiday Greetings - God Jul & Gott Nytt År … [Read more...]

Foreign buyers see value in U.S. real estate

As an alternative investment, U.S. real estate may never look so attractive to Canadians again. Sunny havens such as Fort Myers, Fla., have seen property values plummet as much as 50 per cent since the start of 2007, while the value of the loonie has soared about 15 per cent during the same … [Read more...]

Florida and New York – top 10 housing markets for investors

Rochester, N.Y. and the Florida cities of Fort Lauderdale, Orlando and Tampa have ranked in the top 10 best housing markets for investors in rental properties, according to a report released today by HomeVestors of America, a property investment firm, and Local Market Monitor, a real estate data … [Read more...]

Office space lifts commercial market

WASHINGTON – April, 2011 – As the economy recovers and businesses gradually start to expand again, occupancy in office spaces across the U.S. continue to rise as well as the rent, providing a boost to the commercial real estate market which has faced two years of steep drops in rent and … [Read more...]

Consumer confidence jumps in Jan.

WASHINGTON – Feb. 22, 2011 – The Conference Board Consumer Confidence Index, which had increased in January, improved further in February. The Index now stands at 70.4, up from 64.8 in January. The Present Situation Index improved to 33.4 from 31.1. The Expectations Index increased to 95.1 from 87.3 … [Read more...]

Brazilians lead South Florida foreign homebuyers

An influx of Brazilian travelers in South Florida isn't just transforming the tourism industry -- it's also propping up the high-end residential real estate market in the tri-country region. According to Edgardo Defortuna of Fortune International, that's thanks in large part to a prohibitively … [Read more...]

Downtown Miami condo “Mint” sees sales surge following price cuts

Following a $160-per-square-foot price cut at the new Mint at Riverfront condominium in Downtown Miami, owner ST Residential sold off 100 individual units -- or around one fifth of the inventory -- during the fourth quarter of 2010, according to a new report from Bal Harbour-based brokerage Condo … [Read more...]

Investor gets South Beach project for 52% off

A firm led by a Belgian investor has acquired the sites of two planned South Beach apartment projects in a deed in lieu of foreclosure and a short sale. The largest deal involved a 12-unit apartment project in mid-construction in which Banco Popular North America let the developer sell the … [Read more...]

Miami-Dade County sees jump in home sales under contract

Pending contracts of condos and townhouse in Miami-Dade County are up from last year, according to a report from Condo Vultures. Available resale units decreased and there were fewer condo and townhouse units listed on the resale market in Miami-Dade. … [Read more...]