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Property-tax lament: `So, where’s my tax break?’

Posted on: Sunday, August 31st, 2008 in: Market Updates

Property-tax lament: `So, where’s my tax break?’ BY LARRY LEBOWITZ Gov. Charlie Crist promised Floridians that their tax bills would ”drop like a rock” if they voted for property-tax reform in January.Now, with prospective tax bills in hand, disillusioned South Florida homeowners and investors say the decrease is more like a soggy bag of Styrofoam […]

Zilbert Realty Group – Active Listings September 1 2008

Posted on: Saturday, August 30th, 2008 in: Our Condo Listings

CONDO PRICE $/s.f. BD/BTH s.f. AGENT CELL INFO 310 RIVO ALTO DR  $1,995,000  $792 3/3/1 2520 Mark Batievsky (305) 216-2206 Click 731 86 ST  $1,299,000  $659 4/3/0 1970 Bill Hernandez (305) 910-7644 Click 1800 Club Condo #601  $800,000  $365 3/3/0 2189 Bryan Sereny (305) 772-6889 Click 200 Ocean Drive Condo #4A  $799,000  $639 2/2/0 1250 […]

People Who Live in Glass Houses

Posted on: Saturday, August 30th, 2008 in: Market Updates

It’s Not All Sunshine; Faded Furniture, Nosy Neighbors and Baking Heat Among Gripes By SARA LIN – Wall Street Journal Seeking views, Sara Antani bought a 17th-floor condo last August in a new Manhattan high-rise with floor-to-ceiling windows overlooking the Hudson River. The sun faded Sara Antani’s sofas and made it tough to read her […]

Understanding Short Sales

Posted on: Sunday, August 24th, 2008 in: Market Updates

Selling Property For Less Than What Is Owed To The Bank In today’s real estate market there is an increasing number of homeowners who are no longer able to pay their mortgages.  In the past, this normally meant that the property would end up in foreclosure.  But, today, lenders are open to an alternative way […]

South Florida residential market should feel affects of Opera Tower ruling

Posted on: Wednesday, August 20th, 2008 in: Market Updates

By Risa Polansky – Miami Today    A federal judge’s ruling that threw out dozens of lawsuits claiming a local condo project differed from its advertisement should affect the residential market, experts agree, though they predict varying degrees of impact.    A US district judge in Miami this month tossed out 29 lawsuits that claimed […]

High Times Roll On For High-End Condo Market

Posted on: Wednesday, August 20th, 2008 in: Market Updates

By Albert BozzoSenior Features Editor CNBC.com If you’re looking for a high-end, luxury condominium, there’s more choice out there but you  won’t find any bargains in Boston — or New York, Los Angeles, San Francisco, or even Miami. That’s right, Miami. And don’t make too much of the credit crunch or the housing slump. It […]

The New Miami Heat

Posted on: Monday, August 18th, 2008 in: Market Updates

Ondine Cohane – Conde Nast Daily Traveler  I love Miami. My husband, my best friends, Sarah and Hugo, and I take a ritual weekend there each December to celebrate Sarah’s birthday. We always go after Art Basel (before the holiday frenzy, mind you, so the city feels more chill and less overrun by fellow New Yorkers) […]

Beat banks to deals on preforeclosure properties

Posted on: Sunday, August 17th, 2008 in: Market Updates

Monica Katcher – Miami Herald Reports: What is a preforeclosure? This is property in the foreclosure process but not yet owned by the bank. The borrower is generally 90 days or more late on the mortgage and has about three to six months to resolve the situation before the home is sold at auction. Under normal […]

T-Mobile to Offer First Phone With Google Software

Posted on: Saturday, August 16th, 2008 in: Market Updates

August 15, 2008 By LAURA M. HOLSON and MIGUEL HELFT – New York Times T-Mobile will be the first carrier to offer a mobile phone powered by Google’s Android software, according to people briefed on the company’s plans. The phone will be made by HTC, one of the largest makers of mobile phones in the […]

Miami Beach developer faces default judgment in New York

Posted on: Saturday, August 16th, 2008 in: Market Updates

South Florida Business Journal – by Paul Brinkmann and Oscar Pedro Musibay Leon Cohen, the Miami Beach developer who proposed a 93-story skyscraper in downtown Miami, faces default judgment in New York State Supreme Court over fraud allegations related to a former hotel redevelopment project. New York Judge Walter Tolub wrote the decision against Cohen, […]