Zilbert's Miami Beach and South Beach Real Estate Blog

By DAVID STREITFELD New York Times After a plunge lasting three years, houses have finally become cheap enough to lure buyers. That, in turn, is stabilizing prices, generating hope that the real estate market is beginning to recover. Eight cities, including Chicago, Cleveland, Denver and San Francisco, showed price increases in May, up from four in [...]

By Lynn Adler NEW YORK (Reuters) – U.S. single-family home prices rose in May from April, the first monthly increase in nearly three years, suggesting prices may be stabilizing, according to Standard & Poor’s/Case Shiller home price indexes on Tuesday. The annual rate of decline for the 10- and 20-city indexes improved for the fourth [...]