By MARY BILLARD – New York Times IT was a sunny Monday afternoon, and the scene around the yellow-and-orange cabanas at La Piaggia Beach Club was laid-back and effortlessly chic. Waiters brought trays of chilled rosé, goose pâté and “les mini cheeseburgers.” Women, wearing cunning coverups that manage to cover up nothing, dipped their manicured [...]
By Carl Cronan – GlobeSt.com MIAMI-The 52-story Infinity at Brickell condominium tower has received approval by the Federal National Mortgage Association, according to its developer, the DYL Group. The approval allows condo buyers to seek financing with the institution of their choice at higher loan-to-value ratios and better interest rates.Few projects in South Florida have [...]
May 1, 2009 Miami Beach Dodges a Cold Front By SUSAN STELLIN MIAMI BEACH on a recent Sunday hardly felt like a city experiencing the aftermath of a real estate collapse. There were cars backed up all along Ocean Drive, pedestrians jostling for shady sidewalk space in the heat and buff bodies dancing to a [...]
CONTINUUM NORTH TOWER CONTINUES TO BEAT THE ODDS As we previously-reported, Continuum North Tower continues to lure buyers. Prices have dropped, somewhat, and buyers are finding deals in this new oceanfront tower on South Beach. I have sold 100% of my inventory in Continuum North, and this comes at a time where many were doubting [...]
BY MARTHA BRANNIGAN – Miami Herald mbrannigan@MiamiHerald.com They say you can’t fight County Hall, but thousands of South Florida property owners are trying.With the steep slide in property values, the Miami-Dade Value Adjustment Board has been swamped with a record 70,000 appeals from property owners for 2008, compared with 51,571 a year earlier. In Broward [...]
Here is a general update of real estate and other news from in and around South Beach. * * * KEEPING YOUR FINGER ON THE PULSE OF THE MARKET Curious about what has been selling in and around South Beach recently? Well, here is list of the 100 most-recent closed sales, up to March 27, [...]
ORLANDO, Fla., March 23, 2009 /PRNewswire via COMTEX/ —-Florida’s existing home sales rose in February, making it the sixth consecutive month that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors(R: 26.48, 0, 0%) (FAR: undefined, undefined, undefined%). February’s statewide sales also increased [...]
Short sales, Slow sales – Check out short sale properties, but get ready to play the waiting game CHICAGO (MarketWatch) — Those searching for the best housing bargains on the market might consider buying a short-sale property. But there’s an important qualification for buyers interested in going this route: They need plenty of patience. In [...]
BY MONICA HATCHER – Miami Herald Lending giant Fannie Mae is slapping tough new requirements on mortgages for Florida condos, moves that analysts believe will make it even more difficult to sell units in buildings already starved for residents and struggling financially. The standards, which took effect last week and apply only to Florida, include [...]
Here is a quick update with real estate and other interesting news from in and around Miami Beach. ART BASEL FESTIVAL RENEWED – Miami Beach’s Art Basel festival had its 7th year anniversary last week, and we feared that this may have been its last year in Miami. Well, we just heard that Miami [...]