All Real Estate News Stories

Latest Stories

<< Go Back

Study confirms that toxic drywall impacts health

CDC’s final report finds Fla. homeowners with the drywall had nosebleeds, headaches and breathing problems – and the drywall’s…

2014-05-02 / Read More >>

RealtyTrac: Home flipping down to 3.7% of all sales

Flipping – a purchase and resale in less than six months – dropped in the first quarter of 2014 from 4.1% the previous quart…

2014-05-01 / Read More >>

Flood insurance price break starts today

Buyers of older pre-FIRM properties will receive a premium rate reduction under the new law; and Florida Realtors released a flo…

2014-05-01 / Read More >>

Rule tweak could allow more down payment help

The U.S. tightened mortgage requirements, but a proposal could ease those rules a bit for nonprofit lenders serving lower-income…

2014-05-01 / Read More >>

Survey: What would recent homebuyers do differently?

Chase asked 807 buyers to reflect on a recent purchase. In hindsight, 56% wish they’d known more about the financial aspects of …

2014-04-30 / Read More >>

Floridians’ confidence in economy stays fairly flat

UF: Confidence fell one point this month. “Economy remains on a steady path without any big changes either negative or positive,…

2014-04-30 / Read More >>

Private insurer to take up to 10K Citizens policies

State officials approved the move by Southern Oak Insurance Company, though many homeowners will have a chance to deny the chang…

2014-04-30 / Read More >>

Consumer confidence down but still high in April

The Conference Board index dipped slightly to 82.3, but it’s the second-highest reading since Jan. 2008 after the Board revised …

2014-04-29 / Read More >>

NAR: Pending home sales increase in March

It’s the first upward bump in nine months and a sign that analysts may have been right: Severe winter weather caused the recent …

2014-04-28 / Read More >>

Fla. policyholders less likely to get stuck by a Citizens loss

The state-owned insurer bought more reinsurance. For homeowners with private insurance policies, that means their surcharge risk…

2014-04-25 / Read More >>

TaxWatch: Fla. home construction = growing economy

Report: A boost in home construction shows that Fla. is actively rebounding from the Great Recession. Indirect benefits include …

2014-04-25 / Read More >>

Homebuyers can still find down payment assistance

Help isn’t limited to poverty-level incomes, and in most cases, buyers simply don’t know where to look. A good start: The Florid…

2014-04-25 / Read More >>

March year-to-year sales up 1% in Fla., prices up 11%

RealtyTrac: Sales also rose 1% month-to-month, but sale prices declined slightly: 2%. Also, price increases have slowed in some …

2014-04-24 / Read More >>

645,000 phone numbers now on Fla. Do-Not-Call list

Two years ago, it became free to add a phone number to the state’s do-not-call list. As a result, the list has expanded by 545,0…

2014-04-24 / Read More >>

Stronger home sales should follow a tepid spring

Fitch Ratings: Despite a slow spring home selling season, the economy should continue to improve throughout 2014 thanks to job a…

2014-04-23 / Read More >>

New home sales down in March

HUD and Census: Sales of newly built, single-family homes fell 14.5% – its biggest drop in eight months. Builders blame tight …

2014-04-23 / Read More >>

Fla.’s housing market shows rising prices in March

Single-family home median prices up 7.1% year-over-year, condo prices up 16.7%; single-family sales up 2.8%. NAR: Sales remain s…

2014-04-22 / Read More >>

A top reason buyers aren’t buying? Fear of rejection

Survey: 46% of potential buyers think they won’t qualify for a mortgage, so they don’t try; and 43% incorrectly believe it’s har…

2014-04-22 / Read More >>

New insurance emerging to cover cyber attacks

Could a hacker steal client data – and if so, who would pay for the damage it causes? Cyber insurance, still in its infancy, o…

2014-04-21 / Read More >>

Fla. to insurers: No deductible for crime damage

If a crime causes damage to a home, the owner doesn’t have to pay a property insurance deductible under a 1994 Fla. law – but …

2014-04-17 / Read More >>

Number of homes seriously underwater at two-year low

Fla. ranks second (31%) behind Nevada (34%) for high-negative-equity homes. Of those in foreclosure, 59% are seriously underwate…

2014-04-17 / Read More >>

Fla. issues memo to businesses: Taxes are lower here

Enterprise Florida used tax day, April 15, to give out-of-state businesses a list of low-tax reasons they should consider reloca…

2014-04-17 / Read More >>

High demand for U.S. real estate in 10 countries

Expect more international buyers who consider the U.S. economically stable and safe for investors, along with bargain real estat…

2014-04-16 / Read More >>

Prediction: 50% of buyers in 2020 will be Hispanic

National Hispanic association report: With 47% of U.S. homeownership growth between 2000 and 2013 Hispanic – “This is a story …

2014-04-15 / Read More >>

In May, some flood policy costs revert to 2013 levels

FEMA issued guidelines today for insurers that sell flood policies. In May, the cost for certain affected policies revert to the…

2014-04-15 / Read More >>

Most force-placed insurance following new rules

Change now impacts more than 90% of Fla. policies forced on homeowners by lenders. Fla. review found many practices hurt state’s…

2014-04-14 / Read More >>

HUD renews support for 7,100 local homeless programs

In Fla., about 300 local homeless programs that provide housing and support services to homeless families will receive almost $7…

2014-04-10 / Read More >>

Key to commercial investors: Infrastructure quality

ULI survey: While infrastructure is top deal breaker or maker for 88% of investors, demographic forces (consumer demand, workfor…

2014-04-10 / Read More >>

RealtyTrac: Fla. still No. 1 in foreclosure rates

One in every 407 Fla. homes with a mortgage is in some stage of foreclosure, and eight Fla. cities (200,000-plus population) are…

2014-04-10 / Read More >>

Fannie: Housing stalls but future looks brighter

If consumer attitudes are an indication, home sales will pick up soon. Monthly survey finds positive outlooks about finances and…

2014-04-09 / Read More >>

How do you appraise the value of home’s solar panel?

An appraiser looks at comparable homes to calculate value, but not enough energy-efficient properties exist yet. New Appraisal I…

2014-04-09 / Read More >>

Mortgage Bankers: Commercial lending up in 2013

Report: The dollar volume for commercial and multifamily mortgages closed in 2013, $358.5 billion, was 47% higher than in 2012….

2014-04-09 / Read More >>

Could that 3.5% down payment loan be overpriced?

Critics say hidden Fannie/Freddie fees are federal homebuyer surtaxes – and they’re not needed since risk is mitigated through…

2014-04-09 / Read More >>

NAR and realtor.com launch first joint campaign

Their goal: To drive consumer awareness of Realtors and realtor.com’s value, and to explain the issues that impact buying, selli…

2014-04-08 / Read More >>

First look: New TILA-RESPA compliance guide

On Aug. 1, 2015, mortgage loans become easier for consumers to understand but not easier for lenders to create. U.S. consumer ag…

2014-04-08 / Read More >>

New buyer question: Is my data secure?

Could a hacker tap into clients’ financial data? Americans worry more now thanks to the recent Target data breach, and agents sh…

2014-04-07 / Read More >>

FEMA issues flood insurance update

FEMA explains how it will implement the latest flood insurance law in a seven-page memo. In the short term, some owners may have…

2014-04-04 / Read More >>

Fla. recreational, ranchland transactions down, prices up

2014 “Lay of the Land” report: Closed sales for Fla. rec and ranchlands down 50% over the past year, but the year-over-year medi…

2014-04-03 / Read More >>

U.S. foreclosure inventory down 35% year-to-year

CoreLogic: Fla. had 118,000 completed foreclosures for the month – 136% more than second-place Mich.; as a percentage, its for…

2014-04-03 / Read More >>

Families more willing to move for the woman’s job

Mayflower survey: One in three American households considering a move this year, and women’s careers increasingly drive a decisi…

2014-04-02 / Read More >>

Vacation home sales up in 2013, investment property declines

NAR: Vacation home sales rose and made up 13% of all 2013 transactions; investment homes, while down, made up 20%; and owner-occ…

2014-04-02 / Read More >>

Freddie: No more record-low mortgage rates

While 4.3% rates remain historically low, it’s unlikely they’ll flirt with the 3.31% record set in Nov. 2012 – but 1981’s hist…

2014-04-02 / Read More >>

Study: Vacation rental owners making more money

HomeAway, one of the nation’s largest home rental companies, says 84% of homeowners report stronger bookings year-over-year, eve…

2014-04-01 / Read More >>

NAR’s 30 under 30 class of 2014

One Fla. Realtor, Juan Carlos German with the Carlos German and Team Inc. in Kissimmee, made NAR’s annual list of up-and-coming …

2014-04-01 / Read More >>

Freddie Mac: Fla. most-improved state in past year

It’s also the most-improved state month-to-month in January. Miami, Orlando and Tampa are cited in the index’s top-five for impr…

2014-03-28 / Read More >>

NAR: Commercial outlook positive but moderating

Quarterly forecast finds continued improvement but at a moderate pace. “Companies appear hesitant to add new space,” says NAR ch…

2014-02-24 / Read More >>

Mortgage casualties fall on fewer bank failures

Another positive sign of the U.S. economic rebound: Fewer bank failures. In 2013, 62 failed; in 2012, it was 83; in 2009, 235 ba…

2014-02-24 / Read More >>

‘Boomerang’ buyers get another chance at homeownership

Just 10 days before Christmas 2009, Ganel Appolon found an envelope taped to his front door….

2014-02-23 / Read More >>

Lawyers ripped him off, now a house is his payback

Patrick Coulton’s lawyers ripped him off to the tune of $275,000 and left him to rot in prison….

2014-02-23 / Read More >>

Real estate notebook: GL Homes to start Seven Bridges sales March 8

GL Homes will launch sales March 8 for its new Seven Bridges development west of Delray Beach ….

2014-02-23 / Read More >>

South Florida house prices, listings increase in January

South Florida house prices increased in January — and so, too, did listings as more sellers showed confidence in the revitalize…

2014-02-21 / Read More >>

CWCapital Sees Better than Expected Results in Completes $3.4 Billion Bulk Loan Sale

CWCapital Asset Management LLC has sold the bulk of a portfolio of 134 real estate and commercial mortgage loan assets with an u…

2014-02-21 / Read More >>

DBPR: Watch out for unlicensed real estate agents

Secretary says Fla. will continue improving its “standards and regulations,” and issued a release reminding buyers and sellers t…

2014-02-21 / Read More >>

Fla.’s housing market continues positive trends in Jan. 2014

Single-family sales up 10.2%, condo sales up 9.3% year-over-year; single-family median prices up 12.1%, condo prices up 17%. NAR…

2014-02-21 / Read More >>

Lingerfelt To Lease and Manage 2.1 Million-SF Jacksonville Portfolio

A joint venture comprised of South Norwalk, CT-based Greenfield Partners and Somerset Properties out of Ambler, PA, tapped Linge…

2014-02-20 / Read More >>

Realtor.com: Jan. 2014 data points to homebuying season early start

Realtor.com: Data shows uptick in inventory (3.1% year-over-year) in Jan. 2014, one month earlier than last year. Median list pr…

2014-02-20 / Read More >>

Cost of paying for a home up 21% year-to-year

RealtyTrac: Thanks to higher interest rates and home prices, it costs more each month to buy a home, making housing less afforda…

2014-02-20 / Read More >>

Ask a real estate pro: Lender requires auction on short sale

Q: We are no longer able to pay our mortgage due to a hardship….

2014-02-20 / Read More >>

In The Pipeline: CoStar Development & Construction News for Feb. 19 – 25

JCPenney Taps Team to Develop $2B Project in Plano, TX
JCPenney envisions a massive $2 billion mixed-use development on the vaca…

2014-02-19 / Read More >>

Has the stricter QM mortgage rule slowed lending?

Some experts predicted tighter mortgage rules would slow the rebound, but others remained optimistic. NAR lender survey attempts…

2014-02-19 / Read More >>

Cold-calling less effective as a marketing strategy

A CDC study found that 2 in 5 U.S. homes had only cellphones – no landlines – at the end of 2012, a percentage that rose to 60% …

2014-02-19 / Read More >>

RealtyTrac: Buying a home still beats renting

Home prices and interest rates keep climbing, but it’s still cheaper to buy a house than to rent one in South Florida, acc…

2014-02-19 / Read More >>

Former Howard Johnson’s hotel to be demolished to clear way for luxury condos

What’s left of the former Howard Johnson’s hotel on Fort Lauderdale beach will be torn down Wednesday starting at 8 …

2014-02-18 / Read More >>

Bad weather puts damper on builder confidence

Unusually severe weather across much of the nation – plus ongoing concerns over the cost of labor and lots – caused a 10-point d…

2014-02-18 / Read More >>

Floridians value water but not ready to conserve

UF survey: Interest in water ranked third in a list of public issues behind the economy and healthcare, and ahead of taxes and p…

2014-02-17 / Read More >>

Carl Icahn Returns to Real Estate as Florida Homebuilder

It’s been almost five years since renowned corporate raider Carl Icahn dabbled in residential home building when he was then a…

2014-02-17 / Read More >>

South Florida law firm holding seminars for community associations

A South Florida law firm will hold free seminars Tuesday and Wednesday for community association board members….

2014-02-17 / Read More >>

Sanctuary Centre sells out of developer-owned office space

Commercial real estate market slowly improving, brokers say

With six office condominium sales in recent weeks, the Sanc…

2014-02-16 / Read More >>

Mark at Cityscape apartments planned for Boca

The Mark at Cityscape, a 208-unit apartment complex in Boca Raton , is expected to open early next year….

2014-02-16 / Read More >>

Jewish Federation of South Palm Beach County builds retirement facility

Sinai Residences expected to open in West Boca in late 2015

Seven years ago, the Jewish Federation of South Palm Beach…

2014-02-16 / Read More >>

Ask a real estate pro: Tenants still living in foreclosed home

Q: I recently purchased an investment property at a foreclosure auction….

2014-02-14 / Read More >>

Valentine’s Day note: Buyer’s ‘love’ Fla. homes

At least that’s what Realtors tell potential buyers in listings based on the number of times “love” appears. In HomeFinder surve…

2014-02-14 / Read More >>

New home purchases up sharply in Jan. 2014

Mortgage bankers say new home sales skyrocketed, rising 35% month-to-month. Sales rose so much that MBA went out of its way to a…

2014-02-14 / Read More >>

Most Fla. real estate brokers expect higher profits

Latest Fla. “Profile of Real Estate Firms” finds 70% expecting higher profits over next two years, 46% recruiting agents and 72%…

2014-02-14 / Read More >>

Margaritaville developer launching Hollywood condo project

Positano Beach expected to open in early 2015

Margaritaville developer Lon Tabatchnick has started construction on a b…

2014-02-14 / Read More >>

U.S. House prepares its own flood insurance bill

The good news: A flood insurance fix is moving forward in Congress. However, the House version differs from a four-year delay ap…

2014-02-13 / Read More >>

Fla. had nation’s top foreclosure rate in Jan.

RealtyTrac: One in every 346 Fla. homes faced foreclosure – but fewer owners received first notices (down 33% year-to-year) as n…

2014-02-13 / Read More >>

Fannie Mae announces a ‘sale’ on REO homes

Buyers who submit an initial offer by March 31 and close by May 31 can get up to 3.5% back for closing costs or to pay points th…

2014-02-13 / Read More >>

Commercial investors ‘cautiously optimistic’

NAR: Commercial real estate investments are expected to produce generally solid returns in 2014, according to report….

2014-02-13 / Read More >>

Most consumers now think they qualify for a mortgage

Recovery milestone: The number of Americans (52%) who think it would be easy to get a mortgage is greater than the number who do…

2014-02-12 / Read More >>

In The Pipeline: CoStar Development & Construction News for Feb. 12 – 18

Mitsui Fudosan America Opens San Francisco Office
About a month after announcing a major office development with SKS Partners in…

2014-02-12 / Read More >>

Lady Fitness of America founder sells Fort Lauderdale mansion for $6.5 million

Roger Wittenberns, founder of the Lady Fitness of America health club chain, has sold his Fort Lauderdale mansion for $6….

2014-02-12 / Read More >>

South Florida house sales, prices increase in 2013

South Florida’s housing market in 2013 was a tale of two halves….

2014-02-11 / Read More >>

NAR: Metro areas see solid home-price growth in 4Q 2013

NAR: Metro areas see solid home-price growth in 4Q 2013…

2014-02-11 / Read More >>

Men and women fall in love with a home differently

Men can have weekly crushes and tend to focus on the garage, while women fall in love less often and tend to swoon over updated …

2014-02-11 / Read More >>

Fla.’s housing market gained momentum, strength in 2013

Single-family sales up 11.8%, condo sales up 5.1% and single-family median price up 15.9% year-to-year. NAR: Solid price growth …

2014-02-11 / Read More >>

Downsizings: Planned Job Cuts Surge 50% Led by Retail

After falling to a 13-year low in December, monthly job cuts surged nearly 50% to kick off 2014, as U.S.-based employers announc…

2014-02-10 / Read More >>

Downsizings: Planned Job Cuts Up 50% Led by Retail

After falling to a 13-year low in December, monthly job cuts increased nearly 50% to kick off 2014, as U.S.-based employers anno…

2014-02-10 / Read More >>

NAHB: Housing recovery threatened by flat wages

“A significant amount of pent-up housing demand exists, but for it to be unlocked more rapidly, additional gains in wages must b…

2014-02-10 / Read More >>

Annual home starts increase in Palm Beach, Broward counties

Home starts increased in Palm Beach and Broward counties last year as residential construction continues to grow at a steady pac…

2014-02-10 / Read More >>

Real estate notebook: NHL Commissioner Bettman buys Highland Beach condo

Gary Bettman, commissioner of the National Hockey League, spent $3….

2014-02-09 / Read More >>

Some flood insurance increases delayed until 2015

FEMA: Homeowners “grandfathered” in – those with rates based on earlier flood zone codes – won’t see a rate increase until 2015….

2014-02-07 / Read More >>

Smoke-free condo projects planned for Fort Lauderdale

The developers of a new smoke-free condominium in Fort Lauderdale have announced plans for two other boutique condos in the area…

2014-02-07 / Read More >>

Expired short sale tax relief may impact home sales

While Congress may yet extend IRS tax forgiveness for short sales retroactively, potential sellers could be holding off their ho…

2014-02-06 / Read More >>

Ares Commercial Sells ARIUM Atlantic Beach

Carroll Organization, a privately-held real estate company focusing on multifamily investment, management and development, acqui…

2014-02-06 / Read More >>

Ask a real estate pro: Borrower needs forbearance plan

Q: Several months ago, I lost my job and have been living from savings and keeping current on my bills….

2014-02-06 / Read More >>

Multifamily Bldg Trades for $8.7M

Eagle Property Capital acquired Cross Creek at 1441 Manotak Ave. in Jacksonville, FL from Castle Hill Partners for a little more…

2014-02-06 / Read More >>

In The Pipeline: CoStar Development & Construction News for Feb. 5 – 11

Kilroy Plans Mixed-Use Campus In Hollywood
Kilroy Realty Corp. (NYSE: KRC) has acquired a full city block near Sunset Boulevard …

2014-02-05 / Read More >>

Target’s security problems could impact home sales

Retailers’ recent data breaches could hurt home sales if buyers find themselves with damaged credit and lower scores. Also: How …

2014-02-05 / Read More >>

Farm bill extends rural housing loans

Pres. Obama is expected to sign a farm bill passed by Congress that extends a low-downpayment, low interest loan program used by…

2014-02-05 / Read More >>

GL Homes to launch Seven Bridges development near Delray

Sales at the 742-home luxury community to start in March

GL Homes, the busiest builder in Palm Beach County last year,…

2014-02-05 / Read More >>

Report: Seriously delinquent mortgages persist in South Florida

South Florida’s seriously delinquent mortgage rate has declined over the past four years but still remains the highest of …

2014-02-05 / Read More >>

GL Homes ranks first in Palm Beach County housing starts

GL Homes was the busiest builder last year in Palm Beach County….

2014-02-04 / Read More >>

Market Trend: Jacksonville’s Industrial Vacancy Stays at 9.2%

The Jacksonville Industrial market ended the fourth quarter 2013 with a vacancy rate of 9.2%.

The vacancy rate was unchanged ov…

2014-02-04 / Read More >>

Census Bureau studies Americans’ Internet use

Marketing via the Internet? Its effectiveness depends on your niche. While 71% of younger adults use smartphones, for example, 6…

2014-02-04 / Read More >>

Confidence in 55+ housing market at 7-year high

All parts of NAHB’s 55+ single-family index grew significantly in 4Q 2013: Attitudes about present sales rose 26 points and sale…

2014-02-04 / Read More >>

Former Howard Johnson’s site to feature million-dollar condos

Paramount Fort Lauderdale Beach set to open in 2016

They’re still two years away, but luxury condominiums are coming t…

2014-02-03 / Read More >>

Tight inventory? U.S. still has lots of vacant homes

2.1% U.S. family homes were vacant in 2013’s fourth quarter. In Fla., 2.4% were vacant, ranging from 4.1% in Orlando to 0.7% in …

2014-02-03 / Read More >>

Subprime loans are out – ‘nonprime’ loans are in

Nonprime loans that appeal to high-risk buyers are making a comeback, but lenders retain some stricter rules – like a 30 percent…

2014-02-03 / Read More >>

Life grows after dark on Las Olas Boulevard

Finding fun after dark on Las Olas Boulevard once bordered on impossible….

2014-02-03 / Read More >>

Real estate notebook: Wellington equestrian estate to be auctioned March 1

A 15-acre equestrian estate in Wellington , originally set to be auctioned in December, now will go on the block March 1….

2014-02-02 / Read More >>

FHA to accept more docs with electronic signatures

New policy allows e-signatures on origination, servicing and loss mitigation documents; and FHA insurance claims, REO sales cont…

2014-01-31 / Read More >>

South Florida landowner refinances, buys time to sell

The owner of prime properties in Broward and Palm Beach counties has refinanced the debt, buying more time to sell the land….

2014-01-31 / Read More >>

Gov. Scott’s budget boosts Fla. Div. of Real Estate

In addition to reducing the commercial lease tax, the governor’s budget adds staff to identify license violations. Fla. previous…

2014-01-30 / Read More >>

U.S. home flipping up 16% in 2013

Average gross profit: more than $62,000. Jacksonville saw a 92% year-to-year flipping increase, while Tampa saw one of the bigge…

2014-01-30 / Read More >>

NAR: Dec. pending home sales down 8.7%

Higher home prices and interest rates caused many buyers to pause, but an unusually severe winter also impacted Dec.’s number of…

2014-01-30 / Read More >>

In The Pipeline: CoStar Development & Construction News for Jan. 29 – Feb 4

OC Approves Development Pact with Lowe Enterprises for El Toro Base
The Orange County Board of Supervisors has approved an agree…

2014-01-29 / Read More >>

UF: Floridians more confident about economy

Floridians are happier thanks to a stable housing and stock market, less European economy angst and a pause in Congressional bud…

2014-01-29 / Read More >>

House flipping in South Florida up only 8 percent

Investors focusing on other markets

House flipping in South Florida rose only 8 percent last year after nearly doublin…

2014-01-29 / Read More >>

Case-Shiller index: Home prices up 16.5 percent in South Florida

An index measuring South Florida home prices rose 16….

2014-01-28 / Read More >>

Market Trend: Jacksonville’s Retail Vacancy Decreases to 7.4%

The Jacksonville retail market experienced a moderate improvement in market conditions in the fourth quarter 2013.

The vacanc…

2014-01-28 / Read More >>

Consumer confidence up for second month in a row

Nothing heralds a full rebound like Americans willing to spend money. In Jan., attitudes improved about both the short-term and …

2014-01-28 / Read More >>

Governor: Reduce commercial lease tax by $100M

Rick Scott joined commercial Realtors in Orlando today to announce that his proposed state budget includes a reduction of sales …

2014-01-28 / Read More >>

1,700 foreclosed Floridians to receive $2.5M

National Mortgage Settlement checks go out next week, according to Florida’s attorney general. Each ex-owner should receive $1,4…

2014-01-27 / Read More >>

Real estate notebook: Delray Honda moving to 10-acre site

Ed Morse Automotive Group has sold a 10-acre tract on Federal Highway in Delray Beach to the owner of Delray Honda….

2014-01-27 / Read More >>

New do-not-call rules stop most robocalls

The Federal Communications Commission (FCC)’s new rules ban most automatic, non-human phone calls, including ones to established…

2014-01-24 / Read More >>

Study: U.S. has most of world’s affordable markets

A look at housing costs globally finds U.S. cities a relative bargain compared to most countries: It’s home to 84 of 95 “afforda…

2014-01-24 / Read More >>

The 25 worst, easy-to-guess passwords

Is your password “password” because it’s easy to remember? At No. 2 on the most-common list, it’s also easy for thieves to guess…

2014-01-24 / Read More >>

Luxury housing planned for Hollywood site

Prices in Preserve at Emerald Hills to range from low $600,000s to more than $1 million

Two long-dormant parcels along …

2014-01-24 / Read More >>

South Florida home prices rise, but housing market softens

South Florida’s housing market continued to cool down in December, with prices still rising, but at a slower pace than earlier i…

2014-01-23 / Read More >>

RealtyTrac: distressed sales 16% of 2013 U.S. sales

In Dec., Fla. ranked No. 2 in the number of short sales (14.4% of all transactions) but wasn’t even in the top five for REOs – a…

2014-01-23 / Read More >>

Citizens Ins. launches clearinghouse on Monday

If new property insurance applicants get a quote within 15% of Citizens, they’re ineligible. Renewal applicants affected soon, b…

2014-01-23 / Read More >>

Fla. home sale prices up 11.4% year-to-year in Dec.

Single-family sales up 8.6% compared to Dec. 2012 as market saw 23.3% increase in traditional single-family deals. NAR: Prices, …

2014-01-23 / Read More >>

UCF aims to build retirement community near campus

UCF is planning a retirement community near campus that will allow residents to recapture a bit of their college years, with acc…

2014-01-23 / Read More >>

Fitch Ratings paints rosy picture of 2014 economy

Single-family starts to improve 20%; multifamily volume up 9%; new home sales to advance 20%; existing homes up 2%; new home pri…

2014-01-22 / Read More >>

5 ways buying a house just changed

New mortgage standards tightened the application process, but they also added rules lenders must follow when serving mortgage lo…

2014-01-22 / Read More >>

In The Pipeline: CoStar Development & Construction News for Jan. 22 – 28

Sunset Hopes to Create New Downtown in Bucolic Bay Area Suburb
San Ramon, CA, in the San Francisco Bay Area’s Contra Costa Count…

2014-01-22 / Read More >>

Bitcoin more than a fad for real estate?

To many, online currency (bitcoins) sounds like Monopoly money. But “we’re way past the fad stage,” says expert; bitcoins could …

2014-01-21 / Read More >>

HUD Secretary to appear at town hall meeting

HUD’s Shaun Donovan will answer questions about minority access to housing and mortgages tomorrow, Jan. 22, at 1 p.m. EST in a l…

2014-01-21 / Read More >>

Governor, Cabinet set to approve buying agricultural land

A renewed surge in state spending to shield cattle ranches, water and wildlife from development is up for approval today by Gov….

2014-01-21 / Read More >>

Builder planning luxury homes in Hollywood

Two long-dormant parcels along the north side of Stirling Road in Hollywood are set to be transformed into a $125 million luxury…

2014-01-21 / Read More >>

Fort Lauderdale builder launching West Palm Beach townhomes

Harry Posin’s Villas on Antique Row opening this weekend

Longtime South Florida homebuilder Harry Posin was intrigued …

2014-01-21 / Read More >>

Real estate notebook: Osprey Oaks development nearing sellout

CC Devco has no complaints at Osprey Oaks….

2014-01-20 / Read More >>

NAR: Exterior replacement projects most valuable

A new steel front door remains the top improvement, returning 96.6% of the cost when a home is sold, but 8 of the top 10 were ex…

2014-01-20 / Read More >>

Lennar eyeing townhomes on Davie parcels

Homebuilders struggling to find land in Broward

In the struggle to find available land for new home construction in Br…

2014-01-19 / Read More >>

Aetna Building Trades for $55.5 Million

A joint venture composed of Chicago-based GEM Realty Capital and IP Capital Partners out of Boca Raton, FL closed on the Aetna B…

2014-01-17 / Read More >>

Lenders must follow new appraisal disclosure rules

Starting tomorrow, lenders must offer more info about their loan decision. Buyers will get more time to correct a faulty apprais…

2014-01-17 / Read More >>

Market Trend: Jacksonville’s Office Vacancy Increases to 12.7%

The Jacksonville Office market ended the fourth quarter 2013 with a vacancy rate of 12.7%.

The vacancy rate was up over the p…

2014-01-17 / Read More >>

Florida Realtorsandreg; seeks student scholarship winners

What if you or your client’s child could get help paying for school – and it’s not a loan? Apply for Florida Realtors Education …

2014-01-16 / Read More >>

RealtyTrac: Homes in foreclosure drop 26% in 2013

But Fla. still tops with 25% of all U.S. homes in the foreclosure process, and 3.01% of Fla. mortgaged homes in foreclosure. Ave…

2014-01-16 / Read More >>

South Florida, state lead U.S. in foreclosures

South Florida and the state led the nation in foreclosure activity last year, topping the rankings as lenders and judges moved a…

2014-01-16 / Read More >>

Oak Hill Village Shopping Center Sells for $6.85 Million

Equity One sold the Oak Hill Village Shopping Center at 7628 103rd St. in Jacksonville, FL to Slate Properties for $6.85 million…

2014-01-16 / Read More >>

Honor Realtors who are community volunteers

Realtors who make the world a better place tend to avoid the spotlight, but candidates for NAR’s Good Neighbor Awards win money …

2014-01-15 / Read More >>

Congress agrees to incremental flood insurance fix

Sellers won’t get help, but some current owners would have increases delayed – and FEMA has 60 days to provide a report on ways …

2014-01-15 / Read More >>

Riviera Beach to auction residential, commercial properties

For the first time, the city of Riviera Beach will hold an auction of residential and commercial properties….

2014-01-15 / Read More >>

Clients of closed mortgage relief firm get settlement

Clients who paid about $20 million in fees to a now-closed Fort Lauderdale mortgage relief company and its affiliates are likely…

2014-01-15 / Read More >>

Four of five priciest office markets in Asia

CBRE: When it comes to offices, the U.S. is a relative bargain. In London and Hong Kong, it’s over $200 yearly per sq. ft. – but…

2014-01-14 / Read More >>

Consumers should conduct annual insurance review

Many people don’t understand coverage until something happens. Does a business or homeowner have replacement coverage? Could the…

2014-01-14 / Read More >>

The economy has been set free (for now)

Fannie Mae: Why do things look rosier? Economic uncertainty is gone, at least temporarily, with higher stocks, more jobs and str…

2014-01-13 / Read More >>

David Cassidy drops asking price of Fort Lauderdale digs

David Cassidy’s struggles continue….

2014-01-13 / Read More >>

GL sells 36 homes at Valencia Cove near Boynton Beach

GL Homes said it sold 36 homes this weekend at Valencia Cove near Boynton Beach….

2014-01-13 / Read More >>

In The Pipeline: CoStar Development & Construction News for Jan. 13 – 20

Comcast to Build $1.2B Skyscraper in Philadelphia
Comcast Corp., which just five years ago completed and occupied Comcast Center…

2014-01-13 / Read More >>

Parkway poised for office acquisitions

Orlando-based Parkway Properties real-estate investment trust has about $100 million left from funds raised in its most recent c…

2014-01-12 / Read More >>

Real estate notebook: Lang Realty hits $1 billion sales mark

Lang Realty cleaned up in 2013….

2014-01-11 / Read More >>

Tighter QM lending standards start today

New rules also dictate lender response times. Letter templates posted online can be used to request info or changes; free info b…

2014-01-10 / Read More >>

New crime scheme steals a buyer’s home deposit

Some criminals have figured out a way to hack Realtors’ email accounts, study sale updates and then redirect the deposit. Fla. h…

2014-01-10 / Read More >>

Carroll Locks Up The Indigo Luxury Apts. for $38 Million

Carroll Organization, a privately held multifamily investor and manager based in Atlanta, closed on its third multifamily proper…

2014-01-10 / Read More >>

Deadline Fast Approaching for 2013 CoStar Power Broker Awards!

Were you one of those hard-working enterprising brokers who succeeding in pushing one (or more) last-minute, year-end big deals …

2014-01-10 / Read More >>

Broward County foreclosure lawyer David Stern disbarred

The Florida Supreme Court this week disbarred David J….

2014-01-09 / Read More >>

RealtyTrac: 34% of Fla. homes ‘deeply underwater’

19% of U.S. owners with a mortgage are ‘deeply underwater.’ Fla. ranks second to Nev., with city-by-city comparison putting Orla…

2014-01-09 / Read More >>

Fair Housing: Landlord must accommodate caretaker

A Kansas City company will pay $20,000 for not bending a rule. In the case, a disabled woman needed a caretaker and her sister o…

2014-01-09 / Read More >>

Is bigger better when securing property insurance?

Fla.-owned Citizens retained its lead as the state’s largest property insurer in latest “top 20” numbers released by the Fla. De…

2014-01-09 / Read More >>

Commercial lending to grow in 2014

Mortgage Bankers Assoc. says banks’ desire to lend money will outpace commercial borrowers’ demand. A full 91% of top firms expe…

2014-01-09 / Read More >>

Fla. will gain about 175,000 new jobs in 2014

Pew Charitable Trusts forecast: Fla. expected to be No. 5 state nationally in employment growth percentage, expanding jobs by 2….

2014-01-08 / Read More >>

Will it be easier or harder to get a mortgage?

The qualified mortgage ruled kicks in on Friday, but a handful of experts say many banks with tighter standards could ease up. N…

2014-01-08 / Read More >>

Parkway Properties Pays $52.5M for Orlando Office

Parkway Properties, Inc. (NYSE: PKY) has acquired its co-investor’s 70 percent interest in the Bank of America Center at 390 N. …

2014-01-07 / Read More >>

Fannie Mae: Housing recovery on ‘firm footing’

Consumer attitudes dipped in the fall but have rebounded. Almost half believe home prices will rise in 2014, and one in three th…

2014-01-07 / Read More >>

U.S.: How do we make mortgage closing less painful?

The U.S. Consumer Financial Protection Bureau wants a “more streamlined, efficient” closing process, and it’s accepting suggesti…

2014-01-07 / Read More >>

In The Pipeline: CoStar Development & Construction News for Jan. 5 – 11, 2014

Canadian Investor to Develop Multifamily Tower Near Belltown
One of Canada’s largest institutional investors has purchased a dev…

2014-01-07 / Read More >>

Palm Beach County foreclosure filings fall below 10,000

The number of new foreclosure cases filed last year in Palm Beach County fell to a seven-year low, the Clerk & Comptroller&rsquo…

2014-01-07 / Read More >>

Luxury Boynton Beach rentals sell for $22.5 million

Peninsula on the Intracoastal, a 70-unit luxury rental in Boynton Beach, has traded hands for $22….

2014-01-06 / Read More >>

Active adult market booming for GL Homes

Builder to open nine model homes at Valencia Cove

GL Homes, one of the most respected builders in South Florida, is be…

2014-01-03 / Read More >>

Real estate notebook: Condo supply dwindling in West Palm Beach

Only about 115 downtown West Palm Beach condominiums built during the housing boom remain unsold, according to a report from the…

2014-01-02 / Read More >>

Southeast Rigging Purchases Jacksonville Industrial Bldg

A private investor sold the 40,000-square-foot industrial building at 429 Talleyrand Ave. in Jacksonville to Southeast Rigging f…

2014-01-02 / Read More >>

South Florida home prices rise 15.8 percent in October

Double-digit home price gains continued across South Florida in October, a new report shows….

2013-12-31 / Read More >>

In The Pipeline: CoStar Development & Construction News for Dec. 29 – Jan. 4, 2014

USAA Affiliate Buys Silicon Valley Office Development
USAA Real Estate has acquired America Center, a 430,852-square-foot office…

2013-12-31 / Read More >>

Liberty Sells 49 Properties for $367.7M

Liberty Property Trust (NYSE: LRY) has closed on its sale of 49 properties totaling 4,022,779 square feet and 140 acres across t…

2013-12-30 / Read More >>

Year In Review: 2013’s Top CRE News in Jacksonville

CoStar News continued to cover the biggest deals and dealmakers in commercial…

2013-12-30 / Read More >>

Liberty Completes Sale of 49 Properties for $367.7M

Wrapping up a year of major changes at Liberty Property Trust (NYSE: LRY), the REIT finalized the disposition of 49 properties t…

2013-12-30 / Read More >>

Douglas Elliman hires agent in Palm Beach

Douglas Elliman Real Estate announced that Betsy S….

2013-12-29 / Read More >>

Slower growth expected for South Florida home prices in 2014

It’s been a wild ride for South Florida home prices over the past 14 years….

2013-12-28 / Read More >>

Former Trump condo-hotel fetches $115 million

Unfinished Fort Lauderdale project languished for years

A group that owns the Hilton Fort Lauderdale Beach Resort has …

2013-12-23 / Read More >>

Summit Church sells $1.5M retail center

Summit Church, a megachurch east of downtown Orlando, recently sold a $1.5 million retail center next to its main church facilit…

2013-12-22 / Read More >>

Real estate notebook: Quattlebaum opens new funeral home in West Palm Beach

After nearly 60 years on Olive Avenue in downtown West Palm Beach, Quattlebaum Funeral Home has moved….

2013-12-21 / Read More >>

Prime Fort Lauderdale parcel once owned by Huizenga drawing interest

Waterfront ‘point’ property once owed by H….

2013-12-21 / Read More >>

Mortgage tax forgiveness expires on Jan. 1

But Congress could retroactively extend the tax break – a move NAR calls “likely” – for ex-homeowners who had part of their prin…

2013-12-20 / Read More >>

RealtyTrac: All-cash sales hit new high in Nov.

Fla. led the nation in Nov.: 62.7% of all sales were cash; nationally, it was 42%. Jacksonville and Cape Coral-Fort Myers hot fo…

2013-12-20 / Read More >>

Fla.’s housing market reflects changing conditions in Nov. 2013

Median price up (13.3%, single-family; 17.2%, condos), but drop in cash-only and short sales impacts closed sales. National over…

2013-12-19 / Read More >>

TD Economics: Fla. about to shift into high gear

Forecast: After a six-year lag, economic expansion will help Fla. reclaim its place as a national outperformer, beating U.S. num…

2013-12-19 / Read More >>

South Florida home prices rise, but sales soften

South Florida home prices rose in November, though sales slowed as buyers regained more control over the recovering market….

2013-12-19 / Read More >>

Jacksonville Denny’s Changes Ownership

A private investor purchased a Denny’s restaurant located at 8215 Dix Ellis Trl. in Jacksonville, FL. The restaurant was purchas…

2013-12-19 / Read More >>

National Land Partners Acquires 543-Acre Deep Creek Plantation

Florida Bank Group sold the Deep Creek Plantation in Bryceville, FL, to Williamstown, MA-based National Land Partners, LLC for $…

2013-12-19 / Read More >>

Schmidt Investments Sells 9282 Atlantic Blvd.

Sholes Properties purchased the retail building at 9282 Atlantic Blvd. in Jacksonville, FL, from Schmidt Investments for $1.15 m…

2013-12-19 / Read More >>

South Florida home prices to gain $83 billion in value

It was a spectacular year for South Florida home values….

2013-12-18 / Read More >>

CBRE Arranges $72M Refi for 18 Property Portfolio

CBRE’s Debt & Equity Financing Group secured three loans totaling $72 million to refinance a cross-collateralized portfolio of 1…

2013-12-17 / Read More >>

Forecast: Commercial recovery to accelerate in 2014

Jones Lang LaSalle predicts 10% investment volume growth and “particularly strong gains” from global investors seeking “a much w…

2013-12-17 / Read More >>

CoreLogic: 791K homes get positive equity in 3Q

Fla. No. 2 after Nevada, however, with 28.8% of mortgaged homes still in negative equity. By metros, Orlando (32.3%) and Tampa (…

2013-12-17 / Read More >>

In The Pipeline: CoStar Development & Construction News for Dec. 15 – 21

American Express to Buy Land for S. Florida Consolidation

After considering other states, American Express has confirmed it is …

2013-12-17 / Read More >>

Lauderdale Beachside Hotel sold for $17 million

A foreign investment group has paid $17 million for the Lauderdale Beachside Hotel and plans to renovate the rundown property in…

2013-12-17 / Read More >>

URS Capital Partners Acquires First Multifamily Asset in Florida

Real estate investment company URS Capital Partners in Huntington, NY, has entered the Florida market with its recent acquisitio…

2013-12-16 / Read More >>

Luxury Fort Lauderdale condo bans smoking inside units

AquaVita Las Olas to open in late 2014

When the AquaVita Las Olas condominium opens late next year in the Hendricks Isl…

2013-12-16 / Read More >>

Gov. Scott appoints Realtors to FREC

Roger Enzor is FREC’s new chair, and Poul Hornsleth is the new vice chair. Dick Fryer appointed to FREC and Chip Boring was reap…

2013-12-16 / Read More >>

Builder planning Pompano Beach townhomes

A South Florida developer announced plans Monday to build an $11 million boutique townhome project across the street from the oc…

2013-12-16 / Read More >>

Florida Supreme Court issues HOA ruling

A housing developer that provided “essential services,” such as roads and sewers, may be responsible for later problems under an…

2013-12-16 / Read More >>

FHA finances improve

Annual audit finds a more stable FHA. While agency added some rules and changed fees for buyers seeking a mortgage, audit finds …

2013-12-16 / Read More >>

Real estate notebook: Off-campus housing a boon for Boca firm

The semester ended Friday at Florida Atlantic University, but there won’t be much of a holiday break for the off-campus housing …

2013-12-15 / Read More >>

Home for the holidays: Eviction moratorium

Homeowners being evicted by Fannie Mae and Freddie Mac won’t be kicked out over the two-week holiday period, along with a few pr…

2013-12-13 / Read More >>

Citizens proposes settlement for sinkhole litigation

Company urges owners to follow original engineer’s recommendation, but it will allow an independent mediator to review options a…

2013-12-13 / Read More >>

SBA program helps disadvantaged owners

Small Business Administration program offers special help to firms that are at least 51% owned and controlled by someone with an…

2013-12-13 / Read More >>

HUD releases its qualified mortgage (QM) definition

Its rule mirrors other agencies’ versions of the qualified mortgage (QM) rule and covers all loans insured, guaranteed or admini…

2013-12-12 / Read More >>

It’s (almost) official – foreclosure crisis is over

RealtyTrac: The number of Fla. owners entering the foreclosure process dropped 46% year-to-year; national numbers down 32% to lo…

2013-12-12 / Read More >>

Orlando ranks 6th in nation for foreclosures, report finds

Orlando had the sixth highest foreclosure rate in the nation during November – edging up from seventh place the month befo…

2013-12-12 / Read More >>

HCA Realty Pays $2.4M For Orange Park Professional Center

HCA Realty acquired the 21,492-square-foot medical office buil…

2013-12-12 / Read More >>

Economists: Fla.’s housing sector will grow in 2014, but at slower pace

Florida Realtors held its annual economic summit yesterday. Chief Economist predicts 10% residential growth and the modest comme…

2013-12-11 / Read More >>

Ignore news reports: 2013 had few natural disasters

CoreLogic: Hurricanes, tornadoes and floods? Fewer problems in 2013. Only the number of sinkhole disasters increased, hitting Fl…

2013-12-11 / Read More >>

Trulia’s turn for 2014 forecast: In short, optimism

While the real estate market still has healing to do, online web ad site says existing home sales are 79% of “normal” compared t…

2013-12-11 / Read More >>

RealtyTrac: South Florida foreclosure auctions increase

More existing foreclosure cases are moving through the court system, a sign that the lengthy crisis is slowly winding down, anal…

2013-12-11 / Read More >>

CityPlace condo tower accused of discrimination

A non-profit housing group alleges racial discrimination in a lawsuit filed Monday against the operators of the South Tower City…

2013-12-10 / Read More >>

In The Pipeline: CoStar Development & Construction News for Dec. 8 – 14

JLL Outlook: CRE Construction Industry Emerges from Downturn Leaner, More Diverse

The U.S. commercial construction sector is f…

2013-12-10 / Read More >>

Related Group opening Plantation apartments

The Related Group celebrates the opening Thursday, Dec….

2013-12-10 / Read More >>

FHFA takes more steps to minimize Fannie, Freddie

Fed agency over Fannie Mae and Freddie Mac says it will charge lenders more, which could make it a bit more challenging for buye…

2013-12-10 / Read More >>

Soaring Orlando home values will slow in 2014, real estate experts predict

For homeowners throughout Florida, the year 2013 will be a tough act to follow.

Economists at a real estate summit in Orlando T…

2013-12-10 / Read More >>

In Play? Two REITs Face Decisions as Suitors Come Knocking

As investors expand their search for deals, perceived “underperforming” REITs are drawing more and more attention. That was …

2013-12-09 / Read More >>

Market Trend: Jacksonville’s Industrial Deliveries, Construction and Inventory

During the third quarter 2013, no new space was completed in the Jacksonville market area.

This compares to two buildings tota…

2013-12-09 / Read More >>

Fla. officially has 12.7K homeowners associations

A new law requiring HOAs to register with the state by Nov. 22 found 12,721 associations representing about 2.5 million parcels….

2013-12-09 / Read More >>

HUD: New FHA loan limits take effect Jan. 1

Current cap in areas with relatively low housing costs remains unchanged at $271,050; but the high-cost area cap drops from $729…

2013-12-09 / Read More >>

Cautious consumers stall housing momentum

Fannie Mae analysis: If the housing rebound loses steam, it will likely happen because recession-burned Americans still lack fai…

2013-12-09 / Read More >>

Esperante office building sold for $71 million

Esperante, one of the most prestigious office buildings in downtown West Palm Beach, has been sold to an investment group for $7…

2013-12-09 / Read More >>

Condo conversions draw foreign buyers

The slice of Orlando-area commercial real estate that drew the most foreign investment during the third quarter was condominium …

2013-12-08 / Read More >>

Higher home prices lift spirits of ‘underwater’ borrowers

Many are able to finally sell as housing market rebounds

Katie Jaffe bought a two-bedroom Tamarac villa in 2004….

2013-12-08 / Read More >>

FHA loan limits to drop next year in South Florida

The federal government announced Friday it’s lowering home loan limits in South Florida and across the country next year….

2013-12-07 / Read More >>

Home prices swing back in areas hit hard by foreclosures

In one of the hottest years on record for Orlando-area home prices, an unlikely mix of communities — Maitland, Pine Hills,…

2013-12-07 / Read More >>

Real estate notebook: KAST Construction expanding

Business is booming at KAST Construction….

2013-12-07 / Read More >>

Market Trend: Jacksonville’s Retail Deliveries, Construction and Inventory

During the third quarter 2013, seven buildings totaling 50,934 square feet were completed in the Jacksonville retail market.

O…

2013-12-05 / Read More >>

New NAHB index finds U.S. markets at 86% of ‘normal’

Of the nation’s 350 metro areas, 54 (15%) have shaken off the recession and returned to a normal level of economic and housing a…

2013-12-05 / Read More >>

‘Tis the season for economic real estate predictions

According to Zillow, home values will rise 3% in 2014, mortgages will be easier to get, mortgage rates will hit 5%, and two Fla….

2013-12-05 / Read More >>

George Moore Chevrolet Sells Beach Blvd. Property

TriBridge Residential, a leader in multifamily real estate, purchased the retail property at 711 Beach Blvd. in Jacksonville Bea…

2013-12-05 / Read More >>

Foreclosures down – but not for high-end homes

RealtyTrac: Foreclosure activity on homes valued at $5 million-plus is up 61% compared to 2012, with South Fla. and Orlando two …

2013-12-04 / Read More >>

Real estate: Should you rent or buy in 2014?

While home prices have risen, interest rates remain historically low, even if up a bit year-to-year. The cost of renting, howeve…

2013-12-04 / Read More >>

Seminar to address tax issues for snowbirds

Three attorneys will conduct free seminars Dec….

2013-12-04 / Read More >>

CoStar Launches New Multifamily Offering Backed by Largest Database of U.S. Apt. Properties

With the launch this week of CoStar Multifamily(TM), CoStar adds a valuable new dimension to its service, making the same powerf…

2013-12-04 / Read More >>

Cohen Arranges Debt, Equity Financing for $30M Condo Development

Cohen Real Estate Capital LLC procured preferred debt and equity financing for the development of a planned 86-unit residential …

2013-12-03 / Read More >>

Bargain-hungry shoppers invade Orlando stores on Thanksgiving

Central Florida die-hard deal seekers cut short Thanksgiving Day gatherings to begin their Christmas shopping earlier than ever …

2013-11-28 / Read More >>

Fla.’s consumer confidence bounces back in Nov.

In contrast to national outlook, Floridians are feeling more optimistic: UF’s index rose 6 points – and many think it’s a good t…

2013-11-27 / Read More >>

Conforming loan limits unchanged in 2014

FHFA announced yesterday that Fannie and Freddie’s $417,000 conforming loan limit in most Fla. areas would remain the same throu…

2013-11-27 / Read More >>

Black Friday: Here’s what you need to know

The Super Bowl of shopping has arrived.

People will jam stores and shop for online bargains across Central Florida and beyond, …

2013-11-27 / Read More >>

Black Friday Orlando draws deal-seekers

The poinsettias at Home Depot were a good bargain this year, at 99 cents a piece.  Jim Hurlburt had a minivan full of the fresh…

2013-11-27 / Read More >>

Case-Shiller: South Florida home prices increase in September

South Florida home prices rose in September, capping a strong third quarter, a new report shows….

2013-11-26 / Read More >>

National consumer confidence declines again in Nov.

Consumers currently have mixed feelings: They’re more positive about jobs but more anxious about the economy. The index edged do…

2013-11-26 / Read More >>

Transitional land deals stage a comeback

The somewhat risky buying and selling of land with development potential has picked up again, though its hotness depends on loca…

2013-11-26 / Read More >>

Help delay changes to national flood program

Realtor Call for Action: NFIP program changes derail home sales and harm Fla. owners. Take a few minutes to tell Congress it mus…

2013-11-26 / Read More >>

JPMorgan Bucking Bank Branch Closing Trend

U.S. banks have closed nearly 1,600 bank branches this year while opening just 950. The net loss of locations continues a trend …

2013-11-25 / Read More >>

In The Pipeline: CoStar Development & Construction News for Nov. 24 – 30

Hudson Yards Land Continues to Draw Strong Developer Interest

Already hot land prices on the far west side of Midtown Manhatta…

2013-11-25 / Read More >>

Pending sales slip in Oct., expected to level out

NAR economist: The weaker activity was expected due to the government shutdown and some lending restrictions. The pending sales …

2013-11-25 / Read More >>

‘I bought a house – what can I deduct on my taxes?’

Many buyers know homeownership comes with a tax advantage, but they get lost in the details. Here’s a primer….

2013-11-25 / Read More >>

RealtyTrac: As home prices rise, short sales decline

Higher home prices in South Florida are reducing the need for so-called short sales, new data from RealtyTrac Inc….

2013-11-25 / Read More >>

Facebook hot spot for ‘yard sale’ bargains

Hundreds of people descend weekly on a Tavares church field, not for an uplifting religious service but to pocket cash by unload…

2013-11-24 / Read More >>

Office vacancy rate down for 3rd quarter

Asking rents for office space declined slightly despite increased leasing throughout the Orlando area during the third quarter c…

2013-11-24 / Read More >>

Spec homebuilders see opportunity in revived market

Rick Bell unveiled plans this month to build Palazzo Paradiso, a 24,000-square-foot estate in Southwest Ranches….

2013-11-23 / Read More >>

Top lenders forecast housing market gains

New ability-to-repay rules start in Jan. While tighter lending may hurt marginal buyers and cut down on some mortgage amounts, i…

2013-11-22 / Read More >>

Real estate notebook: Former ADT, Grace building fetches $12.7 million

An upscale Boca Raton office building that once served as the corporate headquarters for W….

2013-11-22 / Read More >>

TaxWatch study: How does flood ins. impact Fla.?

Floridians paid $3.60 in flood premiums for every $1 that came back to cover damages. Overall, 13% of state flood policies could…

2013-11-21 / Read More >>

Citizens sinkhole changes to boost real estate market

Underwriting changes allow homes Citizens previously turned down based on sinkhole history to now qualify for coverage….

2013-11-21 / Read More >>

Doctor charged with selling drugs to local DEA agents via Silk Road

Federal drug agents in Orlando spent the summer buying painkillers, sedatives and other drugs from the underground — and n…

2013-11-21 / Read More >>

Fully Leased Apt. Complex in Daytona Beach Fetches $1.2M

A private investor acquired Branches East Apts. at 416 North Grandview Ave. in Daytona Beach, FL for $1.2 million, or about $43,…

2013-11-21 / Read More >>

Jacksonville Industrial Bldg. Trades for $3.5M

An affiliate of the Conser Group acquired the 285,000-square-foot industrial building at 8451 Western Way in Jacksonville from D…

2013-11-21 / Read More >>

October home prices up in Palm Beach, Broward counties

South Florida home prices increased in October, but the region’s housing market is losing some of its sizzle, real estate agents…

2013-11-20 / Read More >>

Multifamily market off peak but still positive

Outlook for apartments remains strong. NAHB economist predicts “continued improvement through 2015 but at a decreasing rate.”…

2013-11-20 / Read More >>

Fla.’s housing market continues on positive track in Oct.

Closed sales (6.5%), median price (16.6%) and pending sales (3.4%) rose for single-family homes. National total sales up 6% year…

2013-11-20 / Read More >>

Homebuilder confidence holds steady in Nov.

U.S. builders have viewed the market with optimism for six months in a row, though some worry about the way future government ac…

2013-11-19 / Read More >>

Realtors to Congress: Hit the pause button on changes to flood program

Realtor Call for Action: NFIP program changes derail home sales and harm Fla. owners. Take two minutes today to tell Congress it…

2013-11-19 / Read More >>

New home starts rise in Palm Beach, Broward counties

Housing starts increased across South Florida in the third quarter, new data show….

2013-11-18 / Read More >>

Census: About 36M Americans moved in the last year

About one in 10 U.S. residents found a new place to live in 2013 – slightly less than in 2012 yet more than 2011, the slowest re…

2013-11-18 / Read More >>

Apartments coming to site at Lake Nona

When a group of Winter Park investors purchased a prime corner near Lake Nona’s Medical City for $9 million in 2008, they had ho…

2013-11-17 / Read More >>

Stores pull out stops to woo holiday shoppers

Central Florida retailers are opening earlier and offering deeper discounts in what’s expected to be a fierce competition for ho…

2013-11-16 / Read More >>

Real estate notebook: Boca homeowner offering Rolls Royce as part of sale

Boca mansion sweetens deal with a Rolls Royce2013-11-16 / Read More >>

NAR: Commercial market recovery remains uneven

Smaller transactions, properties under $1 million, is moving incrementally. But expensive properties priced above $2 million are…

2013-11-15 / Read More >>

Progress slow at former Fashion Mall site

Owner says major project planned, but questions persist

The owner of the former Fashion Mall in Plantation says it’s in…

2013-11-15 / Read More >>

Fla. modifies informal wetland determination fee

Development by a property owner can be difficult if the parcel contains a wetland. Fla. offers an informal survey, but it modifi…

2013-11-14 / Read More >>

Cities had higher home prices drops in recession

Census Bureau: The recession and rebound had little impact on home prices in smaller counties as bigger counties with major citi…

2013-11-14 / Read More >>

U.S. homes sell 30 days faster year-to-year

Zillow says real estate ads on its website were active 30 days less in Sept. 2013 than in Sept. 2012 – 86 days compared to 116 d…

2013-11-14 / Read More >>

Rental-home business moves to Wall Street

Instead of just phoning a local landlord, house renters in Orlando may soon be dealing with call centers and centralized mainten…

2013-11-14 / Read More >>

Foreclosure auctions jump in South Florida

The number of foreclosed homes scheduled for the auction block in October skyrocketed by 76 percent in Palm Beach County compare…

2013-11-14 / Read More >>

Landon Imperial Apts. Has New Owner

The 80-unit Landon Imperial Apts. sold to a private investor for $2.3 million, which equates to $28,750 per unit. The property i…

2013-11-14 / Read More >>

Inland Real Estate Partners With Australian Firm to Develop Grocery-Anchored Retail

Inland Real Estate Corp. (NYSE:IRC) announced it has formed a joint venture with an affiliate of Melbourne, Australia-based MAB …

2013-11-13 / Read More >>

NAR: Florida Realtors’ YPN ‘State Network of the Year’

Young Professionals Network honored for “effective involvement” with assoc., community and representing strength of young expert…

2013-11-13 / Read More >>

Code of Ethics 100 years old but still growing

The “set of principles that define the professionalism that Realtors bring to the real estate transaction” now includes gender i…

2013-11-13 / Read More >>

HUD tool estimates a home’s transportation costs

One online tool calculates a homeowner’s transportation costs based on data and addresses they input; a second tool provides a c…

2013-11-13 / Read More >>

NAR forecast: Price gains to drive housing growth

Economist: For total sales to rise, U.S. needs to step up home construction to boost inventory, but tight underwriting and highe…

2013-11-12 / Read More >>

Free Craigslist ads? They’re now more challenging

If a homebuyer can’t click a link to view a home, will they cut-and-paste a URL? New policy makes users wonder what’s happening …

2013-11-12 / Read More >>

Free foreclosure seminar scheduled for Hollywood

A free foreclosure prevention workshop will be held Thursday, Nov….

2013-11-11 / Read More >>

Trends: The top issues that will impact real estate

NAR convention: What issues are on the horizon that could potentially impact homeowners, real estate markets and the industry?…

2013-11-11 / Read More >>

Condo sales challenge: Restrictive FHA rules

NAR: While condos make good first-time homes, FHA has cut back on the number of buildings it approves – 60% were denied in 2013 …

2013-11-11 / Read More >>

On Veterans Day, help a service member buy a home

Realtors can give the ultimate thank you to the men and women who put their lives on the line by helping military men and women …

2013-11-11 / Read More >>

Predictive analytics to boost real estate business

NAR: Data generally shows what already occurred, but researchers are now trying to use that data and other variables to predict …

2013-11-11 / Read More >>

Orlando Health chooses two team finalists for Lucerne site makeover

Orlando Health has pre-qualified and shortlisted two development teams for the redevelopment of the Lucerne Pavilion site, offic…

2013-11-11 / Read More >>

CoreLogic to lay off 68 workers in Sunrise

CoreLogic has notified the state that it is laying off 68 people in its Sunrise office….

2013-11-11 / Read More >>

Real estate notebook: One Thousand Ocean condo in Boca sells out

That’s a wrap for the One Thousand Ocean condominium in Boca Raton ….

2013-11-09 / Read More >>

Homebuyers looking for luxuries as market rebounds

Builders are busy again now that the housing market is rebounding….

2013-11-09 / Read More >>

Body cameras shed light on worst moments faced by cops

Police work is rarely pretty.

But the worst of it — including shootings — is generally never seen by the public.

T…

2013-11-08 / Read More >>

Realtor Code of Ethics celebrates 100th anniversary

NAR president: The Code “demands high standards of professional conduct and training andhellip; (it’s) the golden thread that bi…

2013-11-08 / Read More >>

Market Trend: Jacksonville’s Vacancy Decreases to 9.2%

The Jacksonville Industrial market ended the third quarter 2013 with a vacancy rate of 9.2%.

The vacancy rate was down over t…

2013-11-08 / Read More >>

Redfin: S. Fla. home sellers cut asking prices in October

More Palm Beach County home sellers are lowering their asking prices, another indication that the housing market has softened, a…

2013-11-08 / Read More >>

Kite Realty Closes On $307M Retail Portfolio

Kite Realty Group Trust (NYSE: KRG) agreed to acquire a nine-property retail portfolio totaling approximately two million square…

2013-11-08 / Read More >>

Kite Realty Buying $307 Million Retail Portfolio

Kite Realty Group Trust (NYSE: KRG) is significantly expanding its retail property portfolio in four states with a deal to acqui…

2013-11-08 / Read More >>

Commercial rebound to focus on secondary markets

PwC US and ULI: The next phase of the commercial rebound will begin in 2014 as investors consider more profitable deals in secon…

2013-11-07 / Read More >>

Sims Crane & Equipment Pays $1.3M for Jacksonville Industrial Site

Sims Crane and Equipment Co., a Tampa-based premier crane and equipment provider, acquired the 7,000-square-foot industrial site…

2013-11-07 / Read More >>

Low-income families could face housing crunch

A non-partisan workforce housing group in Washington says a sequestration cut in money for housing vouchers could end aid for 18…

2013-11-07 / Read More >>

U.S. Treasury to host short sale seminar/webinar

Free two-hour event for agents and brokers takes place in S. Fla. on Nov. 22, but webinar access will allow Realtors throughout …

2013-11-07 / Read More >>

QR Capital Sells 186-Unit Multifamily Complex in Jacksonville

QR Capital sold a multifamily complex in Jacksonville, Fla. to Pacifica Cos. for $6.6 million, or approximately $35,000 per unit…

2013-11-07 / Read More >>

In The Pipeline: CoStar Development & Construction News for Nov. 3 – 9

Apple to Build Manufacturing Facility in AZ
Apple will build its newest U.S. manufacturing facility in Mesa, AZ, creating at lea…

2013-11-06 / Read More >>

Fla.’s housing market continues upswing in 3Q 2013

Closed sales (17.3%), median price (18.6%) rose for single-family homes; condo sales up (11.3%), price (23.8%). National single-…

2013-11-06 / Read More >>

S. Fla. housing market stays hot in third quarter

South Florida saw steady increases in home prices and sales during the third quarter, local Realtor boards said Wednesday….

2013-11-06 / Read More >>

Rules restrict lenders use of force-placed insurance

A loan servicer can no longer receive a commission or fee from an insurer for force-placed insurance policies if Fannie Mae or F…

2013-11-06 / Read More >>

Americans prefer mixed-use, walkable communities

NAR: 52% like single-family homes with large yards, but 78% say neighborhood trumps house size; and 55% would trade a big yard f…

2013-11-06 / Read More >>

53-unit One Thousand Ocean condo sells out

That’s a wrap for the One Thousand Ocean condominium in Boca Raton….

2013-11-05 / Read More >>

HUD settles with BofA over lending discrimination

HUD alleged that Bank of America refused two mortgage applications because a woman was pregnant, which violates the Fair Housing…

2013-11-05 / Read More >>

Delinquent borrowers more optimistic about ownership

Fannie Mae study: Many homeowners facing foreclosure still value owning over renting. Many even still consider real estate a rel…

2013-11-05 / Read More >>

Market Trend: Jacksonville’s Vacancy Stays at 7.9%

The Jacksonville retail market did not experience much change in market conditions in the third quarter 2013.

The vacancy rate…

2013-11-04 / Read More >>

Survey shows lingering impact of tight credit

NAR’s 2013 Home Buyers and Sellers Survey: Tight mortgage-lending standards blocking some from homeownership, notably singles an…

2013-11-04 / Read More >>

SBA has no-fee loans for small businesses

Small Business Administration: Loans under $150,000 now have no fees, and “often help finance new startups and entrepreneurs in …

2013-11-04 / Read More >>

Many homeowners will soon be unable to stay with state-backed insurer Citizens

Come January, tens of thousands of Floridians who have Citizens property insurance will no longer have the power to decide wheth…

2013-11-03 / Read More >>

Finish with a flourish: Year-end housing tips

Buyers may face less competition during the holiday season

South Florida’s 2013 home buying bonanza is slowing down as …

2013-11-02 / Read More >>

Real estate notebook: Wellington equestrian estate up for auction

A 15-acre horse estate in Wellington hits the auction block Dec….

2013-11-02 / Read More >>

Recovery requires steady hand in Washington

NAR’s pending sales stats dropped last month due in part to the gov’t shutdown. Future shutdown debates, such as one in Jan., co…

2013-11-01 / Read More >>

More Americans quitting their jobs

An increasing number of people feel they have the freedom to quit. That implies confidence but could also spark home sales to pe…

2013-11-01 / Read More >>

Magic set to move on $100M downtown entertainment center

If the deal goes down as expected Monday, the Orlando Magic will buy the city’s police headquarters and a public parking garage …

2013-11-01 / Read More >>

HUD: HOA rules don’t trump access for disabled

The Fair Housing Act also applies to homeowners associations. Nev. HOA fined $65K and told it must allow a family to park an amb…

2013-10-31 / Read More >>

Analysis: For a better deal, buy a pre-1990 home

RealtyTrac: Many buyers fear older homes because they might need expensive repairs, but they can save an average 9% over the cos…

2013-10-31 / Read More >>

CoreLogic: 51,000 completed foreclosures in Sept.

U.S. homes facing foreclosure dropped 33% year-to-year, but Fla. in top spot for percent of homes in the process (7.4%) and tota…

2013-10-31 / Read More >>

Boat show a target-rich environment for real estate agents

Real estate agent Jill Eber figures anyone buying a megayacht this weekend may be in the market for a mansion, too….

2013-10-31 / Read More >>

Office Building in Ponte Vedra Lakes Sells for $3.6M

Asutosh Hotels sold the property at 220 Ponte Vedra Park Dr. in Ponte Vedra Beach, Fla. to a private investor for $3.6 million, …

2013-10-31 / Read More >>

Jacksonville’s Park View Place Sells for $2.2M

Mandarin Collision Center acquired Park View Place at 6226 Barnes Rd. S. in Jacksonville, Fla. from The Dore Group for $2.2 mill…

2013-10-31 / Read More >>

Floridians’ confidence shaken by gov’t shutdown

UF’s index declined slightly before fed shutdown, but Oct. numbers hit a level not seen since Dec. 2011. Fear of a national defa…

2013-10-30 / Read More >>

CoreLogic more optimistic about Broward home prices

The CoreLogic research firm is more bullish about Broward County home prices now than it was nearly three months ago….

2013-10-30 / Read More >>

In The Pipeline: CoStar Development & Construction News for Oct. 27 – Nov. 2

Developers Flesh Out Massive Projects Near New 49ers Stadium
As construction moves forward rapidly on Levi’s Stadium in Santa …

2013-10-29 / Read More >>

South Florida home price index up 13.5 percent in August

An index measuring South Florida home prices rose 13….

2013-10-29 / Read More >>

House-Senate plan could delay flood ins. increases

Fla. Sen. Nelson announced a bipartisan deal to delay flood insurance rate hikes. It’s a ray of hope for buyers and sellers, but…

2013-10-29 / Read More >>

SandP: Home prices rise 12.8% year-to-year

Compared to July, the 10-City and 20-City Composites gained 1.3% in Aug. A look at all cities finds the highest overall yearly p…

2013-10-29 / Read More >>

October consumer confidence takes a dip

The federal shutdown hurt U.S. consumers’ outlook, and the confidence index fell 9 points this month. Expect volatility over the…

2013-10-29 / Read More >>

Boca real estate club to hold interactive seminar

The Boca Real Estate Investment Club will hold an interactive seminar at its next monthly meeting Nov….

2013-10-28 / Read More >>

Then and now: A decade of technology in real estate

NAR: Tech has advanced at breakneck speed: 10 years ago, smartphones didn’t even exist. Still, only 41% of buyers consider tech …

2013-10-28 / Read More >>

Pending home sales continue slide in Sept.

It’s the first time in 29 months that pending sales fell below a year-to-year comparison. NAR economist blames higher interest r…

2013-10-28 / Read More >>

SunRail access: Newest amenity touted by real-estate agents

The three-bedroom, three-bath townhome in Sanford has an island kitchen with stainless-steel appliances and a selling feature ne…

2013-10-26 / Read More >>

Buyers paying above appraised value for their dream homes

Mindset is changing as prices rise, competition heats up

Ryan Williams had been house hunting, off and on, for two yea…

2013-10-26 / Read More >>

Real estate notebook: Homebuyers crave more negotiating power

Sellers still have the advantage, but the gap is closing

Palm Beach County ‘s housing market still tilts toward seller…

2013-10-26 / Read More >>

White paper: New mortgage rules are reasonable

Proposed qualified mortgage rules “limit the risk of default without excluding large numbers of creditworthy borrowers,” says ad…

2013-10-25 / Read More >>

Trophy Multifamily Asset Sells in Jacksonville for $53.3M

Miami-based Crescent Heights closed on its acquisition of The Strand, a 295-unit apartment building located at 1401 Riverplace B…

2013-10-25 / Read More >>

Hit pause button on law to protect Florida’s economy

Editorial: Florida Realtors’ President Dean Asher tells Orlando Sentinel readers why U.S. should delay new flood insurance rules…

2013-10-25 / Read More >>

Appraisal Institute: Expect continued growth

Survey: Residential appraisers top areas of anticipated growth include mortgage lending, reviews, REO/foreclosures/short sales a…

2013-10-24 / Read More >>

New Owner Closes On Jacksonville Embassy Suites

San Diego-based Prospect Street Hotel Partners purchased a 277-room Embassy Suites Hotel in Jacksonville, FL for $8.8 million, w…

2013-10-24 / Read More >>

Investors bought 14% of U.S. homes in Sept.

RealtyTrac: 62% of Jacksonville sales were all-cash with high number (23%) bought by investors. Miami (69%) and Tampa (62%) also…

2013-10-24 / Read More >>

Hayden Cutler Co. Sells Lem Turner Shopping Center

Hayden Cutler Co. sold the retail property located at 3200 Armsdale Rd. in Jacksonville, FL, to a partnership consisting of two …

2013-10-24 / Read More >>

In The Pipeline: CoStar Development & Construction News for Oct. 20 – 26

Survey: Financing Constraints Putting a Brake On Apartment Development
In another sign that U.S. apartment market conditions are…

2013-10-23 / Read More >>

Overview: What’s happening in real estate

The real estate market rarely remains steady – it’s almost always in transition. Today, prices are notably higher, sales down a …

2013-10-23 / Read More >>

Report: Florida a housing market to watch in 2014

Home price spikes in Las Vegas, Phoenix and other parts out west got most of the pub this year, but Florida’s housing mark…

2013-10-23 / Read More >>

Feds could change flood insurance rules for lenders

Proposed rule forces lenders to accept private flood ins. policies, offer owners a monthly escrow billing cycle, and other thing…

2013-10-23 / Read More >>

University Center Trades for $3M in Jacksonville

A West Hollywood property investment firm acquired the approximately 44,000-square-foot retail center located on University Blvd…

2013-10-23 / Read More >>

Haunted house? 62% would consider buying one

Realtor.com: While most buyers say they would consider a supposedly haunted house, far fewer would do so if they actually saw si…

2013-10-22 / Read More >>

Realtor.com enhances mobile rentals app

Users can get notifications if close to rental property they previously visited or saved as a favorite. It also adds new Apple s…

2013-10-22 / Read More >>

Could Advance Auto Parts, CarQuest Merger Create Retail Real Estate Spare Parts?

Advance Auto Parts Inc., one of the biggest retailers of automotive aftermarket parts, agreed to acquire one of its major compet…

2013-10-21 / Read More >>

Broward County home prices climb in September

Broward County’s median home price of $270,000 jumped 32 percent in September from a year ago, the Greater Fort Lauderdale…

2013-10-21 / Read More >>

2nd story test 10 21

2nd story test 10 21…

2013-10-21 / Read More >>

FHA to real estate: Expect a few delays

While most mortgage-funding functions weren’t impacted by the shutdown, FHA says it still has a “considerable backlog of work” a…

2013-10-21 / Read More >>

New healthcare rules impact on small businesses

The U.S. Small Business Administration has scheduled two webinars and invited small business owners to participate. Each include…

2013-10-21 / Read More >>

Private Investor Buys 5990-SF Building in Jacksonville

A private investor acquired a 5,990-square-foot retail building in Jacksonville, FL for $1.3 million, or about $309 per square f…

2013-10-21 / Read More >>

Apartments fill up, with more on way

Apartment-occupancy rates in the Orlando area edged up to 94.5 percent from 93.9 percent a year ago, according to a new report. …

2013-10-20 / Read More >>

Buyers finding fewer affordable homes in South Florida

South Florida homes are still largely affordable, though more properties are slipping out of reach of the region’s middle class,…

2013-10-20 / Read More >>

Real Estate notebook: Boca firm to help revive Deerfield office park

The Research Park at Florida Atlantic University is dormant no more….

2013-10-19 / Read More >>

Better Business Bureau scam targets real estate

The Council of Better Business Bureaus issued a media release warning real estate offices about a phishing scam. It says Clearwa…

2013-10-18 / Read More >>

Fla. conducting more random broker escrow audits

In DBPR’s latest update, Sec. Lawson says he’s reinstituted random audits of real estate offices to “identify potential fraud an…

2013-10-18 / Read More >>

Small business owners: Slow and steady wins race

American Express report: Many business owners have abandoned a “wait and see” attitude and “appear poised to flip the switch to …

2013-10-18 / Read More >>

Market Trend: Jacksonville’s Vacancy Decreases to 12.5%

The Jacksonville Office market ended the third quarter 2013 with a vacancy rate of 12.5%.

The vacancy rate was down over the p…

2013-10-18 / Read More >>

Home flipping falls as South Florida prices rise

Higher prices led to fewer flipped homes across South Florida in the third quarter, a new report shows….

2013-10-17 / Read More >>

Profits down for Orlando house flippers

The lure of buying a bargain-priced house, fixing it up, and selling it within a few months is not what it used to be in Metro O…

2013-10-17 / Read More >>

Home flipping down 13%, but high-end flipping up 34%

RealtyTrac: Some hot cities for home flips, including Tampa and Orlando, saw a drop in 2013’s third quarter. Overall, Fla. secon…

2013-10-17 / Read More >>

Fannie Mae changes mortgage loan restrictions

On Nov. 16, Fannie Mae’s minimum loan downpayment goes from 3% to 5% and loans top out at 30 years – but, unlike FHA, it doesn’t…

2013-10-17 / Read More >>

Pompano pool company’s assets frozen

Nationwide Pools accused of transferring money to new firm

A Broward County judge this week granted a state request to …

2013-10-17 / Read More >>

FREC announces college scholarships

Fla. students pursuing a real estate career can apply for $1,500 to $2,500 in scholarship money from the Florida Real Estate Com…

2013-10-16 / Read More >>

Home flippers: Weekend ‘boot camp’ set for Deerfield Beach

If you want to be a home flipper, don’t make any plans for this weekend….

2013-10-16 / Read More >>

AT&T Renews Lease In Bell South Bldg. in Jacksonville

AT&T Wireless renewed its lease at the BellSouth Building, located at 10375 Centurion Pkwy. in Jacksonville, FL.

The BellSouth…

2013-10-15 / Read More >>

Small firms discover buying beats renting

Office rental rates to increase due to lack of construction, brokers say

Some small businesses in South Florida are fin…

2013-10-15 / Read More >>

Closures & Downsizings: Safeway Selling Chicago To Pay for Canadian Move

Safeway has decided to exit the Chicago market. As part of the plan, the national grocery chain has already sold four of its Dom…

2013-10-14 / Read More >>

First-time homebuyer class offered in West Palm Beach

First-time homebuyers can learn about the housing market during a course Saturday (Oct….

2013-10-14 / Read More >>

Rebounderz Expands to 39,642 SF in Jacksonville

Rebounderz, a state of the art family entertainment center, added 15,700 square feet to its location at 14985 St Augustine Rd. i…

2013-10-14 / Read More >>

Fla. applications for new homes rose in Sept.

Mortgage Bankers: Month-to-month applications for new homes rose 1.6% in Fla.; year-to-year, they rose 10.7%. Nationally, applic…

2013-10-14 / Read More >>

Keep up with Fla. insurance changes on Facebook

Thanks to a new Fla. Office of Insurance Regulation Facebook page, you can keep up with official state insurance updates by chec…

2013-10-14 / Read More >>

Real estate notebook: Model homes coming to Antique Row project

Model homes are under construction at The Villas on Antique Row, a 46-unit townhome development in West Palm Beach….

2013-10-12 / Read More >>

Agents put off by reduced commissions

Some won’t show properties with lower payouts

Even though South Florida homesellers still carry most of the negotiatin…

2013-10-12 / Read More >>

RealtyTrac: S. Fla. foreclosures fall in September

Residential foreclosures declined in South Florida in September, but inched up in the third-quarter, according to RealtyTrac Inc…

2013-10-10 / Read More >>

Show your commitment to the Fair Housing Act

HUD rolled out a consumer education campaign, and it encourages Realtors to download posters for their wall and promote fair hou…

2013-10-10 / Read More >>

Website offers outlet for unwanted rings, dresses after divorce

Fresh off a divorce, Orlando stay-at-home mom Tiffany Beverlin had a dream one night about unsuccessfully trying to sell her 2.5…

2013-10-10 / Read More >>

In The Pipeline: CoStar Development & Construction News for Oct. 6 – 12

Report: Much of Nation’s Aging Office Stock Is Unsuitable For Tenants Coping With New Workplace Economics
Office landlords in th…

2013-10-09 / Read More >>

CoreLogic: U.S. foreclosure inventory down 33%

Fla. had nation’s highest number of completed foreclosures in Aug. 2013 (111,000) and highest number in the foreclosure process …

2013-10-08 / Read More >>

NorthMarq Orlando Secures Refinancing for Coventry Park at Southpoint

NorthMarq’s Orlando regional office secured refinancing of $32.37 million for Epoch Properties’ multifamily property located at …

2013-10-08 / Read More >>

Fake online reviewers face penalties

If you pay a company to post great online reviews about your work, is it fraud? In New York it is. “Astroturfing” investigation …

2013-10-08 / Read More >>

S. Fla. counties driving mortgage relief numbers

Broward and Palm Beach counties, two of the most heavily populated areas in Florida, also rank among the county leaders for appl…

2013-10-08 / Read More >>

FHFA moves to change Fannie and Freddie

The Federal Housing Finance Agency has established a subsidiary of Fannie Mae and Freddie Mac in an effort to build a secondary …

2013-10-08 / Read More >>

FHA answers questions about shutdown’s impact

While FHA-backed lending continues, banks that require IRS or Social Security info may not be able to get it. If so, a lender de…

2013-10-07 / Read More >>

Habitat for Humanity celebrates subdivision, announces another in Orlando

Habitat for Humanity will celebrate the completion of its first multifamily development in Orlando this evening by announcing th…

2013-10-06 / Read More >>

Apartments double building pace of 2012

One of the most marked differences in the Orlando area’s apartment sector from a year ago is the amount of construction.

Durin…

2013-10-06 / Read More >>

Real estate notebook: Tenants still calling the shots

The momentum with which the Palm Beach County office market ended 2012 has not carried over to 2013, according to a report from …

2013-10-05 / Read More >>

Vershave Joins NAI Hallmark Partners

Megan Vershave has moved from Atlanta to Jacksonville to join NAI Hallmark Partners as a broker. In her new role she will focus…

2013-10-04 / Read More >>

3 out of 10 Americans don’t qualify for a mortgage

Online mortgage applicants with credit scores of 620 or less failed to get even one offer – and almost one-third of Americans ha…

2013-10-04 / Read More >>

FPL customers have new power hookup rules

Buyers closing soon or, if you’re a landlord, renters moving in? Florida Power and Light rolled out new and generally easier rul…

2013-10-04 / Read More >>

NAHB: Single-family starts to rise 31% in 2014

Construction increase by the end of 2013 should be 18% for all housing, 17% for single-family and 20% for multifamily – a “decen…

2013-10-03 / Read More >>

Fla. has lots of REOs, but they’re not for sale

RealtyTrac: More than half of Fla.’s bank-owned homes aren’t for sale and remain “home” to the ex-owners. In Miami, they live in…

2013-10-03 / Read More >>

State mortgage aid program stops accepting applications

A $350 million program meant to help homeowners pay down underwater mortgages stopped accepting applications Wednesday after rea…

2013-10-02 / Read More >>

Fla. Realtor wins NAR Good Neighbor Award

Kenneth W. Davis from Welcome Home Realty in Boca Raton to receive $10,000 for his work with the Rotary Club and children’s char…

2013-10-02 / Read More >>

Laws effective today affect liens and tax notices

Local governments may now send TRIM notices electronically, some liens must now be recorded, and busy Realtors who text while dr…

2013-10-01 / Read More >>

In The Pipeline: CoStar Development & Construction News for Sept. 29 – Oct. 5

Developer Makes Deal to Acquire Former Chrysler Assembly Site Near StL

Clayton, MO-based KP Development reportedly has reached …

2013-10-01 / Read More >>

Supervisor of Elections Takes 50,000 SF in Jacksonville

The Supervisor of Elections leased 50,000 square feet in the industrial facility at 1 Imeson Park Blvd., Building 100 in Jackson…

2013-10-01 / Read More >>

Roadstar Transport Renews 22,451 SF

Roadstar Transport renewed its lease for 22,451 square feet of re…

2013-10-01 / Read More >>

Johnson Development Sells Jacksonville Warehouse for $26.5M

Exeter Property Group, a real estate investment firm out of Pennsylvania, purchased the industrial facility at 9767 Pritchard Rd…

2013-10-01 / Read More >>

Saint Augustine Bed and Breakfast Trades for $1.9M

A private investor acquired the 3,850-square-foot bed and breakfast located at 70 Cuna St. in Saint Augustine, FL for $1.9 milli…

2013-10-01 / Read More >>

Palm Beach, Fort Lauderdale streets among priciest office rents

Three South Florida streets rank among the 20 most expensive spots nationwide for office rents, a recent study shows….

2013-10-01 / Read More >>

Mortgage aid program has fewer than 3,000 slots left

As of Monday morning, fewer than 3,000 slots remain for a $350 million state program designed to help underwater borrowers….

2013-09-30 / Read More >>

Home sales at Boca’s Royal Palm Polo to begin in spring

Luxury builder Toll Brothers’ plan for 122 acres in Boca Raton includes a gated community of million-dollar-plus homes with maho…

2013-09-30 / Read More >>

HUD proposes ‘qualified mortgage’ definition

FHA issued its own qualified mortgage (QM) standard today. An ability-to-repay rule limits points and fees. Small number of futu…

2013-09-30 / Read More >>

Study: International sales important to Florida

For the year ending July 2013, international real estate deals made up 8% of all Fla. existing homes sales and had a total value…

2013-09-30 / Read More >>

FHA, VA loans ‘safe’ during government shutdown

Contrary to media reports, Florida Realtors confirmed that new FHA single-family home loans will be processed if the government …

2013-09-30 / Read More >>

Registration site live for HOAs and assoc. managers

DBPR announced the launch of a website where, by law, homeowners associations (HOA) and Community Association Managers (CAM) mus…

2013-09-30 / Read More >>

Real estate notebook: 35 more home lots at Valencia Cove

Valencia Cove, GL Homes’ newest 55-and-over development west of Boynton Beach , has sold 140 of 800-plus homes so far….

2013-09-28 / Read More >>

Floridians stampede for new mortgage-reduction aid

Nearly 10,000 Floridians with “underwater” homes bombarded the state with applications on the first day of a program that offers…

2013-09-26 / Read More >>

‘Outside the box’ solutions for flood ins. increases?

The fight against onerous flood premium increases on Oct. 1 is being fought on two fronts: A delay by Congress and a look at Fla…

2013-09-26 / Read More >>

45% of U.S. sales in August were cash purchases

RealtyTrac: Of five top large cities for all-cash purchases, three are in Fla.: Miami (69% were cash), Tampa (64%) and Jacksonvi…

2013-09-26 / Read More >>

National pending home sales decline in August

NAR: Tight inventory, restrictive mortgage credit, and higher interest rates and home prices led to a 1.6% month-to-month drop i…

2013-09-26 / Read More >>

Fla. gets $2.9M to fight housing discrimination

Six agencies in Fla. will receive $2.9 million to identify and fight housing discrimination under the Fair Housing Act….

2013-09-26 / Read More >>

Fraud Risk in mortgage apps down 5.6% in 2Q 2013

CoreLogic: More people lied about their income to qualify for a mortgage – the number rose 13.3% year-over-year. But false prope…

2013-09-25 / Read More >>

UF: Florida’s consumer confidence down 1 point

Consumers worried more about the short- and long-term economic outlook along with personal finances, but they think it’s a good …

2013-09-25 / Read More >>

Despite recovery, distressed home sales continue

Distressed home sales increased sharply across South Florida in August, a result of more foreclosures working their way through …

2013-09-25 / Read More >>

In The Pipeline: CoStar Development & Construction News for Sept. 22 – 28

Archer Daniels Midland Searching for New Global HQ
Agribusiness company Archer Daniels Midland (ADM) Co. announced this week tha…

2013-09-24 / Read More >>

Case-Shiller: South Florida home prices rise in July

South Florida home prices increased in July for a 19th consecutive month, according to a national index released Tuesday….

2013-09-24 / Read More >>

Program for underwater borrowers begins Wednesday

Homeowners whose houses are worth less than the balance of their mortgages could soon get some much needed help….

2013-09-24 / Read More >>

Consumer Confidence Index falls a bit in Sept.

Overall economic conditions moderately improved in most consumers’ eyes, but they aren’t sure if the U.S. can sustain that momen…

2013-09-24 / Read More >>

Florida Realtors to Fla. Cabinet: Flood insurance reform could hurt economy

Gov. Scott invited Florida Realtors Pres. Dean Asher to speak today before the Fla. Cabinet, and Asher urged them to help delay …

2013-09-24 / Read More >>

Homebuyer seminar set for military veterans

A free homebuyer seminar for military veterans is scheduled for Saturday, Sept….

2013-09-23 / Read More >>

Realtor.com expands commercial listings content

The NAR-owned website operated by Move Inc. added more commercial properties for sale or lease through an agreement with Commerc…

2013-09-23 / Read More >>

Orlando’s SoDo: ‘It’s getting there’

The emerging real estate projects touted by Orlando Mayor Buddy Dyer in his 2006 “state of the city” address included Premiere T…

2013-09-22 / Read More >>

Real estate notebook: Newsmax Media signs Boca Raton lease

Newsmax Media is expanding its South Florida operations by signing a lease for more than 50,000 square feet in the 750@Park buil…

2013-09-22 / Read More >>

South Florida condo prices rise in August

Developers building more units to satisfy demand

A lack of inventory continues to drive South Florida condominium pric…

2013-09-21 / Read More >>

State program to reduce underwater mortgage balances

Florida housing officials on Friday announced a $350 million program that will help reduce the mortgage balances for “underwater…

2013-09-20 / Read More >>

Broward County home prices rise 26 percent in August

South Florida home prices and sales increased in August as the market continues to improve following the six-year downturn….

2013-09-19 / Read More >>

Lawmakers file 2014 bill to reduce Fla. lease tax

Similar House and Senate bills submitted this week would reduce commercial lease tax by 1% – a change also pushed by Florida Rea…

2013-09-19 / Read More >>

Fla.’s housing market continued upswing in Aug. 2013

Closed sales (12.5%), median prices (18.6%) and pending sales (17.2%) rose for single-family homes. National sales highest in 6 …

2013-09-19 / Read More >>

Two Funds Close This Week, Buying Power Tops $725M

Madison Realty Capital (MRC), an institutionally-backed commercial real estat…

2013-09-19 / Read More >>

Aug. existing-home sales rise, limited inventory continues to push prices

Aug. existing-home sales rise, limited inventory continues to push prices…

2013-09-19 / Read More >>

Orlando’s home-price recovery outpaces state’s

Prices paid for resale homes continued to recover faster in Metro Orlando last month than in the state as a whole, according to …

2013-09-19 / Read More >>

Club drug Molly emerges as threat in Orlando

Pop icon Rihanna sings about Molly and moonshine.

Rappers Lil Durk and Wiz Khalifa named one of their collaborations “Molly Gi…

2013-09-19 / Read More >>

Orlando theme park and attractions discounts, prices and hours

Below is a list of active discounts at Orlando theme parks and attractions including Disney, Universal, SeaWorld and smaller Orl…

2013-09-19 / Read More >>

Piazza Delle Palms Sells In Saint Augustine

Epic Community Services, Inc. purchased the office building

2013-09-19 / Read More >>

The Old Powder House Inn Trades for $1.2M

A private investor acquired the Old Powder House Inn at 38 Cordova St. in Saint Augustine, FL for $1.2 million, or about $130,00…

2013-09-19 / Read More >>

Investor Buys 1.51 Acres in Jacksonville Beach

A private investor acquired 1.51 acres of commercial land at 1315 2nd Ave. in Jacksonville Beach, FL for $1.68 million.

The pro…

2013-09-19 / Read More >>

Fort Family Investments Sells Multifamily Property for $33M

Fort Family Investments sold the 260-unit, multifamily property at 13401 Sutton Park Dr. S. in Jacksonville, FL, to Atlanta-base…

2013-09-19 / Read More >>

First-time homebuyer course offered Saturday in West Palm

Seats are still available for a first-time homebuyer course on Saturday, Sept….

2013-09-18 / Read More >>

NAR: Obama’s on the right track

President’s goals jibe with NAR’s goals, association said in a statement: mortgage interest deduction, family foreclosure help, …

2013-09-18 / Read More >>

Clermont may buy megachurch to offer more recreation for residents

Buying a church may not be the typical way for a city to expand its services, but for Clermont, it could be the answer to a pray…

2013-09-18 / Read More >>

Trulia: Buying S. Fla. home is cheaper than renting

It’s still much cheaper to buy a home than rent, despite rising prices and mortgage rates, a new report shows….

2013-09-18 / Read More >>

In The Pipeline: CoStar Development & Construction News for Sept. 15 – 21

Developers Begin Work On $2.3B Spring District TOD Project

Seattle-based developer Wright Runstad & Co. has started demolition …

2013-09-17 / Read More >>

Developer planning Dania Beach apartments

A two-acre tract in Dania Beach sold recently for $1….

2013-09-17 / Read More >>

The Renaissance man of Rotary

Realtor Ken Davis of Boca Raton is an NAR finalist for the Good Neighbor Award. Davis adopted a Bahamian orphanage and flies in …

2013-09-17 / Read More >>

Floridians support endangered species protections

UF/IFAS survey: 78% of Floridians agreed that commercial land development should be “should be restricted to protect endangered …

2013-09-17 / Read More >>

How the financial crisis affected Florida’s housing market

Today FOX Business Network will host a daylong special titled “The Market Meltdown: Five Years Later….

2013-09-16 / Read More >>

Fla. CFO rolls out healthcare webpage for small biz

Brokers: CFO Atwater unveiled small business QandA webpage, scheduled webinars and offered a warning: Watch out for health insur…

2013-09-16 / Read More >>

Elements of Belle Rive Apts. Trades for $18M

Maxus Properties, a North Kansas City, MO-based real estate company involved in managing multifamily housing and commercial asse…

2013-09-16 / Read More >>

Orlando home prices dip as summer ends

Orlando-area home prices took their typical end-of-the-summer dip during August, though sellers continued to dominate the housin…

2013-09-16 / Read More >>

Plantation cruise company moving to Fort Lauderdale

A company that sells cruises has signed a lease for more than 17,000 square feet in a Fort Lauderdale office building that front…

2013-09-16 / Read More >>

Simon sells The Terrace at Florida Mall

The country’s largest real estate investment trust, Simon Properties Inc., has sold a shopping center next to Florida Mall for $…

2013-09-15 / Read More >>

CoStar’s People of Note (Sept. 8 – 14)

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promoti…

2013-09-14 / Read More >>

Time running out for flood insurance rate fix

Many U.S. lawmakers want to help people facing flood insurance increases, but politics can get in the way. Florida Realtors tool…

2013-09-13 / Read More >>

As a good state for business, Fla. ranks pretty high

Area Development Mag ranked state No. 1 for “renewed consideration post-recession.” Fla. also ranked high in five other categori…

2013-09-13 / Read More >>

Market Trend: Select Top Three Jacksonville Industrial Leases Signed in Q2 2013

The select top industrial lease signed during the second quarter of 2013 in the Jacksonville market was at 8691 Jesse B. Smith C…

2013-09-13 / Read More >>

Rising interest rates could impact Fla. real estate

UF 2Q survey: Fla. experts remain optimistic, but their rosy outlook waned a bit over fear that higher interest rates will slow …

2013-09-12 / Read More >>

Fla. foreclosure starts down 65% year-to-year

RealtyTrac Aug. report: Overall, Fla. foreclosures down 43%. Nationally, foreclosure starts – a first notice sent to homeowners …

2013-09-12 / Read More >>

Sadowski Coalition honors best in workforce housing

A doc stamp tax on real estate sales promotes workforce housing in Fla., and an award ceremony yesterday focused on the state’s …

2013-09-12 / Read More >>

Market Trend: Select Top Three Jacksonville Retail Leases Signed in Q2 2013

The select top retail lease signed during the second quarter …

2013-09-11 / Read More >>

In The Pipeline: CoStar Development & Construction News for Sept. 8 – 14

‘City Within a City’ Begins to Rise On NYC’s Far West Side

With three towers totaling more than 8.6 million square feet u…

2013-09-11 / Read More >>

Investor demand starts to wane

Investors made up 23% of homebuyers in Feb., but only about 20% in June – the lowest level since Sept. 2012. About 48% say they’…

2013-09-11 / Read More >>

CoreLogic: 2.5M more U.S. homeowners not underwater

Fla. ranked second for number of homes underwater – 31.5% of those with a mortgage – compared to 14.5% of all U.S. homes. But it…

2013-09-10 / Read More >>

Realtors: Lower taxes? Start with commercial leases

Gov. Scott began a four-day tour asking Floridians what taxes to cut. Consider the commercial lease tax to create jobs and help …

2013-09-10 / Read More >>

Fla. still tops for mortgage fraud – but improving

LexisNexis report: In originations just in 2012, however, Fla. ranks No. 4 for fraud – an improvement from its No. 1 status in 2…

2013-09-10 / Read More >>

Find flood zone and insurance costs online

On FEMA’s flood insurance website, FloodSmart.gov, homebuyers can plug in an address to find a home’s flood risk level and estim…

2013-09-10 / Read More >>

New center to serve Mo. auto-parts chain

O’Reilly Auto Parts Inc. is underway on a 390,000-square-foot distribution center in Lakeland to help serve a growing number of …

2013-09-08 / Read More >>

CoStar’s People of Note (Sept. 1 – 7)

This week’s People of Note includes the following markets: South Florida, Dallas, Northern New Jersey, Indianapolis, San Franci…

2013-09-07 / Read More >>

Underwater mortgages still a drag on housing market

Even with recent price increases, many owners still have lots of ground to make up

J….

2013-09-07 / Read More >>

1 in 5 marriages include a foreign-born spouse

Census Bureau: In 2011, about 13% (7.3M) of U.S. households had two foreign-born spouses, and 7% (4.1M) had one native-born and …

2013-09-06 / Read More >>

More homeowners have enough equity to sell

RealtyTrac: 8.3 million U.S. homeowners can soon sell their home without resorting to a short sale. Fla. No. 3 for percent of mo…

2013-09-05 / Read More >>

Newmark Grubb Phoenix Realty Taps Henley As VP

Scott Henley has been hired by Newmark Grubb Phoenix Realty Group as vice president in the company’s office brokerage services. …

2013-09-05 / Read More >>

Study: Vacation rental performance remains strong

HomeAway Inc. says investors who rent vacation homes had a 77% occupancy rate and 19% year-to-year weekly rental increase. Fla. …

2013-09-05 / Read More >>

Law Firm Leases Space In EverBank Center

Law firm Liles, Gavin & George is moving its shingle from one downtown Jacksonville building to another.

Currently at 225 Wate…

2013-09-04 / Read More >>

Most American families lack an emergency plan

FEMA and the Ad Council hope an ad campaign will encourage the 60% of parents without a plan to discuss post-disaster tactics wi…

2013-09-04 / Read More >>

People’s Trust Insurance eyeing move to Deerfield Beach

Boca Raton -based People’s Trust Insurance Co….

2013-09-04 / Read More >>

There’s more than one way to succeed in real estate

In real estate, there is more than one path to wealth. An expert identified seven successful marketing styles and suggests agent…

2013-09-03 / Read More >>

CoreLogic: July home prices up 12.4% year-to-year

Prices nationally rose 1.8% month-to-month. In Florida, prices rose 13.5% when distressed sales are excluded from the analysis….

2013-09-03 / Read More >>

Market Trend: Select Top Three Jacksonville Office Leases Signed in Q2 2013

The select top office lease signed during the second quarter of 2013 in the Jacksonville market was at 100 N Laura St. in the Do…

2013-09-03 / Read More >>

In The Pipeline: CoStar Development & Construction News for Sept. 1 – 7

ExxonMobil Office Campus On Track for Early 2014 Move In

Construction is moving forward on the company’s sprawling new Spring…

2013-09-03 / Read More >>

‘King of Parramore’ was one of Orlando’s biggest property owners

Mohammed Lutfi grew from a boy in Jerusalem, who at age 10 had to help support his family, into one of the biggest property owne…

2013-09-03 / Read More >>

CoStar’s People of Note (Aug. 25 – 31)

This week’s People of Note includes the following markets: New York City, Chicago, Dallas, Raleigh-Durham, San Francisco, Los A…

2013-08-31 / Read More >>

Inventory crunch easing up for home buyers

More new listings hitting the market as prices increase

Lilian Cruz, a house hunter since January, has been growing wea…

2013-08-31 / Read More >>

Two S. Fla. companies sign up to take over Citizens policies

Two South Florida companies have won approval from state regulators to take up to 56,000 policies from Citizens Property Insuran…

2013-08-31 / Read More >>

Real estate notebook: Gulf Stream condo project completed

A boutique condominium in Gulf Stream is up and ready, the first new Palm Beach County condo completed since the market tanked i…

2013-08-31 / Read More >>

Citizens Ins. moving out 400K policies

Homeowners will receive a 30-day notice and may have a few options….

2013-08-30 / Read More >>

Divorce and home values: Till equity do us part

Forget the whole “till death do us part” thing.

Many unhappy couples are now calling it quits, local divorce attorneys and rea…

2013-08-30 / Read More >>

Underwater mortgages decline across South Florida

Higher home prices are slowly reducing the number of underwater mortgages across Broward and Palm Beach counties….

2013-08-29 / Read More >>

69% of home sales are cash in S. Florida

In South Florida, 69 percent of all home sales last month were cash deals — and that’s way above the national average….

2013-08-29 / Read More >>

SunTrust Net Lease Portfolio Trades for $240M

An undisclosed REIT acquired a SunTrust net lease portfolio for $240 million.

The portfolio includes 139 retail bank branches, …

2013-08-29 / Read More >>

Scott offers $90M: Elevate road, aid Everglades flow

Dated Everglades “fixes” cause problems today. New bridge should add water flow to Everglades and ease problems on St. Lucie and…

2013-08-29 / Read More >>

CoreLogic: 49,000 completed foreclosures in July

Foreclosure inventory down 32% year-to-year, though Fla. continues its reign as having more homes in its foreclosure inventory t…

2013-08-29 / Read More >>

Net Lease Portfolio of SunTrust Branches Trades for $240M

An undisclosed REIT acquired a SunTrust net lease portfolio for $240 million.

The transaction consists of 139 retail bank branc…

2013-08-29 / Read More >>

July pending home sales slip a bit

NAR’s Pending Home Sales Index declined 1.3% to 109.5 in July from 110.9 in June. However, pending sales were 6.7% higher year-t…

2013-08-28 / Read More >>

Floridians’ confidence in economy unchanged in Aug.

UF: State consumers think their personal finances have taken a slight hit over the past year, but they expect a much better outl…

2013-08-28 / Read More >>

Fear QRM rules no more – proposal won’t slow rebound

Industry concerned that expected QRM rule would require up to 30% home downpayments. But terms announced today should have minim…

2013-08-28 / Read More >>

Multifamily Asset Trades in East Jacksonville

Michaelson Group Real Estate acquired the Huntington at Hidden Hills in Jacksonville, FL from a joint venture for $12.5 million,…

2013-08-28 / Read More >>

In The Pipeline: CoStar Development & Construction News for Aug. 25-31

Sacramento Kings Announce Architect for New NBA Arena
The NBA’s Sacramento Kings announced that AECOM will serve as lead archite…

2013-08-27 / Read More >>

Case-Shiller: S. Fla. home prices increase 14.8 percent in June

South Florida home prices rose in June for the 18th consecutive month, according to a national index released Tuesday….

2013-08-27 / Read More >>

Fla. Realtor finalist for NAR Good Neighbor Award

NAR recognized 10 Realtors as award finalists. One potential winner – Kenneth W. Davis with Welcome Home Realty in Boca Raton – …

2013-08-27 / Read More >>

Fla.: Temporary injunction in mortgage relief scam

Attorney General Bondi: Broward-based firms charged up-front fees and falsely guaranteed that defendants would have their home e…

2013-08-27 / Read More >>

It’s not much, but Aug. consumer confidence up a bit

The Index now stands at 81.5, up from 81.0 in July. While attitudes about today declined a bit, the Expectations Index increased…

2013-08-27 / Read More >>

Another Broward firm accused of scamming homeowners

A judge on Monday ordered a Broward man and his two companies to cease doing business — at least for now — and froze…

2013-08-27 / Read More >>

Five days later, Florida Realtors releases state housing data

The Florida Realtors on Monday belatedly released its statewide housing data for July after fixing an issue involving two Realto…

2013-08-26 / Read More >>

Commercial real estate shows steady, moderate growth

NAR: Vacancy rates are generally tightening in commercial real estate sectors with modest rent growth….

2013-08-26 / Read More >>

Fla.’s housing market continues positive track in July 2013

Statewide single-family home sales rose 20.9% year-to-year while median price rose 18.7%. Condo-townhome sales increased 16.8%; …

2013-08-26 / Read More >>

REMI: Housing rebound contributes 500K new jobs

Analysis: The year-over-year rise in single-family home construction added 54,000 jobs in Fla. overall, with 28,100 of those in …

2013-08-26 / Read More >>

7 trends in real estate

Prepare for changes, Bruce Gardner told attendees at Florida Realtors Convention and Trade Expo. For one, agents must aggressive…

2013-08-26 / Read More >>

Florida tenants face faster evictions under revised law

Florida landlords now can evict tenants more quickly — but tenants enjoy new protections when it comes to security deposit…

2013-08-25 / Read More >>

Real estate notebook: Luxury home sales soar in summer

South Florida’s high-end homebuyers didn’t take the summer off….

2013-08-25 / Read More >>

CoStar’s People of Note (Aug. 18 – 24)

LOS ANGELES
Olofson Promoted to Executive Vice Chairman at Cushman & Wakefield
By Jooyoung Kim

Cushman & Wakefield, the intern…

2013-08-24 / Read More >>

HUD charges Fifth Third Bank with discriminating

Under Fair Housing Act, people with disabilities don’t have to meet higher mortgage qualification standards if they rely on disa…

2013-08-23 / Read More >>

Final 18 townhomes to be built at Drexel Park near Delray

A developer breaks ground Saturday on the final phase of a 120-unit luxury townhome project west of Delray Beach ….

2013-08-23 / Read More >>

Market Trend: Jacksonville’s Industrial Deliveries, Construction and Inventory

During the second quarter 2013, two buildings totaling 92,170 square feet were completed in the Jacksonville market area.

This…

2013-08-22 / Read More >>

Orlando condo prices double in 3 years

Orlando-area condo prices have more than doubled in less than three years, a new report shows.

The median price for a condomin…

2013-08-22 / Read More >>

Irmscher Joins JLL as Florida Market Director

Jones Lang LaSalle has appointed Doug Irmscher as market director for Florida. In his new role, Irmscher will oversee the firm’…

2013-08-22 / Read More >>

Margaritaville groundbreaking ushers in new era in Hollywood

$147 million project expected to open in late 2015

“Welcome to paradise,” the tanned man in shades told a festive crowd…

2013-08-22 / Read More >>

Mortgage rates jump on Fed concerns

Worries about the Federal Reserve’s plan to alter its monetary policy pushed mortgage rates over the 4….

2013-08-22 / Read More >>

Broward County home prices rise 28 percent in July

South Florida home prices rose in July as buyers continue to battle frustration in a decidedly seller’s market….

2013-08-21 / Read More >>

NAR: Existing-home sales spike in July

NAR: Total existing sales up 6.5% month-to-month and 17.2% year-to-year, with a 13.7% price increase. Fla. housing data delayed …

2013-08-21 / Read More >>

Fannie Mae report: Economy picks up steam

Housing, consumer spending and manufacturing pave the way, with even better times ahead. One wildcard, however: Any Fed changes …

2013-08-21 / Read More >>

Citizens’ board to vote on $45m clearinghouse contract

Citizens Property Insurance Corp….

2013-08-21 / Read More >>

Fort Lauderdale approves Marina Lofts project, moving rain tree

After 6 1/2 hours of public comments and debate, Fort Lauderdale commissioners early Wednesday approved a developer’s plan to mo…

2013-08-21 / Read More >>

New RealtyTrac index identifies recovering markets

RealtyTrac released its first-ever Housing Market Recovery Index (Housing MRI), which found Cape Coral-Fort Myers as a top rebou…

2013-08-20 / Read More >>

Hallmark Partners to Build 55-Unit Condo Project

Hallmark Partners has unveiled plans for Beacon Riverside, a luxury condominium tower on the St. Johns River in Riverside, FL.

2013-08-20 / Read More >>

In The Pipeline: CoStar Development & Construction News for Aug. 18-25

Avalon Developers Closes $126.5M in Construction Financing
North American Properties – Atlanta, Ltd. (NAP), in a joint venture w…

2013-08-20 / Read More >>

Zillow: S. Fla. home values jump in July

A home value index for Broward County hit $155,900 in July, a 16 percent increase from a year ago, real estate website Zillow….

2013-08-20 / Read More >>

One sure thing about flood ins.: It’s complicated

Insurance changes in Oct. and next year will up some owners’ rates – a few significantly – but others will go down. New Florida …

2013-08-19 / Read More >>

New home communities now featured on realtor.com

Starting today, realtor.com includes new home plans and communities using content from Move Inc.’s joint venture partner Builder…

2013-08-19 / Read More >>

Boca lawyers to discuss Florida’s new landlord-tenant law

Two Boca Raton attorneys will be speaking Wednesday at the monthly meeting of the Dade Real Estate Investors Association….

2013-08-19 / Read More >>

City, Magic working on $12.7 million deal for entertainment complex

The Orlando Magic will pay the city as much as $12.7 million for Orlando Police Headquarters and a public parking garage to make…

2013-08-19 / Read More >>

Real estate notebook: Boca Raton realty tops $110 million in sales

The housing recovery has been gold for many real estate firms across the region….

2013-08-18 / Read More >>

CoStar’s People of Note (Aug. 11 – 17)

This week’s People of Note includes the following markets: Minneapolis, Long Island, Atlanta, Houston, Dallas, Phoenix, Chicago…

2013-08-17 / Read More >>

Lessons learned from home flippers

Investors shouldn’t count on fast home price appreciation

Lex Levinrad is getting phone calls….

2013-08-17 / Read More >>

Scammers still preying on struggling homeowners

Nicholas Torgerson was a vice president at Fidelity Land Trust Co….

2013-08-17 / Read More >>

Market Trend: Jacksonville’s Retail Deliveries, Construction and Inventory

During the second quarter 2013, 11 buildings totaling 83,662 square feet were completed in the Jacksonville retail market.

Ove…

2013-08-16 / Read More >>

New maps shows which S. Fla. neighborhoods have the best schools

House hunters who want to know what neighborhoods have the best schools can check out new maps for Broward and Palm Beach counti…

2013-08-16 / Read More >>

Decision near in battle of tree vs. apartments

Before commissioners vote Tuesday on the massive, architecturally unique Marina Lofts apartment project that could transform dow…

2013-08-16 / Read More >>

Sinkholes: An overview from Fla. DEP

The sight of a condo resort sinking near Disney World prompts a could-this-happen-to-me fear. In response, Fla. issues a QandA a…

2013-08-16 / Read More >>

Coldwell Banker Commercial Benchmark Hires Sistare

Coldwell Banker Commercial Benchmark named Joseph “Chip” Sistare III as a sales associate in its Jacksonville office.

As a par…

2013-08-15 / Read More >>

July month-to-month foreclosure activity up 2%

It’s the first month-to-month increase in over six years. Nine of the nation’s 10 highest metro foreclosure rates were in Fla., …

2013-08-15 / Read More >>

The Markets At Town Center Trades For $135M

Hines Global REIT acquired The Markets at Town Center in Jacksonville, FL from Pinehill Investment Co. for $135 million.

The ni…

2013-08-15 / Read More >>

Florida Realtors honors Patricia “Patti” Fitzgerald as 2013 Realtor of the Year

Patricia “Patti” Fitzgerald, 2011 president, was named 2013 Realtor of the Year today at Florida Realtors’ 97th annual Conventio…

2013-08-15 / Read More >>

Orlando home prices soaring

Spurred by rising demand, Orlando’s housing-market recovery took a big step forward last month as resale prices rose at their fa…

2013-08-15 / Read More >>

How long is too long to live at home with parents?

Coldwell Banker Survey: Parents think kids should move out three years after college, but those young adults think five years so…

2013-08-14 / Read More >>

RealtyTrac: Foreclosures persist in Florida

Foreclosures continue to dog Florida, but the outlook appears to be brightening, experts say….

2013-08-14 / Read More >>

In The Pipeline: CoStar Development & Construction News for Aug. 11-17

Vulcan’s Ada Healey On Secrets of Developer’s Success
Since 2001, Ada M. Healey has directed all real estate activities for Seat…

2013-08-13 / Read More >>

FHFA seeks input on reducing multifamily loans

The gov’t wants to back fewer loans through Fannie and Freddie, and asks if it should change loan terms, limit financing or use …

2013-08-13 / Read More >>

WCI building 100 more homes in Parkland’s Heron Bay

With new-home demand soaring, WCI Communities is launching another neighborhood within the Heron Bay development of Parkland….

2013-08-13 / Read More >>

Florida Realtor magazine wins top state awards

The Florida Magazine Association recognized Florida Realtors’ publication for writing and design excellence with four awards its…

2013-08-12 / Read More >>

Disney-area resort collapses into 100-feet wide sinkhole

First came the cracking sounds. Then windows started blowing out. And before they knew it, guests felt the ground beneath their …

2013-08-12 / Read More >>

First-time homebuyer workshop scheduled for Saturday

A workshop this weekend will give first-time homebuyers the latest information on how to find a place, qualify for a mortgage an…

2013-08-12 / Read More >>

CoStar’s People of Note (Aug. 4 – 10)

This week’s People of Note includes the following markets: Phoenix, Southern California, Indianapolis, Chicago, New York City, …

2013-08-10 / Read More >>

Real estate notebook: S. Fla. home sales, prices rise in 2nd quarter

Housing markets in South Florida and across the state enjoyed a robust second quarter….

2013-08-10 / Read More >>

Builders see significant improvement in 55+ market

NAHB’s index on the older adult market increased 24 points to 53 in 2Q to its highest level since index introduced in 2008 and s…

2013-08-09 / Read More >>

Watercrest at Parkland sales center opens this weekend

A California builder this weekend is opening the sales center at Watercrest at Parkland, a 450-home lakefront development on lan…

2013-08-09 / Read More >>

HUD awards Fla. $47.5M to improve public housing

HUD’s Capital Fund Program provides funding annually to public housing authorities to build, repair, renovate and modernize publ…

2013-08-09 / Read More >>

Market Trend: Jacksonville’s Office Deliveries, Construction and Inventory

During the second quarter 2013, three buildings totaling 51,211 square feet were completed in the Jacksonville market area.

Th…

2013-08-09 / Read More >>

Celebration Is Coming to Gainesville

Celebration Pointe, a planned 125 acre, 1 million-square-foot mixed-use development located in Gainesville, FL, is set to begin …

2013-08-09 / Read More >>

Fla.’s housing market continues positive trends in 2Q 2013

2Q existing home sales up 14.7% year-to-year, price up 14.1%; condos up 7.9%, price up 16.7%. NAR: Sales up 12.3% year-to-year, …

2013-08-08 / Read More >>

Obama backs 30-year mortgage, more private funding

President wants to wind down gov’t-owned Fannie and Freddie with more private money funding mortgages – but only if buyers still…

2013-08-07 / Read More >>

Coral Springs firm accused of running mortgage relief scam

Florida Attorney General Pam Bondi’s office has sued a Coral Springs company for allegedly preying on distressed homeowners in a…

2013-08-07 / Read More >>

Saddlebrook Landings Sells in Jacksonville

MLG Capital and Landings Real Estate Group purchased Saddlebrook Landings, a multi-unit residential complex at 3020 Christopher …

2013-08-06 / Read More >>

CoreLogic: June home prices up 11.9% year over year

In Fla., price index rose 11% year-to-year and 1.9% month-to-month. It’s the nation’s sixteenth consecutive monthly increase in …

2013-08-06 / Read More >>

Lake Worth celebrates opening of live/work lofts

The city of Lake Worth will hold a grand opening ceremony Friday for Urban Arts Lofts – 12 live/work residences built with…

2013-08-06 / Read More >>

Market Trend: Jacksonville’s Industrial Vacancy Decreases to 8.9%

The Jacksonville Industrial market ended the second quarter 2013 with a vacancy rate of 8.9%.

The vacancy rate was down over …

2013-08-05 / Read More >>

Need flood insurance answers? FEMA to host webinars

Webinars are for lenders, but FEMA encourages Realtors to join in. Three Aug. sessions focus on the new coverage rules, and thre…

2013-08-05 / Read More >>

Mortgage closing costs up 6% over past year

Bankrate.com study: Fla. closing costs increased year-to-year more than most states. A $160K mortgage costs $2,517. Only eight o…

2013-08-05 / Read More >>

Commercial real estate market recovering

Office tenants don’t have as much of an advantage over landlords

Steve Cohen said it was brutal being a commercial land…

2013-08-04 / Read More >>

Four homes left in Olympia development

The 1,623-home Olympia development in Wellington is down to the final four….

2013-08-04 / Read More >>

Multiple offers put South Florida home sellers in control

The spiffy five-bedroom house on a quiet cul-de-sac in Miramar hit the market for $379,900 on a Monday….

2013-08-04 / Read More >>

How does the health insurance law impact you?

The Obama Administration unveiled a new educational website. Employers plug in a few details, and company-specific questions app…

2013-08-02 / Read More >>

CoStar’s People of Note (July 28 – Aug. 3)

This week’s People of Note includes the following markets: New Jersey, Boston, New York City, Philadelphia, Dallas, Chicago, Wa…

2013-08-02 / Read More >>

Family homebuyers optimistic about housing recovery

Survey: More current homeowners are ready to move up. Millennials (adults ages 18-34) have the strongest desire and see it as a …

2013-08-02 / Read More >>

Broward’s foreclosure auction firm ordered to pay $8.1 million for software patent violations

The Plantation company that handles Broward and Miami-Dade’s online foreclosure auctions and Palm Beach County’s tax lien sales …

2013-08-02 / Read More >>

Corelogic: Broward home prices could decline

Broward County home prices keep climbing, but a new report says the county will see a slight drop in the next year….

2013-08-01 / Read More >>

Home prices to stabilize or fall in 6 Fla. cities

CoreLogic Case-Shiller: In 1Q, home prices in six Fla. cities rose 9.5% to 14.6%. Study predicts stability by 2014, with a sligh…

2013-08-01 / Read More >>

UF: Florida’s consumer confidence dips unexpectedly

Despite state’s good economic news, the July index dropped 3 points, likely due to younger residents feeling more pessimistic ab…

2013-07-31 / Read More >>

Case-Shiller index: S. Fla. home prices rise again

An index measuring South Florida home prices rose in May for a 17th consecutive month….

2013-07-30 / Read More >>

CoreLogic: 55,000 completed foreclosures in June

Homes in pre-foreclosure dropped 28% for year, though Fla. retains dubious status: No. 1 for completed foreclosures and No. 1 fo…

2013-07-30 / Read More >>

Florida Realtors publishes 718 reports each month

Need research? The Industry Data and Analysis department issues housing stats for the state, plus individual reports for MSAs, c…

2013-07-30 / Read More >>

Consumer confidence drops slightly in July

Confidence increased year-to-year but was down for the month. U.S. consumers felt better about their present situation but a tad…

2013-07-30 / Read More >>

Homebuilder launching 55-and-over community near Delray

Ansca Homes is taking down names and numbers….

2013-07-29 / Read More >>

Struggling homeowners can find foreclosure alternatives

Even as the housing market improves, those who bought during the bust are still struggling….

2013-07-29 / Read More >>

Jacksonville Industrial Building Sells for $4.7M

Marjam Supply Co. purchased 9444-9446 Florida Mining Blvd. E. in Jacksonville, FL from Industrial Realty Group for $4.7 million,…

2013-07-29 / Read More >>

Pending home sales slip slightly in June

That may be good, however. Rising interest rates deterred a few buyers, and an increase in sellers could be the start of a comfo…

2013-07-29 / Read More >>

Turner wins airport intermodal project

Turner Construction won the contract to manage construction of a $150 million intermodal terminal at Orlando International Airpo…

2013-07-28 / Read More >>

07/29: Progressions

Consulting

David Beerbower was promoted to senior client manager and Mark Mulligan was promoted to environmental department ma…

2013-07-28 / Read More >>

CoStar’s People of Note (July 21 – 27)

This week’s People of Note includes the following markets: Los Angeles, Indianapolis, Dallas, Atlanta, Madison, San Francisco, N…

2013-07-26 / Read More >>

Market Trend: Jacksonville’s Retail Vacancy Decreases to 7.8%

The Jacksonville retail market did not experience much change in market conditions in the second quarter 2013.

The vacancy ra…

2013-07-26 / Read More >>

Fla. school ratings decline under new standards

State has 39% fewer “A” schools this year and 167% more “D” schools under stricter testing standards. Buyers shopping for good s…

2013-07-26 / Read More >>

Renters say homeownership a top priority

NAR survey: Now, more than in past three years, renters are considering a home purchase. They overwhelmingly believe it’s a good…

2013-07-26 / Read More >>

Report: Heat’s Battier spends $3.2M on Coral Gables home

Miami Heat hero Shane Battier paid $3….

2013-07-25 / Read More >>

In U.S. cash sales down, short sales up

RealtyTrac’s first residential report: In Fla., 57% of June’s sales were for cash; short sales made up 29% of all sales, and inv…

2013-07-25 / Read More >>

NAR approves realtor.com changes to stay competitive

NAR’s board agreed to change existing operating agreement. Realtor.com will now compete better with companies like Zillow by acc…

2013-07-25 / Read More >>

College Park housing market soars

COLLEGE PARK – The story of Orlando’s housing market today is pretty straightforward: the inventory of available homes is …

2013-07-24 / Read More >>

In The Pipeline: CoStar Development & Construction News for July 21 – 27

Partnership Acquires Tribeca Development Site for $223M
A partnership of Fisher Brothers and The Witkoff Group has acquired 101 …

2013-07-23 / Read More >>

PB County home prices, sales increase in June

Palm Beach County’s median home price rose to $259,990 in June, 16 percent higher than a year ago, according to a report r…

2013-07-23 / Read More >>

FHFA: House price index up 0.7% in May

Fed looks only at single-family home sales under Fannie Mae and Freddie Mac to calculate changes. Prices rose 7.3% year-to-year….

2013-07-23 / Read More >>

Fla.’s housing market trending up in June 2013

Single-family home sales rose 8.6% year-to-year while prices rose 15.1%. Condo-townhome sales fell slightly by 2.5%, but prices …

2013-07-23 / Read More >>

In College Park, housing prices soar above the city’s median

The story of Orlando’s housing market today is pretty straightforward: the inventory of available homes is thin, while pri…

2013-07-23 / Read More >>

Crosland Southeast Acquires Portfolio of 24 Blockbuster Stores

Commercial developer Crosland Southeast, a Charlotte, N.C.-based retail development firm formed in 2011 through its partners’ …

2013-07-22 / Read More >>

Broward’s median home price jumps 23 percent in June

Broward County’s median price for existing single-family homes hit $265,000 in June, a 23 percent increase from a year ago…

2013-07-22 / Read More >>

June’s national home sales slip, but above year ago

NAR: Total existing sales down 1.2% from May, up 15.2% from year ago. Median price up 13.5% over year ago. Fla.’s housing data d…

2013-07-22 / Read More >>

Market Trend: Jacksonville’s Office Vacancy Decreases to 12.6%

The Jacksonville Office market ended the second quarter 2013 with a vacancy rate of 12.6%.

The vacancy rate was down over the…

2013-07-22 / Read More >>

Expired listings: Another frustration for South Florida homebuyers

The five-bedroom house on Northwest 63rd Way in Parkland was listed for sale last week on Zillow….

2013-07-21 / Read More >>

Real estate notebook: Firm taking bids on oceanfront condos

A Miami-based private equity firm is packaging a half-dozen oceanfront condominiums for sale on Singer Island….

2013-07-20 / Read More >>

CoStar’s People of Note (July 14 – 20)

This week’s People of Note includes the following markets: Chicago, South Florida, Indianapolis, San Diego, Seattle, Phoenix, N…

2013-07-19 / Read More >>

Some condos nixed by FHA now have a backup plan

More condo projects now include wording that allows units to operate as transient rentals, which isn’t allowed. But FHA now prov…

2013-07-19 / Read More >>

Even as stock market soars, financial planners urge balanced investing

The stock market has soared to record highs this summer, while bonds have suffered a rocky ride.

So how should investors react…

2013-07-19 / Read More >>

Fla. construction up 39.8% in major-metro markets

BidClerk: Private activity rose 5.4% year-to-year while public activity rose 66.7% in 2Q 2013. Total value of all projects: $4,1…

2013-07-19 / Read More >>

Home flipping up 19% in first half of 2013

RealtyTrac: About 18,000 homes flipped in Fla. – almost one out of seven nationwide. Daytona Beach is nation’s top city for flip…

2013-07-19 / Read More >>

HUD and FHA offices closed on Monday, July 22

FHA’s Resource Center and National Servicing Center remain open for general questions, but they’re not allowed to help with a sp…

2013-07-19 / Read More >>

Check out home sales in your Broward neighborhood

The housing recovery is on….

2013-07-18 / Read More >>

Everbank Financial Expanding Jacksonville Office Space

Everbank Financial Corp. signed a 62,798-square-foot lease at 301 W. Bay St. in Jacksonville.

Everbank will expand to occupy t…

2013-07-18 / Read More >>

Homebuyer workshop offered in Spanish

A first-time homebuyer workshop will be taught in Spanish on Aug….

2013-07-17 / Read More >>

Real estate appraisers optimistic about future

Appraisal Institute survey: 84% of residential appraisers say their local residential real estate market is strong; 46% of comme…

2013-07-17 / Read More >>

Jenks Joins Cushman & Wakefield Jacksonville

Cushman & Wakefield appointed Traci Jenks as a senior director in its Jacksonville office. She joins the office brokerage servic…

2013-07-17 / Read More >>

Even with good credit scores, subprime borrowers often denied help

Travis Armstrong, a long-haul trucker, has made his mortgage payments for six years….

2013-07-17 / Read More >>

Many salespeople lack formal training in sales

CareerBuilder survey: 75% of sales leaders offer formal staff training, but 22% only rarely – and 25% don’t provide formal sales…

2013-07-16 / Read More >>

NAR creates flood insurance disclosure

Rising flood insurance costs will impact some Fla. homebuyers. NAR recently posted legal advice for Realtors who are affected an…

2013-07-16 / Read More >>

Realtor.com enhances iPhone and Android app

Users can now share listings quickly through Facebook and Twitter; view better photos and navigate quickly through a shortcut me…

2013-07-16 / Read More >>

Attend Florida Realtors 2013 Convention: Be a rock star for your business

Aug. 14-18 event “provides outstanding value to any Realtor interested in the latest technology, trends and best business practi…

2013-07-16 / Read More >>

In The Pipeline: CoStar Development & Construction News for July 14 – 20

Amazon Adds Another 613,000 SF of Office In Seattle’s South Lake Union
Vulcan Real Estate confirmed that Amazon.com will occupy …

2013-07-16 / Read More >>

Upscale office buildings hit the market

Owners looking to strike while interest rates remain low

About a dozen high-end office buildings are up for sale in Bro…

2013-07-16 / Read More >>

Cortland Partners Continues To Add To Multifamily Property Holdings

Cortland Partners, an Atlanta-based, full-service multifamily real estate investment and management firm, recently closed on the…

2013-07-16 / Read More >>

Blackstone and iStar Invest in Landmark Apt. Trust, Funding Purchase of 8 Properties

Richmond-based Landmark Apartment Trust of America Inc. agreed to issue up to 21.9 million shares of Series D Preferred Stock to…

2013-07-15 / Read More >>

Orlando’s existing-home price breaks $150K for 1st time since 2008

Orlando’s housing recovery stayed on a roll in June, a new report shows.

The median sale price of existing homes for the month…

2013-07-15 / Read More >>

Homebuyer seminar for military vets set for Saturday

A homebuyer seminar and expo for military veterans will be held Saturday near Hollywood….

2013-07-15 / Read More >>

Real estate notebook: Tyco division gets new Boca digs

Tyco Integrated Security in Boca Raton is moving, but not far….

2013-07-13 / Read More >>

Realtors see increase in fair housing complaints

Testers use the Internet to find ads that discriminate, then file a complaint. Florida Realtors Legal Hotline has received an in…

2013-07-12 / Read More >>

CoStar’s People of Note (July 7 – 13)

This week’s People of Note includes the following markets: Orange County, CA, Indianapolis, New York City, Raleigh / Durham, Chi…

2013-07-12 / Read More >>

Demand for new homes heating up in Parkland

Upscale community in northwest Broward the only area offering large tracts for development

Homebuilders have descended…

2013-07-12 / Read More >>

RealtyTrac: Florida leads in foreclosures, but new cases decline

Florida finished the first half of 2013 with the nation’s highest foreclosure rate, but the crisis appears to be easing, a…

2013-07-11 / Read More >>

Foreclosures down 14% in June, lowest in 6.5 years

RealtyTrac: Fla. foreclosure starts down 26% in June, but number of scheduled auctions increased 100%. State still leads the nat…

2013-07-11 / Read More >>

InTown Suites Portfolio Sells for $735M

Starwood Capital Group, a global real estate investment firm based in Greenwich, CT, closed on the sale of the InTown Suites com…

2013-07-11 / Read More >>

Census Bureau: Median home prices up 2.3% in 2011

Data about 2011 released today is old but extensive. American Housing Survey shows why people move, when they make repairs and o…

2013-07-11 / Read More >>

Citizens joins the world of social media

Want to stay current on Citizens Property Insurance updates? On July 1, the Florida-owned insurer entered social media with acco…

2013-07-11 / Read More >>

Mortgage rates keep going up, now 30-year loans averaging 4.51%

Mortgage interest rates keep trending up — average 30-year fixed loans  now are at 4….

2013-07-11 / Read More >>

Short sale listings must have five days in MLS

Starting Aug. 1, Fannie Mae and Freddie Mac short sales must remain “active” for at least five days in the MLS – and the timefra…

2013-07-10 / Read More >>

Freebie Friday: Free stuff to do this weekend in Orlando

Here’s what’s free this week:

Easy Beauty & Barber School, 5040 W. Colonial Drive, Orlando, is offering free haircuts to men a…

2013-07-10 / Read More >>

Luxury home in Boca Raton auctioned for $1.52 million

Proxy bidder expected to close by Aug….

2013-07-10 / Read More >>

Home auction near Boca set for Wednesday

The bidding starts at 1 p….

2013-07-09 / Read More >>

CoreLogic: Foreclosure inventory down 27% for year

Fla. still leads the pack, however, in highest number of completed foreclosures for the year (103,000) and highest foreclosure i…

2013-07-09 / Read More >>

NAR survey: Younger buyers more optimistic

More than any other age group, Millennials are more confident that their recent home purchase was a good financial investment, a…

2013-07-09 / Read More >>

The house in the middle: Here’s what you get for ‘median price’ these days

The 1,600-square-foot home in the Coconut Creek subdivision of Winston Park came with tile and wood floors, custom cabinets in t…

2013-07-09 / Read More >>

May sees big drop in mortgage delinquencies

Jacksonville-based LPS: The number of at-risk mortgages dropped 15% since Dec. 2012, and is now at its lowest level in 11 years …

2013-07-08 / Read More >>

10 tips for buying real estate with IRAs

Using retirement accounts to buy real estate can be highly lucrative, but also risky. First step: Know what you’re doing before …

2013-07-08 / Read More >>

‘Class B’ office space in high demand

The Gallery Center, a “Class B” office building in Boca Raton , traded hands recently for $6….

2013-07-08 / Read More >>

CNL contracts to buy Mt. Vernon Inn

A unit of Orlando-based CNL Financial Group Inc. has a contract to purchase the Best Western/Mt. Vernon Inn, home of the long-ru…

2013-07-07 / Read More >>

Fla. home to 7 of top 15 retirement investments

RealtyTrac: “These popular retirement cities will very likely be an area of growth.” In each, at least 1/3 of the population is …

2013-07-05 / Read More >>

CoStar’s People of Note (June 30 – July 6)

This week’s People of Note includes the following markets: New York City, St. Louis, Cincinnati, Hampton Roads, Seattle, Dallas…

2013-07-05 / Read More >>

Luxury home near Boca Raton headed for auction block

Owner selling to highest bidder, regardless of price

The estate home in the gated Le Rivage community near Boca Raton s…

2013-07-05 / Read More >>

National group advocates for short-term rentals

So far, Fla. has two local chapters of the advocacy group. Its goal: Share information, establish best practices and advance sma…

2013-07-03 / Read More >>

Florida Realtors: Brokers must be careful with ‘pocket’ listings

As the housing inventory continues to tighten, we’re hearing more about “pocket” listings – homes held off the…

2013-07-02 / Read More >>

New rules boost homeowner association regulations

A new law requires all Fla. homeowner associations to register with the state by Nov. 22, 2013. It also limits some actions of t…

2013-07-02 / Read More >>

All Fla. public notices will now appear online

Businesses that stay current on zoning changes, special assessments and more will have an easier time doing so – a new law says …

2013-07-02 / Read More >>

Facility Closures & Downsizings: Best Buy: Two Steps Back, One Step Forward

Best Buy Co. Inc. gradually continues to optimize its U.S. real estate portfolio.

The Minneapolis-based retailer’s key focus …

2013-07-01 / Read More >>

Real estate notebook: Boca Raton office building gets new name

The former Tyco building in Boca Raton is sporting a new name….

2013-07-01 / Read More >>

New law allows longer homestead rentals in Fla.

Homeowners now have more flexibility to rent out their home for short periods. A law effective today defines how long and how of…

2013-07-01 / Read More >>

Fla. ‘pocket listings’ legal, but avoid problems

It’s OK to withhold a listing from the MLS, but it’s tricky. Sellers must understand the potential problems, and it could be que…

2013-07-01 / Read More >>

Top national honor awarded to Florida Realtors

Ragan Communications named Florida Realtors magazine “Best External Publication” in its 2013 PR Daily Awards….

2013-07-01 / Read More >>

Report: Jimmy Buffett buys another home in Palm Beach

Jimmy Buffett seems to be acquiring Palm Beach pads like so many hit songs….

2013-07-01 / Read More >>

Mickler Joins NAI Hallmark Partners

NAI Hallmark Partners has brought Bryan Mickler on board where will focus on sales and leasing of retail, office, industrial and…

2013-07-01 / Read More >>

CoStar’s People of Note (June 23 – 29)

This week’s People of Note includes the following markets: Chicago, Northern New Jersey, Atlanta, Indianapolis, Washington DC, …

2013-06-28 / Read More >>

Developer breaks ground on Hollywood condo-resort

Project is expected to be completed by first-quarter 2015….

2013-06-28 / Read More >>

Some Florida laws become effective July 1

On Monday, tax loopholes close, squatters find it more difficult to claim abandoned homes, and it’s easier to rent out a home ye…

2013-06-28 / Read More >>

NAR: Pending home sales surge to six-year high

The number of signed contracts in May increased 6.7% in one month and 12.1% year-to-year. The rise in mortgage rates may have nu…

2013-06-27 / Read More >>

Can wallboard stop an economic recovery?

Builders and lumber dealers say supply shortages – a lack of oriented strand board, wallboard, framing lumber and plywood coul…

2013-06-27 / Read More >>

Florida Realtors advises homeowners to take summer holiday safety precautions

Families take vacations – criminals don’t. Florida Realtors advises homeowners to take precautions if leaving their house unoccu…

2013-06-27 / Read More >>

30-year mortgages zoom up to 4.46% , steepest jump in 26 years

Thirty-year fixed home loans jumped more than half a percentage point in a week  to an average 4….

2013-06-27 / Read More >>

C2C Solutions is Latest Coup for Downtown Jax

Downtown Jacksonville gained a prime corporate tenant last week after Medicare claims processing firm C2C Solutions announced pl…

2013-06-26 / Read More >>

UF: Floridians’ confidence keeps growing

For the fourth month in a row, more Floridians surveyed by UF had an upbeat attitude about the current economy and what will hap…

2013-06-26 / Read More >>

Case-Shiller index: S. Fla. home prices increase again

Home prices continue to rise in South Florida and across the country, a new report shows….

2013-06-25 / Read More >>

In The Pipeline: CoStar Development & Construction News for June 23 – 29

$1.6B Merchants Row Breaks Ground In Quincy
A host of dignitaries gathered in downtown Quincy, MA, to celebrate the groundbreaki…

2013-06-25 / Read More >>

Consumers more confident in June – a lot more

The Consumer Confidence Index surged 7.1 points in June, the third consecutive increase. “Pace of growth is unlikely to slow in …

2013-06-25 / Read More >>

300,000-SF Jacksonville Industrial Building Trades for $2.9 Mil.

Dupuy Storage Florida LLC purchased 5550 W 5th St in Jacksonville, FL from Zell & Zell for $2.9 million.

The 300,000-square-foo…

2013-06-25 / Read More >>

30-year FRM has highest one-day increase on record

Last week’s Freddie Mac survey, which wraps on Wed., found a slight decline. But after Thur. and Fri., Mortgage News Daily calle…

2013-06-24 / Read More >>

FAU research park nearing full occupancy

Five leases signed as commercial real estate rebounds from recession

The Florida Atlantic University Research and Deve…

2013-06-24 / Read More >>

Corporate relocation was good business move, good personal move

Bob Owens, 54, is president of the newly rebranded Owens Realty Services, which recently moved its headquarters from Connecticut…

2013-06-23 / Read More >>

Real estate notebook: GL Homes development nearly sold out

Here’s more evidence that the housing market is hot….

2013-06-23 / Read More >>

Report: Condo development lagging in PB, Broward counties

Relative lack of foreign buyers keeping builders away, CondoVultures says

The housing market is brutal on homebuyers in…

2013-06-22 / Read More >>

Websites linked to increase in moving scams

A move exclusively within Fla. has fairly strong legal protections, but that’s not true for some fly-by-night interstate movers …

2013-06-21 / Read More >>

Economist: Housing bubble talk ‘far off base’

Couple of interesting notes from last week’s housing reports from Florida Realtors and local boards….

2013-06-21 / Read More >>

Another big jump in South Florida home prices

South Florida home prices soared in May, again posting strong gains amid steady demand from cash buyers and slim pickings of pro…

2013-06-20 / Read More >>

HUD awards $471K in Fla. housing counseling grants

Money going to 28 local counseling agencies in Florida. Last year, two HUD studies found counseling improved the likelihood that…

2013-06-20 / Read More >>

Fla.’s housing market continues momentum in May 2013

Existing home sales up 18.7% year-to-year, price up 15.9%; condo sales up 11.5%, price up 13%. NAR: Single-family sales up 12.7%…

2013-06-20 / Read More >>

CoStar’s People of Note (June 16 – 22)

This week’s People of Note includes the following markets: California, San Francisco, New York City, East Bay, Washington DC, H…

2013-06-20 / Read More >>

Fla. home to 1/3 of all vacant U.S. foreclosures

RealtyTrac: Fla. had 55,503 of the nation’s 168K empty properties in foreclosure but not yet bank owned. Second-place Ill. logge…

2013-06-20 / Read More >>

What happens when interest rates rise?

Freddie Mac: While refinancings will slow, mortgage rates would have to hit 7% for a median-income family to be locked out of a …

2013-06-20 / Read More >>

Marketing to baby boomers? Sell low taxes

Retiring baby boomers may like Fla.’s sunshine, beaches and warm weather – but the big draw is low taxes, and some high-tax stat…

2013-06-20 / Read More >>

HUD conducts study of same-sex discrimination

The first-ever national study examines rental housing discrimination against same-sex couples. However, it’s not banned nationwi…

2013-06-19 / Read More >>

NAR testifies to U.S. House about mortgage rules

NAR president tells committee: Redefine ability-to-pay rules, citing current method hurts title companies, smaller lenders and b…

2013-06-19 / Read More >>

Florida Realtors take part in Gov. Scott’s business mission to France

Gov. Scott praises Florida Realtors’ leaders, members for “exceptional job promoting Florida at home and abroad.” Pres. Asher me…

2013-06-19 / Read More >>

In The Pipeline: CoStar Development & Construction News for June 16 – 22

Port of Seattle Taps Panattoni for 87-Acre Business Park
The Port of Seattle has chosen Panattoni Development Co., Inc. to devel…

2013-06-18 / Read More >>

U.S. vets have easier license requirements in Fla.

Hire a vet: They have an easier time obtaining a real estate license in Fla. DBPR Secretary Ken Lawson outlines state’s military…

2013-06-18 / Read More >>

Florida attorney general sues Nationwide Pools

Florida Attorney General Pam Bondi announced Tuesday that her office is suing Nationwide Pools, accusing the Pompano Beach-based…

2013-06-18 / Read More >>

Builder planning Fort Lauderdale townhomes

A builder has broken ground on a second housing project in Fort Lauderdale and plans to start construction on a third developmen…

2013-06-17 / Read More >>

Fla. loses status of top state for mortgage fraud

Index bumps Fla. to second place while Calif. moves up in 1Q 2013. Nationwide, however, the index of mortgage fraud moved a bit …

2013-06-17 / Read More >>

Over 12,000 Fla. corporations may have paid fake fee

New scam? Fla. A.G. Bondi sues, alleging that Fla. Center of Corporations sent official looking docs to corporations demanding a…

2013-06-17 / Read More >>

Real estate notebook: Developer to rename Wharfside plaza

A developer has paid $13 million for the Wharfside Village Shopping Center and plans to renovate and rename the Boca Raton plaza…

2013-06-16 / Read More >>

Equity funds fuel flippers’ profits in Central Florida

A sixth-generation Orlando resident and a Kissimmee real-estate agent are among those profiting — sometimes handsomely &md…

2013-06-15 / Read More >>

Homebuyers race to line up mortgage financing

Leisurely looking for a mortgage is a luxury South Florida homebuyers can’t afford anymore….

2013-06-15 / Read More >>

CoStar’s People of Note (June 9 – 15)

This week’s People of Note includes the following markets: New York City, Northern New Jersey, St. Louis, Portland, and Tampa.

2013-06-14 / Read More >>

Standard Pacific buys Centerline Homes

Standard Pacific Corp….

2013-06-14 / Read More >>

Census data: Florida tops in retiree population

New Census data confirms that Florida is once again THE No. 1 retirement spot. More than 18% of Floridians are over age 65, the …

2013-06-14 / Read More >>

Fannie Mae: Economic growth on the road to ‘normal’

The housing market is pushing the economy forward, but steady economic growth is still a way off, according to the mortgage gian…

2013-06-13 / Read More >>

RealtyTrac: Florida leads nation in foreclosures

Florida and South Florida returned to the top of the nation’s foreclosure rankings in May, but that probably isn’t a…

2013-06-12 / Read More >>

CRE Pricing Strengthens Following Seasonal Slowdown

Commercial real estate prices resumed broad-based gains in April, shaking…

2013-06-12 / Read More >>

Apartments.com: “Top 10 best cities for recent college grads”

Apartments.com’s top 10 list ranks Orlando at No. 2, behind Phoenix, Ariz. Criteria included affordability vs. just median incom…

2013-06-11 / Read More >>

Billy Joel pockets $13.75 million for Miami Beach home

Singer Billy Joel sold a waterfront mansion in Miami Beach for $13….

2013-06-11 / Read More >>

HUD and VA provide homes to 915 homeless Fla. vets

Program provides $60 million nationwide, with about 10% of it slated for Fla. veterans served by 17 agencies throughout the stat…

2013-06-10 / Read More >>

Real estate notebook: Former Hollywood car dealership becoming Publix shopping center

The Stiles real estate firm broke ground last week on a shopping center anchored by Publix Super Markets….

2013-06-09 / Read More >>

Quick home sales the norm in a white hot housing market

Properties going under contract within two weeks – and even 24 hours

Prospective homebuyers used to go slow, con…

2013-06-09 / Read More >>

CoStar’s People of Note (June 2 – 8)

This week’s People of Note includes the following markets: South Florida, South Bay, New York City, Atlanta, Philadelphia, Texas…

2013-06-07 / Read More >>

NAHB: Improving housing markets rises to 263 metros in June

NAHB/First American Improving Markets Index up to 263 metros; it’s the fifth month in a row where more than 70% of U.S. metros s…

2013-06-07 / Read More >>

Dinner out a tasty gift for Dad

Does Dad really need a tie? Perhaps dinner out is a better fit this year.

Here’s a sampling of Father’s Day restaurant specials…

2013-06-07 / Read More >>

Wells Fargo settles housing discrimination charge

Bank to commit nearly $39 million to areas hurt by housing crisis

Wells Fargo agreed Thursday to invest nearly $39 mil…

2013-06-07 / Read More >>

Boca Raton penthouse sells for nearly $11.7 million

It keeps getting better and better for the One Thousand Ocean condominium….

2013-06-06 / Read More >>

Real estate investors respond to rising prices

Survey: Investors generally expect to buy fewer properties over the next 12 months, but half say they’ll keep the rentals they o…

2013-06-06 / Read More >>

Fannie Mae will help speed short sale if given info

Under a new program, Fannie Mae will help expedite short sale problems and work with the lender if a Realtor gives them a copy o…

2013-06-06 / Read More >>

Wells Fargo settles complaint on foreclosed homes

Six Fla. cities will see part of a $39 million agreement. HUD alleges that Wells Fargo unfairly neglected REO homes located in m…

2013-06-06 / Read More >>

In The Pipeline: CoStar Development & Construction News for June 2 – 9

Nonresidential Construction Spending Boosted By Private Projects
The recovery in private nonresidential construction continued o…

2013-06-05 / Read More >>

169,000 SF Jacksonville Industrial Building Sells for $5M

Compass Rose Foundation, Inc. purchased the property located at 8813 Western Way in Jacksonville, FL from CoFe Properties, LLC f…

2013-06-05 / Read More >>

U.S. ethnic groups value homeownership

Survey: The American Dream lives within many ethnic groups; 52% of Hispanic renters and 46% of African Americans, for example, a…

2013-06-05 / Read More >>

72,000 Floridians to get $1,480 check this month

Fla. Attorney General Pam Bondi said the money is foreclosed-upon ex-homeowners’ share of the $25 billion national mortgage sett…

2013-06-05 / Read More >>

IRA can help a retiree qualify for a mortgage

A policy revision at Freddie Mac and Fannie Mae allows seniors to include money in their individual retirement account (IRA) or …

2013-06-04 / Read More >>

Realtors tout Fla. real estate investment in Spain

The SIMA 2013 Madrid International Real Estate Exhibition last week drew more than 20,000 people; potential buyers asked about l…

2013-06-04 / Read More >>

U.S. Census releases new home stats

What do buyers want today? A massive database that goes back to 1973 shows trends by nation, state and city – a reflection of ch…

2013-06-04 / Read More >>

Gov. Scott signs workforce housing bill

Bill divides $200M of bank settlement money among programs that support workforce housing, including $40M for downpayments and e…

2013-06-04 / Read More >>

72K Floridians to get $1,480 foreclosure relief checks

More than 72,000 eligible Floridians who lost their homes to foreclosure from 2008 to 2011 will receive $1,480 from the landmark…

2013-06-04 / Read More >>

Antique Row townhomes planned for West Palm Beach

A Fort Lauderdale builder has broken ground on a small retail and housing development in West Palm Beach’s Antique Row….

2013-06-03 / Read More >>

Fort Lauderdale mansion fetches $14.5 million

But the sale price falls short of Broward record

At first glance, it appeared the sale of an eight-bedroom waterfront m…

2013-06-02 / Read More >>

Florida TaxWatch sees international opportunities

According to analysts, over half Fla.’s current investment comes from Europe, but Latin America offers untapped opportunity. EB-…

2013-05-31 / Read More >>

Survey: 1 in 3 buyers search for over a year

While 42% of home searchers made an offer in past six months, only 11% had an offer accepted, according to Harris Interactive su…

2013-05-31 / Read More >>

Key West Realtors win federal copyright case

A non-Realtor operated home-search websites filled mainly with MLS data, so Key West Association sued and won. Court award of $2…

2013-05-31 / Read More >>

Six-month hurricane season starts tomorrow

UF’s 140-page “Florida Homeowner Handbook” goes beyond batteries and water, with details on bolstering a home’s defense – a grea…

2013-05-31 / Read More >>

Broward property report the best since Great Recession

Almost every part of county on the increase

Broward property owners got good news Wednesday: Their property values are …

2013-05-30 / Read More >>

Fannie Mae and Freddie Mac extend loan programs

Homeowners can now use the Home Affordable Modification Program (HAMP) or the streamlined modification initiative through 2015….

2013-05-30 / Read More >>

NAR: Pending home sales edge up in April

NAR: Pending home sales rose slightly, 0.3%, month-to-month and 10.3% year-to-year, marking the highest level of home contract a…

2013-05-30 / Read More >>

Feds tinker with QM rule’s ability-to-repay

The federal government’s Consumer Financial Protection Bureau created guidelines for a qualified mortgage (QM), but it eased a f…

2013-05-30 / Read More >>

Gov. signs property insurance bill into law

The 75-page law includes a Florida Realtors priority: a clearinghouse to confirm that an applicant qualifies for the state-owned…

2013-05-30 / Read More >>

Ask a real estate pro: Lender drags feet even after settling case

Q: I was having trouble making my mortgage payments and agreed to give the deed back to the lender in lieu of foreclosure….

2013-05-30 / Read More >>

Fla. consumer confidence hits post-recession high

UF: Consumer attitudes in Fla. haven’t been this high since Aug. 2007. Confidence index rises for third month in a row, topping …

2013-05-29 / Read More >>

Commercial fundamentals improving but lending tight

NAR’s quarterly forecast: Financing still a challenge for small businesses and 52% of respondents said a deal failed in past yea…

2013-05-29 / Read More >>

Florida Realtors earns national recognition

Ragan Communications named Florida Realtors as a national finalist in 2 categories for its 2013 PR Daily Awards: Best External P…

2013-05-29 / Read More >>

CoreLogic: April foreclosure inventory drops 24%

CoreLogic: Month-to-month, inventory fell 2%. Meanwhile, completed foreclosures dropped 16% year-to-year but roughly equaled Mar…

2013-05-29 / Read More >>

Foreclosure-related home sales drop in first quarter

Sales of South Florida homes in some stage of foreclosure declined in the first quarter as buyers struggled to find properties i…

2013-05-29 / Read More >>

Florida Realtors Education Foundation awards $118,800 in scholarships

Awards go to 96 young people from across the state to help them “realize their goals for the future,” says Florida Realtors Educ…

2013-05-28 / Read More >>

U.S. consumer confidence hits five-year high

Increased confidence among Americans reflects a solid economy – but it also fuels an even stronger rebound as people relax and s…

2013-05-28 / Read More >>

Contracting firm chief Beverly Raphael wins award

Beverly Raphael, head of a Deerfield Beach general contracting firm, has been named the first female recipient of the Entreprene…

2013-05-28 / Read More >>

05/27: Progressions

Banking

Michael Ison has joined Seaside National Bank & Trust, Orlando, as a client advisor.

Boards of Directors

Carol A. …

2013-05-26 / Read More >>

Attorney general Pam Bondi investigating Nationwide Pools

Florida Attorney General Pam Bondi’s office has opened an investigation into a Pompano Beach-based pool company accused of leavi…

2013-05-25 / Read More >>

CoStar’s People of Note (May 19 – 25)

This week’s People of Note includes the following markets: South Florida, Chicago, Tampa, Los Angeles, and Cleveland.

SOUTH FL…

2013-05-24 / Read More >>

NAR: Good things happening in commercial market

Commercial Realtors report an increase in annual gross income for the third year in a row, thanks to more transactions and highe…

2013-05-24 / Read More >>

NOAA predicts active 2013 Atlantic hurricane season

Season starts in 8 days. Time to prepare your business and home – and remember that some property can’t get insurance or a mortg…

2013-05-24 / Read More >>

Report: Where do Americans want to live?

Thanks to immigrants and Gen Y preferences, the Urban Land Institute predicts a major market shift toward compact, mixed-use dev…

2013-05-24 / Read More >>

Florida Realtors will help Okla. tornado victims

The chair of Florida Realtors Disaster Relief Fund announced today that the association is donating $100,000 to help members of …

2013-05-23 / Read More >>

Insurance agent accused of inventing clients for commission money

Investigators: Frederick Edward Tanner, 52, scammed AFLAC out of over $15,000

Ray Hamper didn’t actually exist, but nei…

2013-05-23 / Read More >>

Real estate club meets June 13

The June 13 meeting of the Boca Real Estate Investment Club will feature a series of presentations by industry professionals….

2013-05-22 / Read More >>

Housing opportunities abound but challenges remain

Will new mortgage rules make it challenging to buy a home? Are Americans still waiting to list or buy a home? Undefined variable…

2013-05-22 / Read More >>

Immigration reform worth $500B to housing economy

Hispanic real estate assoc. study: In five years, 3 million homeowners would add more than $500 billion in sales, income and spe…

2013-05-22 / Read More >>

Almost 112,000 Floridians benefit from lender settlement

About $8.7 billion has been distributed through mortgage modifications, principal forgiveness, second lien cancellations, refina…

2013-05-22 / Read More >>

Fla.’s housing market shows strong gains in April 2013

Existing home sales up 17.4% year-to-year, price up 14.2%; condo sales up 13.6%, price up 16.4%. NAR: Sales up 9.7% year-to-year…

2013-05-22 / Read More >>

It’s Official: Phoenix Realty Group Joins Newmark Grubb Knight Frank

Phoenix Realty Group made its long-expected move to join Newmark Grubb Knight Frank (NGKF) official last week. The firm will now…

2013-05-22 / Read More >>

Fannie Mae: Recent slowdown nothing to fear

Federal budget cuts and other fiscal pitfalls slowed growth in recent months, but Fannie Mae economists expect little damage in …

2013-05-21 / Read More >>

Realtors help Oklahoma tornado victims

Okla. Realtors’ oversee the Oklahoma Housing Foundation, a 501(c)3 charity that is now accepting donations to help Realtors and …

2013-05-21 / Read More >>

$7 million penthouse sells at One Thousand Ocean in Boca

The One Thousand Ocean luxury condominium in Boca Raton has sold a unit for $7 million, its third penthouse deal since March….

2013-05-21 / Read More >>

S. Fla. home prices climb by more than 20 percent

South Florida’s housing market is bordering on bedlam….

2013-05-21 / Read More >>

Floridians get so far more than $8.6B from mortgage settlement

The historic settlement involving the nation’s five largest mortgage lenders has so far helped nearly 112,000 struggling Florida…

2013-05-21 / Read More >>

Pick me, please: Homebuyers writing letters to sellers

Some buyers are solving housing woes with prose….

2013-05-20 / Read More >>

Commercial Realtors optimistic about market

Poll at NAR convention: Commercial market is a bit better this year and expected to improve even more in 2014. Multifamily and o…

2013-05-20 / Read More >>

Some flood insurance policies to see rate hikes

About 20% of “subsidized” flood policies will see a premium increase each year until they’re actuarially sound. But a new homeow…

2013-05-20 / Read More >>

Sequester could make FHA a tad less convenient

Don’t hope for FHA action on some Fridays this summer, such as May 24. To save money under its mandate, HUD offices will close t…

2013-05-20 / Read More >>

Realtor from Fla. elected NAR first vice president

Tom Salomone, a Realtor from Coral Springs and 2003 Florida Realtors’ president, was elected to the 2014 office at NAR’s midyear…

2013-05-20 / Read More >>

Leasing begins at Elan 33 West apartments in Davie

A developer said Monday it has started leasing apartments at the 376-unit Elan 33 West in Davie….

2013-05-20 / Read More >>

NAR: Housing and economic forecast solidifying

Growth in home sales and prices is helping to strengthen the economy; but easing credit restrictions and keeping the mortgage in…

2013-05-20 / Read More >>

Orlando’s priciest community expands

Central Florida’s most-expensive new residential development, Golden Oak at Walt Disney World, has nearly sold out its first fou…

2013-05-19 / Read More >>

Barry Gilway: Post-session Citizens is best ever

Hurricane season doesn’t officially start until next month, but Citizens Property Insurance Corp….

2013-05-19 / Read More >>

Floridians could net $19 million in Wells Fargo settlement

A group of South Florida attorneys has negotiated a projected settlement of more than $19 million to resolve a class-action case…

2013-05-18 / Read More >>

More guns used in suicides than homicides

When people think of gun violence, they typically think of a masked robber or a disturbed young man with an assault rifle and hu…

2013-05-18 / Read More >>

CoStar’s People of Note (May 12 – 18)

This week’s People of Note includes the following markets: Detroit, Charlotte, Phoenix, New York, Charleston, South Florida, and…

2013-05-17 / Read More >>

CoreLogic: 2012 big year for home price increases

Prices rose in six Florida cities tracked by the index, varying from a low of 3.5% in Jacksonville to a high of 13.5% in Miami. …

2013-05-17 / Read More >>

Everbank’s Gulliford To Succeed Citrano at CBRE

CBRE’s longtime managing director Jim Citrano went outside the firm to recruit the next leader of its Jacksonville office, selec…

2013-05-17 / Read More >>

Buying a home better than renting after two years, Zillow says

Buying a home in South Florida makes more sense than renting after only two years, according to Zillow….

2013-05-16 / Read More >>

Is the mortgage interest tax deduction here to stay?

Maybe. Maybe not. Lawmakers kept the popular IRS deduction that saves homeowners money, but it could be in the crosshairs again …

2013-05-16 / Read More >>

No. of housing starts counters drop in foreclosures

RealtyTrac: National drop in foreclosures coming on the market is balanced out by a higher number of new home starts. Delray Bea…

2013-05-16 / Read More >>

International migration to drive population growth

For the first time since at least 1850, immigration will feed U.S. population growth more than births, projects the U.S. Census …

2013-05-16 / Read More >>

Freddie Mac’s streamlined modification debuts early

Most borrowers 90 to 720 days late on a Freddie Mac-owned loan can get an easy mortgage modification. Pay on time for three mont…

2013-05-15 / Read More >>

NAR: Short sale approval, valuation issues continue to impact housing market

Short sales make up 9% of the market but can be frustrating. New Fannie Mae and Freddie Mac policies should improve the process …

2013-05-15 / Read More >>

Redfin brokerage opening in South Florida

Redfin , a national real estate brokerage, is announcing plans Thursday to enter the South Florida market….

2013-05-15 / Read More >>

April’s new listings rose 3.12%, but more buyers began a search

The bad news: The number of potential homebuyers rose even more, keeping inventory tight in many areas, according to data compil…

2013-05-15 / Read More >>

Loans on Main St. could be impacted by fed choices

Possible regulatory changes can be confusing, but experts at NAR convention say a few upcoming decisions could help – or harm – …

2013-05-15 / Read More >>

More than quarter of Orlando home resales top asking price

Demand for resale homes in the Orlando area outstripped the supply so much in April that more than a quarter of the properties s…

2013-05-15 / Read More >>

Report: No retaliation found in Citizens’ firings

The firing of four members of Citizens Property Insurance Corp….

2013-05-15 / Read More >>

Realtors pounding pavement in Washington this week

NAR’s Midyear Meetings take place in the U.S. capital through Saturday. More than 9,000 Realtors will meet lawmakers and promote…

2013-05-14 / Read More >>

Hallandale Beach real estate firm expands portfolio

Beacon Investment Properties is on a growth spurt….

2013-05-14 / Read More >>

S. Florida’s housing woes make us one of the most distressed metro areas

Housing continues to drag down the local economy, pushing South Florida to becoming the fourth-most financially distressed metro…

2013-05-14 / Read More >>

Land trusts band together for liability insurance

Land trusts in 46 states, including Florida, insure members against litigation. Nearly 60% of conservation land trusts are one p…

2013-05-13 / Read More >>

IRA money can be used to fund an investment home

Under Section 408 of the IRS Code, you can invest a tax-sheltered IRA in a future retirement home if you follow specific rules. …

2013-05-13 / Read More >>

Hurricane season kicks in before flood insurance

With a few exceptions, a new applicant for flood insurance won’t receive coverage for 30 days, and Florida’s hurricane season st…

2013-05-13 / Read More >>

Law firm to offer free training for condo board members

Here’s your chance to learn how to become a condominium board member….

2013-05-13 / Read More >>

Flippers playing role in South Florida’s housing recovery

Home flippers got a bad name during the housing boom….

2013-05-11 / Read More >>

CoStar’s People of Note (May 5 – 11)

This week’s People of Note includes the following markets: Los Angeles, Minneapolis, Washington DC, New Jersey, Chicago, New Yor…

2013-05-10 / Read More >>

Many buyers confused about mortgage process

Survey: One in four thinks a preapproval commits them to that lender, and 34% think lenders must, by law, charge the same fee fo…

2013-05-10 / Read More >>

Pompano Beach pool company in hot water

Customers say Nationwide Pools takes money but doesn’t deliver

Complaints and lawsuits are piling up against a Pompano…

2013-05-10 / Read More >>

Fla. foreclosures up as lenders speed up process

RealtyTrac: Fla. foreclosure auctions up 55% year-to-year in April as homes work through the court system – a step forward in th…

2013-05-09 / Read More >>

Fla.’s housing market shows momentum in 1Q 2013

Existing home sales up 10.2% year-to-year, price up 13.4%; condo sales up 3.2%, price up 18.4%. NAR: Sales up 9.8% year-to-year,…

2013-05-09 / Read More >>

HUD settles Fla. maternity discrimination claim

SunTrust Mortgage and HUD settled a complaint that the lender allegedly denied a mortgage to a Port St. Lucie couple because the…

2013-05-09 / Read More >>

Bubble or no bubble? Fed policy may be key

Pulsenomics survey: Economists are a bit more worried that a home price bubble could form, but it depends on how and when Fed ea…

2013-05-09 / Read More >>

Body Central Ramping Up to 15% Annual Store Growth

Ladies apparel retailer Body Central is looking to grow its number of stores by about 10% this year.

In the company’s first qua…

2013-05-08 / Read More >>

Turning point: Over 50% expect home price increases

It’s the first time in the three-year history of Fannie Mae’s monthly survey that over half expected price gains. One year ago, …

2013-05-08 / Read More >>

S. Fla. falls to third in national foreclosure rankings

South Florida has relinquished its ranking as the nation’s top spot for foreclosures….

2013-05-08 / Read More >>

The CoStar Watch List Newsletter for May 9 – May 19

This Week’s Top Stories

Multifamily GSE Lending Reform: Potentially Disruptive and Inherently Valueless
“Borrowers would face…

2013-05-08 / Read More >>

CoreLogic: March home prices rise 10.5% year over year

CoreLogic: Month saw biggest year-over-year home price increase in seven years, and a 1.9% month-to-month rise. Prices dropped i…

2013-05-07 / Read More >>

Software glitch slashes Citizens premium 92%

One homeowner who dropped sinkhole coverage saw his insurance premium drop from $2,977 to $246. At least 1,500 Citizens customer…

2013-05-07 / Read More >>

Homebuying workshop planned for military vets

Military veterans looking to become homeowners can attend a seminar Saturday, May 11, in Fort Lauderdale….

2013-05-07 / Read More >>

Realtor.com visitors will get more homebuying help

Move Inc., parent to NAR-owned Realtor.com, acquired Doorsteps, a program that helps buyers commit to homeownership and prepare …

2013-05-06 / Read More >>

HUD to sell 20,000 distressed loans to investors

The sale involves FHA loans on the brink of foreclosure. Investor-buyers can’t foreclose for six months and are encouraged to he…

2013-05-06 / Read More >>

Suppy Source leases 69,098 SF In Deerwood Distribution Center

The Supply Source has signed a long-term lease to occupy 69,098 square feet at 8500 Baycenter Road, Jacksonville, FL.

The Deerw…

2013-05-06 / Read More >>

Senate passes Citizens reforms, abandons rate hikes

When the controversial overhaul of Citizens Property Insurance Corp….

2013-05-03 / Read More >>

CoStar’s People of Note (April 28 – May 4)

This week’s People of Note includes the following markets: Baltimore, Los Angeles, New Jersey, Chicago, Indianapolis, St. Louis,…

2013-05-03 / Read More >>

South Florida housing starts increase in first quarter

South Florida home construction gained momentum in the first quarter as builders raced to keep up with increasing demand….

2013-05-03 / Read More >>

Bill to accelerate foreclosures passes Senate, House

A bill meant to speed up foreclosures in Florida awaits Gov….

2013-05-03 / Read More >>

Orlando is best U.S. city to flip homes for profit

In which U.S. cities is a home flip – bought and resold in 90 days or less – most profitable? A RealtyTrac analysis determines t…

2013-05-02 / Read More >>

Orlando tops in profit from house flipping

Orlando led the nation last year as the most profitable housing market for property flippers, according to a report released Thu…

2013-05-02 / Read More >>

Feds issue new fair housing construction guidelines

HUD and the Dept. of Justice say the new guidance should help developers understand and meet their obligations to provide access…

2013-05-01 / Read More >>

Florida’s consumer confidence keeps rising

UF study: Floridians don’t seem bothered by federal budget cutting. Their outlook bounced three points higher to 79 in April, th…

2013-05-01 / Read More >>

The CoStar Watch List Newsletter for May 2 – May 8

This Week’s Top Stories

Investors Re-Open the Spigots to Private Equity Funds
After a very slow start to private equity fundr…

2013-05-01 / Read More >>

Index shows South Florida home prices jump nearly 11% in year

South Florida home prices continued to gallop ahead, showing a nearly 11 percent jump in February from the year before, the 14th…

2013-04-30 / Read More >>

CoreLogic: Foreclosure inventory down 23% in March

Completed foreclosures dropped 16% year-to-year and 52% since 2010 peak, though they rose 6% month-to-month. Fla. remains the to…

2013-04-30 / Read More >>

Consumer confidence bounces back in April

A 6.2 gain to 68.1 beat estimates from economists. Conference Board attributes rise to improved attitudes about personal income …

2013-04-30 / Read More >>

Fla. decides how to spend $200M on housing relief

Fla. received $8.4B in nation’s mortgage settlement, and the part controlled by the Legislature could soon be disbursed, pending…

2013-04-30 / Read More >>

NAR: Pending sales rise modestly as inventory tightens

NAR: Pending sales rose 1.5% month-to-month and 7% year-to-year, but recovery slows because the supply of homes isn’t keeping up…

2013-04-29 / Read More >>

Need-to-know home buying info for first-timers

Advice for buyers: A little planning can ease headaches. Potential buyers should first check their credit score and determine ho…

2013-04-29 / Read More >>

Housing-related businesses enjoying big bounce-back

Real estate agents aren’t the only ones cashing in on the housing renaissance….

2013-04-29 / Read More >>

Underwater borrowers getting more time to refinance

Local lenders say they hope a two-year extension of a government-sponsored refinancing program will encourage more participation…

2013-04-29 / Read More >>

CoStar’s People of Note (April 21-28)

This week’s People of Note includes the following markets: Houston, Inland Empire, Northern New Jersey and Washington, DC.

WASH…

2013-04-26 / Read More >>

U.S. considers mortgage interest deduction change

Should the U.S. keep the home mortgage interest deduction in the tax code? A U.S. House committee took testimony yesterday from …

2013-04-26 / Read More >>

HUD closing two Fla. field offices

The Orlando and Tampa offices will close as part of a national realignment. Nationwide, HUD will shut down 16 out of 80 offices …

2013-04-25 / Read More >>

Getting organized is big business for stores, professional advisers

Some companies are turning the task of getting Central Floridians organized into big business.

Among them is the Container Stor…

2013-04-25 / Read More >>

NAI Hallmark Adds to Jacksonville Team

Carmen Mantay joined NAI Hallmark Partners in Jacksonville as a broker. She will specialize in the selling and leasing of medica…

2013-04-25 / Read More >>

Premiums for new Citizens customers may soar as reform bill passes Senate

The controversial bill to reform Citizens Property Insurance Corp….

2013-04-25 / Read More >>

Later marriage trends don’t postpone homeownership

Study: Today’s young adults marry later than their parents did, but they’re not also delaying homeownership. In more cases, a ho…

2013-04-24 / Read More >>

App upgrade allows home search by school district

Realtor.com says it’s the first real estate search app that permits buyers to target only home listings that fall within specifi…

2013-04-24 / Read More >>

Zillow: S. Fla. home values jump 12 percent in first quarter

South Florida home values rose 12 percent in the first quarter of 2013, but prices likely won’t keep appreciating at that …

2013-04-24 / Read More >>

Facility Closures & Downsizings: HUD To Close Several Multifamily Field Offices; Layoff more than 1,000

The U.S. Department of Housing and Urban Development is planning a series of restructurings and changes within its Office of Mul…

2013-04-24 / Read More >>

The CoStar Watch List Newsletter for April 25 – May 1

This Week’s Top Stories

‘Goofy Pricing’ Driving Some Banks Away from CRE Deals
“I will tell you this, there are certain loans…

2013-04-24 / Read More >>

In The Pipeline: CoStar Development & Construction News for April 22 – 28

Construction Remains a Non-Starter in U.S. Retail Market
The U.S. logged another historically low quarter for new retail supply …

2013-04-23 / Read More >>

Fla. adds 400K names to do-not-call list in one year

Realtors need to check both state and federal do-not-call lists. Fla. had 71,460 names on its list last year when people had to …

2013-04-23 / Read More >>

Fla. Realtor NAR ‘Volunteering Works’ winner

Robert Schwartz with LaRosa Realty in Celebration co-founded program to help 100 kids without permanent housing. He’ll receive $…

2013-04-23 / Read More >>

Homebuyers flock to Valencia Cove near Boynton Beach

When GL Homes opened its eighth Valencia community last weekend, the Sunrise-based builder figured it might get 30 or 35 buyers….

2013-04-23 / Read More >>

South Florida home prices increase in March

Strong demand and a lack of homes for sale continue to drive prices higher across South Florida….

2013-04-22 / Read More >>

Ponte Vedra Beach Retail Center Changes Hands

Ipers Palm Valley Road Inc., a global investment management firm, traded the Shoppes of Palm Valley in Ponte Vedra Beach, FL, to…

2013-04-22 / Read More >>

Group says immigration reform could help real estate

Real Estate Roundtable: Overhaul could help full gamut of real estate if visa reforms are pro-growth. On the flip side, bad poli…

2013-04-22 / Read More >>

Florida’s housing market on upswing in March

Existing home sales up 9% year-to-year, price up 15.2%; condo sales up 1.1%, price up 15.9%. NAR: Sales up 9.1% year-to-year, si…

2013-04-22 / Read More >>

Magic to lift curtain on entertainment complex

Orlando Magic executives are expected Monday to offer the first glimpse of their plan to convert a block of city-owned real esta…

2013-04-21 / Read More >>

Legislators to haggle over Visit Fla. money

Lawmakers in the Florida House and Senate began final budget negotiations over the weekend, with funds for Visit Florida among m…

2013-04-21 / Read More >>

Region’s housing rebound catching some sellers off guard

South Florida’s housing recovery is sneaking up on some sellers….

2013-04-20 / Read More >>

Florida Bar files complaint against foreclosure lawyer Stern

The Florida Bar this week filed a complaint with the state supreme court against David J….

2013-04-19 / Read More >>

CoStar’s People of Note (April 14-20)

This week’s People of Note includes the following markets: Dallas/Fort Worth, Los Angeles, Milwaukee, National and New York City…

2013-04-19 / Read More >>

Fla. ranks No. 6 for taxes paid by small businesses

Small business study: Researchers looked at all taxes imposed by a state and compared total tax burdens. In Fla., small business…

2013-04-19 / Read More >>

Open houses for Broward County buyers

The welcome mats are out for Broward County homebuyers this weekend….

2013-04-19 / Read More >>

Oil the hinges: Open House Weekend is here

Put your best faandccedil;ade forward, says NAR president. Sellers should prep their home for visitors as buyers are creating ch…

2013-04-19 / Read More >>

Fla. unemployment rate continues to fall

In March, Fla. saw 32,400 new jobs and hit its lowest unemployment rate since 2008. The increase in employment feeds home sales,…

2013-04-19 / Read More >>

Fla. metro construction up 15.3% year-over-year

BidClerk: Building in major Fla. metro areas increased substantially in the first quarter – 0.8% in private construction and 25….

2013-04-19 / Read More >>

Study: A smoker’s home can lower value up to 29%

A Canadian firm polled real estate agents and found that smoking can cost a homeowner more than his health. Almost 2/3s said it …

2013-04-18 / Read More >>

How first-time homebuyers can compete in overheated market

South Florida’s housing market is on a tear, and that’s reducing many first-time buyers to tears….

2013-04-17 / Read More >>

Broker to pay $39K fair housing violation

A Mass. attorney who added a restrictive contract covenant will also pay $39K. HUD says seller, real estate agent and attorney m…

2013-04-17 / Read More >>

Facility Closures & Downsizings: Branch Network Size Remains a Key Cost Focus for U.S. Banks

A sharpened focus on cost reduction by U.S. banks will continue to drive a decline in the number of bank branches as well as a r…

2013-04-17 / Read More >>

The CoStar Watch List Newsletter for April 18-24

This Week’s Top Stories

Sign of the Times: Office REIT Accelerates Move Into Multifamily
Mack-Cali’s dividend cut reflects it…

2013-04-17 / Read More >>

In The Pipeline: CoStar Development & Construction News for April 15 – 21

Cinemark, Whole Foods to Anchor $260M Playa Vista Mixed-Use Center
A development team led by Lincoln Property Co., Phoenix Prope…

2013-04-16 / Read More >>

Census Bureau: Nation’s rental vacancy rates down

According to American Community Survey, rents increased in four metro areas for every area that saw a decline. Percent of renter…

2013-04-16 / Read More >>

Fla. Insurance Commissioner: Buy flood insurance now

One reason: A policy doesn’t become effective for 30 days and hurricane season starts in 45 days. Second reason: Lock rates in n…

2013-04-16 / Read More >>

New mortgage rule could help, hurt homebuyers

New mortgage guidelines that take effect next year likely will benefit consumers even while keeping lending standards restrictiv…

2013-04-16 / Read More >>

Peachtree Buys 6 Hotels in Q1 2013

Peachtree Hotel Group is nearly halfway to its goal of acquiring 15 hotels this year. The company closed on six properties in th…

2013-04-16 / Read More >>

Orlando home prices up 22 percent in a year

The Orlando area’s 2-year-old climb up from the depths of the nationwide housing slump has been accelerating lately, with the me…

2013-04-15 / Read More >>

Oviedo mixed-use project underway

LandSouth Construction, a Jacksonville-based general contractor specializing in multifamily housing, has started work on Park Pl…

2013-04-14 / Read More >>

CoStar’s People of Note (April 7-13)

This week’s People of Note includes the following markets: Baltimore, Houston, Long Island, San Diego, San Francisco and Washing…

2013-04-12 / Read More >>

HGTV giving away home, car and $100K cash

Jacksonville-area buyers could avoid a mortgage altogether. “Smart Home” is 2,400-square feet and comes with a 2013 GMC Denali. …

2013-04-12 / Read More >>

NAR’s Open House Weekend: 8 days away

NAR study finds that repeat, mid-income and older buyers favor open houses. Learn more about April 20-21 event, get collateral m…

2013-04-12 / Read More >>

Canadians play big role in Fla. market rebound

BMO Financial Group report: Fla. already has more than 500,000 Canadians, and 16% of that nation’s residents say they would cons…

2013-04-11 / Read More >>

Obama budget proposal: What would impact housing?

The president issued his outline of budget priorities to Congress. It includes a limit to itemized deductions, including a cap o…

2013-04-11 / Read More >>

FHFA streamlines mortgage modifications July 1

No documentation needed for owners at least 90 days delinquent. Make payments for three months and modification permanent – incl…

2013-04-11 / Read More >>

Federal government to investigate Florida housing program

The federal government said Thursday it will investigate a $1 billion state housing program designed to help homeowners avoid fo…

2013-04-11 / Read More >>

Housing recovery real say 71% of lenders

FICO surveyed bank execs in charge of analyzing risk. Most consider current market sustainable, with almost 3 in 4 expecting hig…

2013-04-10 / Read More >>

Florida Realtors, Chase donate home to wounded vet

At today’s “Rally for Homeownership,” Realtors presented an Iraq-wounded veteran and his family with a remodeled, mortgage-free …

2013-04-10 / Read More >>

Condos expected on former Howard Johnson’s site

A company last week paid $20 million for the old Howard Johnson’s on Fort Lauderdale beach, winning the right to buy the t…

2013-04-10 / Read More >>

The CoStar Watch List Newsletter for April 11-18

This Week’s Top Stories

CRE Liquidity: Too Much, Too Little or Just Right?
“We are seeing what I consider irrational loan p…

2013-04-10 / Read More >>

RealtyTrac: Nevada surpasses Florida in foreclosures

Nevada posted the nation’s highest foreclosure rate in March, surpassing Florida, according to RealtyTrac Inc….

2013-04-10 / Read More >>

Broward housing agency to use $1.4 million on storm improvements

The Broward County Housing Authority said Tuesday it’s using $1….

2013-04-09 / Read More >>

Mortgage Fraud Index hits 5-year low

Fla. had a spike in fraud dollar volume in 4Q 2012, however. One quarter earlier, the state wasn’t even in the top five. In 4Q, …

2013-04-09 / Read More >>

Foreclosure agreement checks to go out April 12

The first payments from a $3.6B fund go out to 4.2M borrowers soon – part of the legal settlement for ex-owners who faced forecl…

2013-04-09 / Read More >>

On tap tomorrow: First-ever ‘Rally for Homeownership’

Florida Realtors’ Rally debuts tomorrow, part of Great American Realtor Days. It includes a salute to U.S. military families and…

2013-04-09 / Read More >>

Phillips Edison Pays $49M for 3 Retail Centers

Phillips Edison & Co. acquired The Kleinwood Center at 7306-7310 Louetta Road in Spring, TX, Murray Landing at 2732 N. Lake Driv…

2013-04-09 / Read More >>

Great American Realtor Days kicks off tomorrow

Hundreds of Realtors from across Fla. will converge on Tallahassee for Great American Realtor Days (GARD), which runs through We…

2013-04-08 / Read More >>

Court papers reveal odd back story in 2011 Maitland shooting death

On a muggy August morning in 2011, Bruce Fuller opened the door to his upscale Maitland home and motioned police to where Furruk…

2013-04-07 / Read More >>

South Florida home sellers driving hard bargains

It wasn’t so long ago that homebuyers had all the power….

2013-04-06 / Read More >>

Proposed amendment for 2014 ballot passes hurdle

With 10% of needed signatures on file, Fla. Supreme Court will review wording. Voter approval would earmark 33% of doc stamp tax…

2013-04-05 / Read More >>

Trulia: Single-family rents starting to soften

The rental market for apartments remains strong, but not so much for single-family homes, real estate website Trulia….

2013-04-04 / Read More >>

HUD ad series will fight housing discrimination

It’s Fair Housing Month. HUD celebrates with national media campaign that teaches the public about discrimination and explains h…

2013-04-04 / Read More >>

Real estate agent: 2013’s happiest job

CareerBliss says real estate agent ranks No. 1 for job happiness. “Realtors say that the way they work, and the rewards andhelli…

2013-04-04 / Read More >>

TD Bank survey: How happy are buyers with the buying process?

TD Bank survey: Mortgage process causes stress, and many buyers don’t look back on the experience fondly. But many consider Real…

2013-04-03 / Read More >>

It’s our birthday: Florida turns 500 this week

Juan Ponce de Leon arrived in 1513 – the first documented European to set foot on state soil. Gov. Scott urges Floridians to joi…

2013-04-03 / Read More >>

Law firm hosts certification courses for condo board members

The Kaye Bender Rembaum law firm is hosting free certification courses for condominium board members….

2013-04-03 / Read More >>

Are higher-priced new homes a bargain over time?

Builders have started telling buyers that new homes are better because they cost less to operate than existing homes, though the…

2013-04-03 / Read More >>

Pompano Marriott is among several new hotels on tap

The Pompano resort opens July 1; Delray’s Villas by the Sea opened recently

Pompano Beach is gearing up to welcome the…

2013-04-03 / Read More >>

Millennials want to buy – boomers want to sell

The perfect real estate storm? A survey finds strong demand soon from buyers 18 to 34, while an urban planner expects high inven…

2013-04-02 / Read More >>

NAR survey: More vacation homebuyers, fewer investors

Vacation home sales rose 10.1% in 2012. And while investor home purchases fell 2.1% compared to 2011, they remain high compared …

2013-04-02 / Read More >>

Workshop for homeowners coming to Miramar

Struggling homeowners trying to avoid foreclosure can attend a free workshop Saturday, April 6, in Miramar….

2013-04-01 / Read More >>

Amid shortage of inventory, real estate agents pounding pavement for listings

Every few weeks, real estate agent Roger Palmieri pulls a well-worn New York Yankees baseball cap onto his head, changes out of …

2013-04-01 / Read More >>

A different tax refund use: Help your credit score

While some people commit their tax refund to a house downpayment, those eyeing a home purchase in a few years should start focus…

2013-04-01 / Read More >>

FHFA to crack down on insurance forced by lenders

Feds identified two key problems with property insurance forced on homeowners by lenders. It’s considering rules and accepting p…

2013-04-01 / Read More >>

U.S. homeowners think it’s a good time to renovate

Houzz survey: 53% think now’s the time to remodel, and bathrooms top the project list at 28%. Also, 75% of those polled think it…

2013-04-01 / Read More >>

$20 million month for One Thousand Ocean condo

One Thousand Ocean inches closer to a sellout….

2013-04-01 / Read More >>

04/01: Progressions

Advertising

Barb Scherer, Fifth Third Bank’s Florida Regional Marketing Director, was appointed to the National Advertising Re…

2013-03-31 / Read More >>

CoStar’s People of Note (March 24-30)

This week’s People of Note includes the following markets: Chicago, Houston, Los Angeles, New York City, Northern New Jersey, Sa…

2013-03-29 / Read More >>

Florida leads U.S. in number of ‘zombies’ foreclosures

RealtyTrac: Fla. had 90,556 foreclosed homes that were empty in 1Q 2013 – or 39% of the 231,378 houses in Fla. in some stage of …

2013-03-28 / Read More >>

NAHREP report: Hispanics lead first-time homebuyer purchases

A new report says that Hispanics have the buying power to boost housing’s recovery if not blocked by inventory shortages and inv…

2013-03-28 / Read More >>

Florida consumers more optimistic than other Americans

UF survey: Florida’s consumer confidence rose in MarchA lower state unemployment rate and stronger housing market boosted Florid…

2013-03-27 / Read More >>

Pending home sales slip on constrained inventory

At 104.8, Feb.’s Pending Home Sales Index is down 0.4% from Jan., but 8.4% higher than year ago. Contract activity has been abov…

2013-03-27 / Read More >>

The CoStar Watch List Newsletter for March 28-April 3

This Week’s Top Stories

Distressed CRE: It’s a Seller’s Market
The market is good for bad properties right now; maybe too…

2013-03-27 / Read More >>

Case-Shiller index: Home prices continue to strengthen

An index measuring South Florida home prices rose 10….

2013-03-26 / Read More >>

Citizens Property Insurance launches True Cost Calculator

You may think you know how much your homeowners insurance costs you….

2013-03-26 / Read More >>

National consumer confidence index declines in March

National consumer confidence index declines in MarchThe recent sequester created uncertainty about the economy, which impacted A…

2013-03-26 / Read More >>

Westfield Enters $1.3B JV With O’Connor Capital

Westfield Group has entered into a joint-venture agreement with O’Connor Capital Partners covering six of its regional malls acr…

2013-03-25 / Read More >>

Housing market undergoes ‘complete transformation’

Builders facing lot shortages amid increasing demand for new homes

To analyze the housing market in South Florida, sur…

2013-03-23 / Read More >>

Fort Lauderdale has second-largest increase in construction jobs

The Fort Lauderdale metro area had the second-largest increase in construction employment in January over the year before, accor…

2013-03-22 / Read More >>

Property near public transportation worth 42% more

Fla. cities are adding new commuter options, and homes close to stations should be worth more. New study compares value to beach…

2013-03-22 / Read More >>

More than 50% of builders report labor shortage

NAHB survey: Industry can’t keep up with demand. Shortage of supplies and labor causing higher prices, completion delays and slo…

2013-03-22 / Read More >>

Analysis: Move-up buyers shouldn’t wait

An owner’s current home will probably rise in value, but so will the price of a dream home. It makes sense to move now and tap i…

2013-03-22 / Read More >>

CoStar’s People of Note (March 17-23)

This week’s People of Note includes the following markets: Chicago, Denver, Greenville/Spartanburg, New York City, Philadelphia,…

2013-03-22 / Read More >>

Orlando single-family sales outperform, but condo market lags rest of state

Metro Orlando’s residential real estate recovery has outperformed that of Florida’s other metropolitan areas when it comes to si…

2013-03-21 / Read More >>

Pompano Marketplace sells for $29.7 million

A Boca Raton -based firm is part of a group that acquired the Pompano Marketplace shopping center for $29….

2013-03-21 / Read More >>

Fla.’s housing market continues positive trends in Feb. 2013

Existing home sales up 10.3% year-to-year, price up 12.8%; condo sales up 7%, price up 21.1%. NAR: Sales up 10.2% year-to-year, …

2013-03-21 / Read More >>

Buying beats renting in South Florida, Trulia study finds

Despite rising home prices recently, buying still is a better deal than renting, according to a report from real estate website …

2013-03-20 / Read More >>

Cheaper to own than rent regardless of mortgage rate

Trulia: A home purchase in Miami, for example, could be 43% cheaper than renting, assuming a 30-year FRM, 20% down, seven-year s…

2013-03-20 / Read More >>

Time to look at the FHA 203k mortgage program?

An FHA 203k mortgage allows buyers to finance and fix a home under a single loan. Downpayments of at least 3.5% are required, bu…

2013-03-20 / Read More >>

Broward home prices rise 23 percent in February

Home prices and sales rose in February from a year ago as the hot streak for South Florida’s housing market continues….

2013-03-20 / Read More >>

The CoStar Watch List Newsletter for March 21-27

This Week’s Top Stories

Sporting Gun Stores Aim for Steady Growth with Little Contraction
While lawmakers continue to debate …

2013-03-20 / Read More >>

200K homes no longer underwater in 4Q 2012

CoreLogic: Rising home values helped homeowners emerge from negative equity. Florida is No. 2 in nation with underwater mortgage…

2013-03-19 / Read More >>

Parkway Picks Up 1M-SF Office Portfolio for $130M

An affiliate of Parkway Properties Inc. (NYSE:PKY) purchased a 1.02 million-square-foot

2013-03-18 / Read More >>

Parkway Closes 1M-SF Office Purchase

An affiliate of Parkway Properties Inc. (NYSE:PKY) closed on its purchase of a 1.02 million-square-foot

2013-03-18 / Read More >>

Milestone: Fla. unemployment rate now lower than national rate

More jobs mean more home sales, says Florida Realtors research dept. At 7.8%, this month’s Fla. unemployment rate hit its lowest…

2013-03-18 / Read More >>

Short sale stigma alive and well, study finds

If you’re trying to sell a home that’s not a short sale, be sure to say so in the listing….

2013-03-18 / Read More >>

New survey looks at multi-family rental properties

About 20% of households live in multi-family rental buildings. New HUD/Census study looks at how properties are financed as FHFA…

2013-03-18 / Read More >>

Foreclosures may ease shortage of homes for sale

But regular buyers losing out to investment firms

More than 56,000 homes in Palm Beach and Broward counties make up a …

2013-03-18 / Read More >>

03/18: Progressions

Architecture

Lilian M. Sherrard has joined SchenkelShultz Architecture as an architect in the firm’s Orlando office

Banking …

2013-03-17 / Read More >>

Medical offices moving to traditional retail locations to be closer to clients

It used to be that doctors would open offices wherever they wanted, figuring patients had no choice but to find them….

2013-03-16 / Read More >>

CoStar’s People of Note (March 10-16)

This week’s People of Note includes the following markets: Baltimore, Dallas/Fort Worth, Detroit, Hampton Roads, Los Angeles, Ne…

2013-03-15 / Read More >>

Ask a real estate pro: What to do when the appraisal comes up short

Board-certified real estate lawyer Gary M….

2013-03-14 / Read More >>

Fla. has top foreclosure rate for sixth month

Fla. foreclosure filings rose 6% in Feb. for month and 20% year-to-year for a 16-month high. Of the top 10 metro-areas nationall…

2013-03-14 / Read More >>

Texas landscape architecture firm opens Fort Lauderdale office

A 26-year-old landscape architecture and planning firm in Austin, Texas, has expanded to Fort Lauderdale….

2013-03-14 / Read More >>

One Thousand Ocean luxury condo in Boca Raton nearing sellout

Even though construction of One Thousand Ocean began at the height of the housing bust in 2007, the developer of the 53-unit lux…

2013-03-13 / Read More >>

Nordstrom Rack To Open 35,000-SF Store

Seattle-based Nordstrom continues to expand in the sunshine state. The fashion retailer’s newest store will be a 35,000-square-f…

2013-03-13 / Read More >>

Facility Closures & Downsizings: Boeing Consolidating Flight Training to South Florida

Boeing plans to consolidate its flight training capabilities in North America – including 787 flight and maintenance training – …

2013-03-13 / Read More >>

Florida tops nation in foreclosures for 6th straight month

Florida posted the nation’s highest foreclosure rate in February for the sixth consecutive month, according to RealtyTrac …

2013-03-13 / Read More >>

Miami Realtor group starts real estate school

The Miami Association of Realtors says it has launched the South Florida Real Estate School, offering courses in English and Spa…

2013-03-13 / Read More >>

NAR: Buyers value storage space, in-law suites

Survey: Buyers in the South, including Fla., predictably prefer A/C. Compared to other areas, many also want a home less than fi…

2013-03-13 / Read More >>

Kiplinger: Housing recovery firmly underway

It’s “hard to call the bottom,” but Kiplinger expects housing to help carry economy with “pretty solid growth.” And no national …

2013-03-13 / Read More >>

Report includes total HARP refinances by state

Federal home program backed 35% of all Fla. home refinancings since its start in 2009, and 58% of Dec. 2012 refinances. National…

2013-03-13 / Read More >>

The CoStar Watch List Newsletter for Mar. 14-20

This Week’s Top Stories

Changing Office Trends Hold Major Implications for Future Office Demand
Imagine what would happen if …

2013-03-12 / Read More >>

In The Pipeline: CoStar Development & Construction News for March 10 – 17

In The Pipeline is a column on significant acquisitions of commercial

2013-03-11 / Read More >>

Citizens is political minefield in Capitol debate

Florida lawmakers have been trying to “fix” Citizens Property Insurance for years….

2013-03-11 / Read More >>

NAR-owned Realtor.com puts on a new face

Move Inc., which oversees Realtor.com, will use “Find It First” campaign to tell visitors about its superior accuracy displaying…

2013-03-11 / Read More >>

Florida Realtors receives two national PR awards

Florida Realtors’ “I Give Because andhellip;” PAC campaign won top honors today from PR News in an award ceremony held at the Na…

2013-03-11 / Read More >>

Lawmakers move Citizens legislation

A massive bill to reform Citizens Property Insurance Corp….

2013-03-08 / Read More >>

Homebuyers frustrated by limited inventory as selling season looms

A shortage of available homes could make the traditional spring selling season a dud for many South Florida buyers….

2013-03-08 / Read More >>

Jacksonville Real Estate Brokers Win CoStar Power Broker Awards

The annual CoStar Power Broker Awards have been announced and the winners include several top firms and real estate brokers in J…

2013-03-08 / Read More >>

Big real-estate projects slow to get back on track

In one case, the developer still sits on the board of the homeowner association from which he is charged with stealing. In anoth…

2013-03-08 / Read More >>

South Florida apartment rents expected to keep growing

South Florida apartment dwellers will have to open their wallets wide over the next five years, according to a report released t…

2013-03-07 / Read More >>

More companies decide content is king

Keywords have lost some power over search engines, but good content – the info readers hope to find – can have staying power, es…

2013-03-07 / Read More >>

The CoStar Watch List Newsletter for Mar. 7-13

This Week’s Top Stories

Banks Edge Back Into Investment Property Lending
Banks boosted their overall lending for

2013-03-06 / Read More >>

Country Inn & Suites Trades for $2.1 Million

Kapil Bavabhai acquired the Country Inn & Suites at 7035 Commonwealth Ave. in Jacksonville, FL, from Navin Patel for $2.18 milli…

2013-03-06 / Read More >>

How to guide: Finding homeownership tax deductions

Homeownership comes with a number of easy-to-overlook IRS tax deductions, but website HouseLogic offers advice, including a list…

2013-03-06 / Read More >>

Investors starting young as housing market heats up

At 28, Rob Lananna wants to make real estate investing a full-time gig….

2013-03-05 / Read More >>

Real estate expo planned for Palm Beach County

Nearly 200 exhibitors have signed up to participate in the Palm Beach International Real Estate Expo later this month….

2013-03-05 / Read More >>

Equity Residential Traded 2 Multifamilies for $47.5M

Equity Residential sold two adjacent garden-style apartment properties in the Jacksonville, FL, suburb of Orange Park to Tampa-b…

2013-03-05 / Read More >>

Orlando quietly buys up even more Parramore land

Orlando’s purchase of $4 million worth of Parramore property last week wasn’t the full extent of the city’s land grab in the nei…

2013-03-05 / Read More >>

Jan. Home Price Index up almost 10% year over year

CoreLogic: Prices record biggest yearly jump since 2006 at 9.7%; prices increased 9% even when backing distressed sales out of t…

2013-03-05 / Read More >>

Fiserv: Foreclosures may hurt S. Fla. home prices

Average home prices in Broward and Palm Beach counties could fall through the third quarter of this year before rebounding in 20…

2013-03-04 / Read More >>

Realtors: FHA plays vital role for homeowners

In testimony before a U.S. Senate committee last week, NAR encouraged lawmakers to retain the FHA mortgage program, saying it ai…

2013-03-04 / Read More >>

Fast-rising home prices stir fears of another bubble

South Florida’s once-moribund housing market has rallied, with bidding wars pitting investors against first-time buyers in a cha…

2013-03-03 / Read More >>

Many improving their bad credit as economy improves

Melvin Montesino endured the full brunt of the Great Recession: A lost job, then foreclosure and even bankruptcy….

2013-03-02 / Read More >>

Gov. reappoints two to Real Estate Appraisal Board

Scott announced the reappointments of Joseph R. Boyd and Tamara J. McKee. The appointments are subject to confirmation by the Fl…

2013-03-01 / Read More >>

Foreclosure-related home sales decline in 2012

For the second consecutive year, Broward County buyers closed on fewer homes in some stage of foreclosure….

2013-02-28 / Read More >>

CoreLogic: Jan. foreclosures mark 15-month decline

Foreclosures down 17.8% year-to-year, up 10.5% month-to-month. Fla. second in number of foreclosures for year (95K) and No. 1 in…

2013-02-28 / Read More >>

If a listing says ‘parlor floor,’ it’s worth $5M

Few large estate sales include the word “fixer-upper.” Trulia took single words, checked each listing that used it, and calculat…

2013-02-28 / Read More >>

Florida Realtorsandreg; receives national media relations honor

The media.floridrealtors.org site earns Honorable Mention for Best Online Newsroom, one of only four finalists in PR Daily’s Med…

2013-02-28 / Read More >>

Realtor Magazine seeks Good Neighbor nominations

Know a Realtor who is dedicated to improving your community? NAR’s Good Neighbor award comes with a $10K grant and national publ…

2013-02-28 / Read More >>

HUD fair housing complaints easier to file

Is it housing discrimination? Smartphone app allows would-be renters or buyers to check the law on a smartphone and file a forma…

2013-02-28 / Read More >>

Miami seminar to aid struggling homeowners

Struggling homeowners in South Florida can discuss available options with lenders and housing counselors during a two-day worksh…

2013-02-27 / Read More >>

Florida’s consumer confidence drops one point

While the national Consumer Confidence Index surged more than 10 points, Florida’s confidence index survey by UF found a slight …

2013-02-27 / Read More >>

Graphic map shows Citizens Ins. coverage

As Floridians debate pros and cons of state-owned insurer rate increases, a group literally drew battle lines: a map showing Cit…

2013-02-27 / Read More >>

NAR: January pending home sales up in all regions

Index increased 4.5% to 105.9 in Jan. from 101.3 in Dec.; it’s up 9.5% year-to-year and highest since 2010. In Southeast, which …

2013-02-27 / Read More >>

Floridians get average $75,949 in relief from mortgage settlement

The historic settlement involving the nation’s five largest mortgage lenders has so far helped nearly 102,000 struggling Florida…

2013-02-26 / Read More >>

NAR: Commercial real estate sectors steadily improve

Economist: U.S. vacancy rates to decline 0.4 percentage point in the office market, 0.4 in industrial, 0.3 in retail and 0.1 poi…

2013-02-26 / Read More >>

Consumer confidence index rebounds in February

Americans apparently got past their fear of a fiscal cliff, and they adapted to the payroll tax cuts. Confidence surged 11.2 poi…

2013-02-26 / Read More >>

Chase, Wells Fargo to hold short sale seminar for real estate agents

A seminar Tuesday will help real estate agents understand how Chase and Wells Fargo process short sales….

2013-02-25 / Read More >>

South Florida home prices rise 10.6 percent in December

Home prices increased across South Florida in December for a 12th consecutive month, according to a national report released Tue…

2013-02-25 / Read More >>

Orlando’s $4M Parramore land buy could host soccer stadium

There’s no agreement to build a Major League Soccer stadium in Orlando, but city officials don’t seem to be waiting.

On Monday…

2013-02-25 / Read More >>

RIDA to enter tight 1-bedroom market

Orlando’s preliminary approval of apartments as part of RIDA Development’s as-yet-undeveloped Central Station project will add m…

2013-02-24 / Read More >>

Qualified Mortgage (QM) process outlined

The QM becomes effective in January 2014, tightening lenders’ mortgage approval standards. Government issued info on the impleme…

2013-02-22 / Read More >>

Fla.’s housing market continues upswing in Jan. 2013

Existing home sales up 11.7% year-to-year, price up 12.4%; condo sales up 2%, price up 18%. NAR: Sales up 9.1% year-to-year, sin…

2013-02-21 / Read More >>

Rising home prices may spur relocations

A homeowner that’s no longer underwater thanks to rising home prices has flexibility to move – and more could head to a city wit…

2013-02-21 / Read More >>

S. Fla. home prices rise amid strong demand, lack of inventory

South Florida home prices increased in January, pushed higher by investors and other buyers trying to outbid each other for a sh…

2013-02-20 / Read More >>

Zillow: Underwater mortgages declining but problem persists

The problem of underwater mortgages is subsiding but remains “a major factor” in the housing market, Zillow….

2013-02-20 / Read More >>

Jorge Perez moving forward with Hallandale Beach condo

Developer Jorge Perez has launched sales at his latest condominium project, BeachWalk in Hallandale Beach….

2013-02-20 / Read More >>

Taco chips found by location

If you like to cook, chances are that your kitchen is the heart of your home. Many family traditions center around food, so it’s…

2013-02-20 / Read More >>

Homeownership remains essential part of American Dream

LendingTree survey: 79% of owners believe homeownership remains an essential; 76% are confident they could sell their current ho…

2013-02-20 / Read More >>

Market Trend: Jacksonville’s Industrial Vacancy Decreases Slightly to 10.1% in Q4 2012

The Industrial vacancy rate in the Jacksonville market area decreased to 10.1% at the end of the fourth quarter 2012. The vacan…

2013-02-19 / Read More >>

Market Trend: Jacksonville’s Industrial Deliveries and Construction in Q4 2012

During the fourth quarter 2012, three buildings totaling 41,808 square feet were completed in the Jacksonville market area. This…

2013-02-19 / Read More >>

Market Trend: Net Absorption Positive 512,271 SF for Jacksonville’s Industrial Market in Q4 2012

Net absorption for the overall Jacksonville Industrial market was positive 512,271 square feet in the fourth quarter 2012. That …

2013-02-19 / Read More >>

Builder confidence virtually unchanged in Feb.

Why haven’t builders grown more confident over the past three months? They see strong rebound signs but can’t find skilled worke…

2013-02-19 / Read More >>

Visa program boosts commercial, helps international

An EB5 visa requires a $500K investment that creates jobs. Commercial developers see cheap capital – international buyers see a …

2013-02-15 / Read More >>

Fla. foreclosures up 12% in Jan., 20% year-to-year

State has six cities in the national top 10, says RealtyTrac. The upside: Foreclosures nationally dropped 7% for the month and 2…

2013-02-14 / Read More >>

Obama eyes housing in State of the Union speech

Housing advocates noted some pro-housing comments, such as an easing of mortgage rules that make it hard for creditworthy borrow…

2013-02-14 / Read More >>

Fair housing: Can’t just call it a 55-plus community

HUD: A Minn. condo complex failed to verify the ages of residents as required under Fair Housing Act. It must now pay $42,200 an…

2013-02-14 / Read More >>

Explore Florida state parks through mobile app

Is “close to a state park” part of a listing description? DEP’s official smartphone app includes educational info, maps and a re…

2013-02-13 / Read More >>

New HUD rule bolsters housing-bias law

A statistical analysis can now be used to show that a city or lender rule discriminates against a protected class, even if that …

2013-02-13 / Read More >>

A Fla. rarity: Property insurer to cut rates

A force-placed insurer – one a lender “forces” on a homeowner – will cut rates 18.8%, say state officials. It impacts 126,336 po…

2013-02-12 / Read More >>

Fannie Mae upgrades short sale process

Short sale trouble with a lender? An upgrade to HomePath makes it quicker and easier to escalate a case and talk directly to a F…

2013-02-12 / Read More >>

Small business loans could take a hit

An $85 billion mandatory across-the-board cut to gov’t programs could take effect March 1. If it does, SBA loan funding may be c…

2013-02-12 / Read More >>

Short sale workshop slated for Miami

U.S. Treasury: Two-hour workshop with major lenders on Feb. 27 trains Realtors on HAFA and speedy short sales. Homeowner session…

2013-02-12 / Read More >>

Florida Realtors Take 5: New tech isn’t always good

Jeff Turner: It may be cutting edge tech, but do you need it? If it doesn’t save time or increase income, think twice before ado…

2013-02-11 / Read More >>

NAR: 4Q home prices see strongest increase in seven years

NAR: 4Q home prices see strongest increase in seven years…

2013-02-11 / Read More >>

Fla.’s housing market gained strength, momentum in 2012

Fla. single-family home sales up 8.5% in 2012, but up 21.2% in fourth quarter year-to-year. NAR: 10% fourth quarter price increa…

2013-02-11 / Read More >>

NAR: Commercial investors eager to ‘turn the page’

New annual report finds investors frustrated by uncertainty and a sluggish economy. They see current market as the “new normal” …

2013-02-08 / Read More >>

FHA wants 5% downpayment for jumbo loans

Would that create a hardship for clients? Why? There’s a 30-day window for comments that FHA will consider before finalizing or …

2013-02-07 / Read More >>

Zillow says remodeling tool as ‘revolutionary’ as Zestimates

Zillow Digs for iPad helps users research projects, estimate costs, talk to like-minded people, save ideas they like and contact…

2013-02-06 / Read More >>

Florida Realtorsandreg; 2013 legislative issues: affordable housing, property insurance, commercial lease tax elimination

Realtors’ issues concern all Floridians: affordable housing, eliminating a tax on commercial rents, property insurance and the j…

2013-02-06 / Read More >>

Survey: Economic uncertainty keeps renters renting

Why don’t renters become buyers? 22.2% consider renting cheaper; 15.7% see it as more flexible; 11.2% lost a home to foreclosure…

2013-02-06 / Read More >>

Sobel Co. planning townhomes in Pompano Beach

A developer is taking advantage of an improved housing market with plans to build a second boutique townhome project in Pompano …

2013-02-05 / Read More >>

CoreLogic: 767,000 completed foreclosures in 2012

Foreclosures dropped 21% between Dec. 2011 and Dec. 2012, according to CoreLogic. Fla. tops with 10.1% inventory in Dec. but als…

2013-02-04 / Read More >>

Renowned architect Ingels behind bold Marina Lofts proposal

But some Fort Lauderdale residents say development would be out of place

The renderings are striking for Marina Lofts,…

2013-02-04 / Read More >>

Citizens Property Insurance undergoes KPMG audit

In its continuing efforts to get its own house in order, Citizens Property Insurance Corp….

2013-02-02 / Read More >>

Concerns remain over mortgage interest deduction

Congress’ support for homeownership seemed to waver last year, though it appears more solid now. But NAR says the mortgage deduc…

2013-02-01 / Read More >>

Governor’s budget supports affordable housing, more economic development

Gov. Scott proposed a budget hailed by housing and business groups. It has $50 million for affordable home programs and funds ot…

2013-02-01 / Read More >>

Florida Realtors PAC campaign receives national honors

State association is a finalist in two categories in the national PR News Nonprofit PR Awards for the Florida Realtors PAC, “I G…

2013-02-01 / Read More >>

Florida rolls out pro-business branding campaign

Tagline: “Florida. The Perfect Climate for Business.” Officials say state branding will help attract economic investment and com…

2013-02-01 / Read More >>

Flipping homes not as easy as it appears

Board-certified real estate attorney Gary M….

2013-02-01 / Read More >>

FHA to tighten some loan rules

Some changes could make it more difficult for a buyer to qualify. Amount over $625,500? You now need 5% down. Lower credit score…

2013-01-31 / Read More >>

S. Fla. among 20 best markets for buying foreclosures

Despite recent concerns about a shortage of homes for sale, South Florida still ranks among the top 20 markets nationwide in whi…

2013-01-31 / Read More >>

Homeownership also the newly American dream

Census Bureau: 51.5% of foreign-born residents own a home in U.S. – 59.5% in Fla. It ranges from 63.4% in Jacksonville to 57.5% …

2013-01-30 / Read More >>

UF: Fla.’s consumer confidence down one point in Jan.

UF: Confidence, however, rose five points for those making less than $30,000, an increase offset by a seven point decline among …

2013-01-30 / Read More >>

Citizens executives preach moderation

Top executives for Citizens Property Insurance Corp….

2013-01-30 / Read More >>

South Florida home prices rise in November

South Florida home prices increased in November as the housing market continues to show signs of steady improvement….

2013-01-29 / Read More >>

Fannie Mae: Improvement continues – but slowly

Housing will contribute to U.S. growth in 2013, and growth will continue thanks to housing. But economists expect it to be “belo…

2013-01-28 / Read More >>

NAR: Dec. pending home sales down but still on uptrend

A smaller supply of homes for sale, notably those costing less than $100,000, make it tougher to get a contract signed, says NAR…

2013-01-28 / Read More >>

Bank of America files to evict Boca Raton squatter

Andre Barbosa’s days of stylish squatting in a $2….

2013-01-26 / Read More >>

Housing starts increase as buyer sentiment improves

New homes are rising again across South Florida….

2013-01-26 / Read More >>

Realtor complaint website shut down

The site allegedly posted fake reviews that it would take down for a fee, but it quickly faced objections from Florida Realtors,…

2013-01-25 / Read More >>

Insurance advocate touts mitigation to lawmakers

A Broward County home was featured Wednesday in Florida Insurance Consumer Advocate Robin Westcott’s presentation before the Sen…

2013-01-25 / Read More >>

NAHB: Multifamily to remain strong through 2013

Panelists say multifamily has recovered substantially since 2010, and it’s now about 70% of the way back to a sustainable level….

2013-01-24 / Read More >>

Push for Fla. education reform impacts housing

School quality impacts home values. A Florida Realtors group is studying the issue, and Pres. Asher backed Gov. Scott’s move tod…

2013-01-23 / Read More >>

FHFA: House Price Index Up 0.6% in Nov.

Agency that tracks Fannie Mae and Freddie Mac loans found a 5.6% increase over 12 months, with the last price decline in January…

2013-01-23 / Read More >>

Home builders release forecast for 2013

The good: “Every measure andhellip; has been trending upward.” The bad: “tight mortgage lending andhellip; inaccurate appraisals…

2013-01-23 / Read More >>

NAR: Existing-home sales slip in Dec., prices rise; 2012 totals up

NAR: Existing-home sales slip in Dec., prices rise; 2012 totals up…

2013-01-22 / Read More >>

Fla.’s housing market continues positive track in Dec. 2012

Home sales up 15.8% year-to-year, prices up 14.1%; condo sales up 8.6%, prices up 26.3%. NAR: Dec. sales slip 1% compared to Nov…

2013-01-22 / Read More >>

Remodeling market remains strong in 4Q

Americans are upgrading property at the fastest pace since early 2004, partially thanks to buyers personalizing new homes….

2013-01-21 / Read More >>

Website forces Realtors to check online reputation

An apparent scam asks Realtors to pay money to remove negative online reviews. NAR suggests six steps to help protect an online …

2013-01-18 / Read More >>

Appraisal rule issued for higher interest loans

Six federal agencies issued rules that protect buyers with higher-interest loans, including a mandate that appraisers physically…

2013-01-18 / Read More >>

Fla. A.G. Bondi: $60M more available for housing

Fund approved by Legislature includes $35 million for downpayment assistance, $10 million for counseling and $5 million to speed…

2013-01-18 / Read More >>

Fla. has money for foreclosed owners but few apply

The window to apply ends tomorrow. Fla. A.G. Bondi’s office attempted to contact ex-owners and has now started calling to boost …

2013-01-17 / Read More >>

Fla. has nation’s top foreclosure rate in 2012

One in 32 Fla. housing units with a mortgage – 3.11% – received at least one foreclosure notice last year. Second-place Nev. saw…

2013-01-17 / Read More >>

Business identity theft on upswing in Fla.

Florida Realtors joined state leaders for a discussion on business identity theft. Report recommends ways to make it more diffic…

2013-01-16 / Read More >>

Buyers: Don’t just list a home – prepare it first

To sell a home or get top dollar, sellers must look at their property through the eyes of a potential buyer. Consider these five…

2013-01-16 / Read More >>

Foreclosure inventory falls 10% in one year

Lender Processing Services: November Mortgage Monitor report by Jacksonville-based LPS finds national foreclosure inventory drop…

2013-01-16 / Read More >>

Builder confidence steady in January

NAHB: The new-home market looks much better than it did one year ago, but the fiscal cliff caused a number of builders to temper…

2013-01-16 / Read More >>

What does the typical Fla. buyer, seller look like?

Would a Realtor marketing to first-time buyers get more leads targeting retirees? Find out: Fla. Profile of Home Buyers and Sell…

2013-01-15 / Read More >>

CoreLogic predicts 6% home price increase in 2013

Latest CoreLogic report says 2012 saw “an impressive recovery.” Its index based on repeat sales had a 7.5% price increase last y…

2013-01-14 / Read More >>

How does the new QM mortgage rule impact buyers?

NAR released a statement praising the QM released last week, saying it won’t disrupt the market. However, a few things will chan…

2013-01-14 / Read More >>

Florida Realtorsandreg; seeks student scholarship entries

What if your child could get money to help pay for school – and it’s not a loan? Apply for Education Foundation Student Scholars…

2013-01-14 / Read More >>

Forecasts bank on Sunrail, downtown

Expectations will be high this year for continued growth in multifamily construction and other development tied to two highly in…

2013-01-13 / Read More >>

Enter now: NAR’s 2013 Volunteering Works Program

Realtors working with a small-scale charity could receive a year of mentoring and $1,000 to expand their charitable program….

2013-01-11 / Read More >>

Website scams Realtors protecting their reputation

A website appears to scam Realtors by posting a negative comment – probably fake – and then offering to remove it for a fee….

2013-01-11 / Read More >>

Housing affordability sets all-time record in 2012

NAR has not yet reported Dec. numbers, but 2012 is lining up to be the best year for housing deals since recordkeeping began in …

2013-01-10 / Read More >>

Qualified mortgage (QM) rule announced

The QM (qualified mortgage) rule, which had the potential to disqualify more buyers seeking a mortgage, was released today – it’…

2013-01-10 / Read More >>

Fla. releases info on state insurance companies

Fla.-owned Citizens Property Ins. tops state with 1.4 million policies – more than the four largest private insurers combined….

2013-01-09 / Read More >>

7 tax mistakes startups should avoid

Taxes can be confusing, and many startup business owners fail to fully understand the rules. Best advice: Hire a good tax advise…

2013-01-09 / Read More >>

Citizens Property Ins. offers new type of coverage

Fla.-owned insurer’s new policy is about 21% cheaper, but it covers less and comes with restrictive rules on who qualifies for c…

2013-01-08 / Read More >>

HUD and Census Bureau expand access to housing info

Online tool allows anyone to research economic data, including housing, by state, county, city, zip code and county subdivision….

2013-01-08 / Read More >>

Google home searches up 243% in four years

NAR/Google study: When shopping, buyers tend to use search engines first, maps second and mobile apps toward the end….

2013-01-07 / Read More >>

Improving housing market list expands to 242

NAHB: 67% of U.S. markets have improved for at least six months. Fla. has 15 cities on Jan. list, though two dropped off….

2013-01-07 / Read More >>

Real estate pros expect good things in 2013

There’s no sure thing, but home prices are up, buyers searching, mortgage rates staying low and pending sales rising….

2013-01-07 / Read More >>

Top real estate stories of 2012

What changed the state’s real estate world this year? Florida Realtors put together its annual list of top stories….

2012-12-21 / Read More >>

No Fla. counties mandate septic tank inspections

Septic inspections became law in 2010; but in 2012, lawmakers gave 19 high-risk counties an opt-out and all took it….

2012-12-21 / Read More >>

Fla.’s housing market continues upswing in November

Home sales up 24% year-to-year, prices up 11%; condo sales up 18%, prices up 23%. NAR: Sales up about 6%, prices up 10%….

2012-12-20 / Read More >>

Agents prepare homebuyers to compete

Many buyers still expect a great deal on a foreclosure, so agents must prep them for a competition of multiple bids….

2012-12-19 / Read More >>

Developers scramble to catch up with apartment boom

Apartment demand has developers ramping up work. Multifamily building is about 2/3’s what it was before the recession….

2012-12-19 / Read More >>

Nov. home sales, prices higher than expected

Re/Max CEO calls 2012 a “great turn-around year for housing”; says Nov. had 15.7% sales increase year-over-year….

2012-12-18 / Read More >>

Builder confidence at six-year high

NAHB: It’s a two-point gain from a slightly revised Nov. reading and its highest level since April 2006….

2012-12-18 / Read More >>

Most Muslims, Hindus don’t take time off from work for holidays

As we head into a busy holiday season highlighted by Thanksgiving, Christmas and New Year’s, let me be among the first to wish y…

2012-11-12 / Read More >>

Valencia’s green ambitions shift a bit

Valencia College, which has been somewhat of a leader in green construction in recent years, has backed off from seeking a covet…

2012-04-01 / Read More >>

Dreams of luxury become nightmare in Bimini Bay development

Bimini Bay was supposed to be a world-class vacation resort, with a water park, clubhouse and 360 town homes just a few miles fr…

2011-12-03 / Read More >>

Clerk’s Office aims to stop bogus foreclosure sale prices

The Orange County Clerk of Courts office took a definitive step Tuesday in preventing investors buying up foreclosure properties…

2011-04-26 / Read More >>

Foreclosure auctions: Are bogus prices hiding profit?

Properties purchased through Orange County Clerk of Courts foreclosure sales at one price are appearing in the county Property A…

2011-04-14 / Read More >>

test20NEW

test2…

1234-5- / Read More >>

test3

test3…

1234– / Read More >>

<< Go Back

Connect With Us