real estate

Halloween is upon us and with the coming of this day, comes another reminder that buyers should beware. What does state law have to do with the house you buy in Florida? A lot, and in ways you might not have imagined. If you're not buying a newly-constructed house, there's a history to be considered. Cooley Law School Assistant Professor Remalia DuBose says laws vary from state to state about what sellers must disclose to potential buyers---like, if the house is haunted.

Mana Wynwood

Negotiations for a long-planned development in Miami continued Wednesday, as representatives of the Mana Wynwood team met with members of the Wynwood Business Improvement District. The development would occupy as much as 24 acres and include art galleries, a new fire station, residences and a public open space called the Wynwood Commons. But Wynwood leaders are concerned that recent changes to the plan would decrease the total amount of public benefits dollars their neighborhood would receive...

Miami Herald

This week on The Florida Roundup... We bring you the latest information on the developing weather in the Caribbean with Meteorologist Jeff Huffman. Next, a week after Miami Beach is declared a Zika zone, the virus has infected local politics as new cases are found along the Gulf Coast of Florida. Who exactly is in-charge of getting timely information out to the public? Is it the Governor? Is it the Department of Health? WLRN's Sammy Mack and Jenny Staletovich with the Miami Herald join for...

Ashlyn Grantham/flickr

Florida Attorney General Pam Bondi is under growing pressure thanks to a three year old, $25 thousand contribution to her political action committee from a nonprofit associated with Donald Trump. The money came as her office was considering whether to join an investigation of fraud allegations at Trump University. The law firm at the center of the global Panama Papers leak was used by Cuba for years to get around the American trade embargo . How did it work, and how does this impact the...

The Future Of North Beach Is Up For Grabs

Mar 24, 2016
James Teeple

The future of Miami Beach’s North Beach neighborhood is up for grabs. People who like the sleepy, low-rise neighborhood that stretches from 63rd Street to 87th Street call it funky, but those who want change call it faded. In February, North Beach residents, city officials, town planners and even some developers met at a “charrette” or design workshop to hash out ideas for a future North Beach. The workshop was organized by Dover Kohl and Associates, the town planning firm that’s been...

Keys InfoNet

The former CEO of a Keys-based vacation rental investment company has been sentenced to 40 years in federal prison on bank fraud and obstruction charges. Fred Davis Clark Jr., known as "Dave," 57, was convicted in December of bank fraud, making a false statement to a financial institution and obstruction of the Securities and Exchange Commission. "We have reason to believe that it was one of the largest frauds in the history of Monroe County," said Assistant U.S. Attorney Jerrob Duffy. Cay...

PETER ANDREW BOSCH / Miami Herald

Condominium and luxury real estate sales may slow down in Miami this year. That's due in large part to the fact that economies in Brazil, Argentina and Venezuela are collapsing. And billions in real estate purchases in Miami comes from South America. But not all real estate will be in bad shape in the coming year. Nick Nehamas of the Miami Herald wrote about real estate and other economic predictions for 2016. This is actually looking pretty bad for Latin America. The IMF is saying that Latin...

courtsey

When one thinks of real estate in South Florida, one probably thinks of the housing market. That wouldn’t be wrong, but the other big slice of real estate -- and one with the cranes and big construction projects -- is coming off a big year. Last year South Florida saw more than a dozen commercial real estate deals of more than $100 million dollars. Billions of dollars of office buildings, condo buildings, shopping malls and warehouses were bought and sold throughout the region. Can the boom...

A new report by federal investigators says Florida has consistently underperformed other states in using federal mortgage assistance money to help desperate homeowners facing foreclosure.

Tom Hudson

Between a neighbor's leaf blower and planes overhead taking off from Miami International Airport, it's hard to hear Jorge Artiles describe the home on Northwest 34th Street. It's rundown with pockmarks on its stucco exterior. An iron bar door is padlocked with a realtor's lockbox. Bars run across the windows, too, which are boarded up with plywood. The green paint on the concrete front step has been worn away. Yet, this home is among those Artiles and the company he works with, InvestQuest,...

Wilson Sayre / WLRN

It would have been tough to beat June’s housing numbers, a month when Miami-Dade County set an all-time record for single-family home sales.

While South Florida as a whole saw a slight drop compared to June, July’s sales were still about 14-percent higher than July last year, according to a report from Florida Realtors.

Part of that boost comes from Palm Beach County, where sales for condos, townhouses and single-family homes have skyrocketed. Year-over-year home...

Andy Newman / Florida Keys News Service

The financial news service Bloomberg created a list of the 50 wealthiest small towns in America and only one is in Florida: Key West. The southernmost city ranked 13th on the list. The index was created by measuring median income, percentage of households with income of more than $200,000, median home value and percentage of homes valued at more than $1 million. Most of the top 20 are western ski resorts in Utah and Colorado. A few others are northeastern enclaves, like Vineyard Haven in...

Joe Raedle / Getty Images via Miami Herald

Outside the Calvary Bible Alliance Church, Jean Celin holds court. Dressed in a smart black suit, headset cradling his neck and cell phone in hand, Celin greets a steady stream of churchgoers while taking one phone call after another.

Celin is the assistant pastor at this Haitian church in Delray Beach. He’s been coming here for the past 30 years — almost as long as he’s been in the United States. “Everybody likes him,” says Marc Horace, the senior pastor at Calvary. “He’s very...

Miami Herald

Florida remains one of the states with the highest foreclosure rate, according to a new report from real estate firm RealtyTrac. The Sunshine State has four of the five metro areas with the highest foreclosure rates: Tampa, Lakeland, Jacksonville and Ocala. But compared to last year, foreclosures are down and, according to Daren Blomquist, VP at RealtyTrac, a lot of the bad loans that led the nation into the housing crisis are cycling out of the system. Blomquist says one of the brighter...

The Miami Herald

Last week, Gov. Rick Scott signed into law a bill protecting tenants living in foreclosed homes. The law was passed unanimously by both houses and takes effect immediately. Renters living in foreclosed homes had previously been protected by a federal law that gave them 90 days or until the end of their lease to move out. But that law expired December 31. Without any comparable state law in place, Florida’s tenants were left with few legal remedies.

Alice Vickers, director of the...

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