real estate

Real Estate
7:35 am
Mon July 29, 2013

Miami Beach Preservationists Battle Glitterati Over Homes

This house owned by a plastic surgeon and his wife, a cast member on The Real Housewives of Miami, is the poster child for efforts to stop runaway demolitions in Miami Beach.
Courtesy of Arthur Marcus

Originally published on Mon July 29, 2013 12:35 pm

Some of Miami Beach's quietest and most historic neighborhoods can be found in a chain of small islands connected by a causeway. On Di Lido Island, a community of homes built 50 and 60 years ago is being torn down and replaced, lot by lot. On one street alone, five houses currently are slated for demolition.

Daniel Ciraldo stands across the street from two '60s-era houses that will soon be demolished and replaced by a new home nearly double their combined size.

Read more
Real Estate
11:40 am
Fri July 19, 2013

What Rising Interest Rates Mean For South Florida Real Estate

At the end of June, mortgage interest rates moved into the fours. Psychologically, the jump has given buyers an itch. Rates have surged since the U.S. Federal Reserve began to slow its purchases of U.S. government bonds on which market rates are based. Those purchases have kept interest rates at record lows. What does this mean if you're buying or selling in the local market?

Read more
Retirement Destination
6:30 am
Mon July 8, 2013

Real Estate Study Inadvertently Reveals South Florida Population Isn't THAT Old

Florida has a higher percentage of people 65 and older than any other state. But South Florida's reputation as a retirement destination may not be accurate.
Credit Lee Cannon

The California-based real estate analysis company RealtyTrac has released a list of the nation’s top “Retirement Hot Spots for Real Estate Investing.” No surprise, Florida figures prominently - 7 of the top 15 cities are in the Sunshine State.

What might be surprising though, none of those are from South Florida.

Read more
Blogosphere
3:00 pm
Fri July 5, 2013

The Florida Blogup: Buildings, Beers, and the Miami Arena

Miami Arena before its demolition

Miami Arena Opened 25 Years Ago This Week

Blogger Bill Cooke reminisces when the Arena opened in 1988 through newspaper clips.

When it first opened in Downtown, many said it would bring in business and revitalize the area, but the only thing it attracted was a sports bar that failed.

The blogger has more newspaper clips detailing the arena’s history at Random Pixels.

Read more
Community Contributor
6:24 am
Mon July 1, 2013

South Florida High Cost Of Living Outpaces Incomes, Realtor Says

I resigned a position in November 2012. The income was decent, but the position I resigned was 42 miles north in Broward County. Gas and tolls cost about $600 per month. While the pay was a very good income seven years ago, a lack of raises meant it was no longer adequate. In the past few years we have seen drastic increases in home insurance cost, gas, health insurance, food, and electricity. Yet income levels have not increased to keep pace with the expenses.

Read more
Technology
7:30 am
Fri May 31, 2013

Satellite Images Show South Florida's Building Boom Since 1984

A satellite image of South Florida, courtesy of NASA, showing a large chunk of Miami-Dade County and parts of Broward County.
Credit NASA

A recently unveiled project between NASA, the U.S. Geological Survey, TIME, Internet search giant Google and the CREATE Lab at Carnegie Mellon University offers a rare glimpse of human life on Earth.

Over the last few decades, NASA and the USGS have been compiling satellite images of every part of our planet as part of the Landsat program, the world's longest running enterprise for gathering satellite imagery.

Read more
Under the Sun
5:55 pm
Mon March 18, 2013

Five Questions: Peter Zalewski

Peter Zalewski, principal of Condo Vultures

Five years ago, Peter Zalewski was working as a business journalist, but he jumped into real estate before the condo crisis hit and founded Condo Vultures. His provacatively named real estate firm has grown by leaps and bounds, helping buyers to sift through the foreclosure stats and find steals in South Florida’s real estate collapse. Last year, he also appeared in Michael Moore’s

Read more
South Florida's Condo Market
8:25 am
Fri February 22, 2013

In Miami, A New Condo Boom Revives Hopes Of Housing Recovery

Brickell CityCentre is a new project that includes retail, offices and two condo towers. In all, some 19 condo towers are going up in downtown Miami, just seven years after the housing market crash.
Greg Allen NPR

Originally published on Fri February 22, 2013 8:07 am

Here's a headline that may sound familiar: Miami is in the middle of a condo boom.

Just seven years ago, Miami had a similar surge in condo construction. But it all came crashing down. There was an international banking crisis, and the Florida real estate bubble burst — taking down investors and many developers.

But new towers are once again reshaping the city's skyline.

Peter Zalewski, a real estate consultant with Condo Vultures, says 19 condo towers are now in the works in Miami, with 7,000 total units.

Read more
Marco Rubio's House
3:06 pm
Fri February 15, 2013

Rubio On The Move, At Least Once The House Sells

Sen. Marco Rubio, R-Fla., works in his Capitol Hill office on Feb. 7.
J. Scott Applewhite AP

Originally published on Thu February 14, 2013 6:28 pm

Remember Sen. Marco Rubio's paean to his Florida neighborhood in giving the Republican response to the State of the Union address?

Read more
Waterfront Property
9:03 am
Wed January 16, 2013

Supreme Court: Floating Home Still A Man's Castle

Fane Lozman's floating home is docked at a marina in Riviera Beach, Fla., in this undated photo from court documents.
Reuters/Landov

Originally published on Tue January 15, 2013 7:54 pm

The U.S. Supreme Court ruled Tuesday that a Florida man's floating home was a house, not a boat, and that therefore, the city marina where he kept it docked could not seize the structure under federal maritime law. The case could affect thousands of houseboat owners nationwide.

Read more
Real Estate
7:00 am
Mon November 26, 2012

Real Estate Agents Say Miami's Market Is Booming Again

Real estate agents say Miami's real estate market is booming like never before.

The past couple of years have been difficult for the state's real estate market-- particularly in South Florida. However, real estate agents now say that Miami's market is finally booming after years of a lull.

According to Bloomberg News,

Read more
The Florida Roundup
2:06 pm
Tue November 20, 2012

Marlins Trade Away Top Players - And Fans' Trust

With the Marlins purge, does Miami have a bit of buyer's remorse over the mostly publicly-funded stadium?
Credit ItsL_E

The Marlins latest fire sale is official: Major League Baseball Commissioner Bud Selig approved the trade of 5 of the team’s top players.  

Read more
Housing Crisis
10:56 am
Wed October 24, 2012

ProPublica: State Lawmakers Are Holding Up $300 Million Meant to Help Homeowners

Florida's is sitting on $300 million meant to help homeowners.
401(K) 2012 /Flickr

ProPublica reports that $300 million awarded to Florida through a settlement over bad mortgages and foreclosures remains untouched. 

That money is meant to help homeowners in Florida that were hurt by the state's housing crisis.

Millions of dollars were given to individuals and state governments by big banks accused of wrongful foreclosures and other mortgage servicing abuses.

Florida got the biggest sum of money-- besides California-- because the state was wracked by the housing crisis.

Read more
Broward Ranks First Among Florida Counties
5:02 pm
Thu October 11, 2012

Florida Leads The U.S. In Foreclosures

Florida is number one when it comes to foreclosures. This is the first time since 2005 that Florida has held the top spot.

The rankings for September are based on figures released Thursday by RealtyTrac.

Within the state, Broward County has the highest percentage of homes going through the foreclosure process.

Read more
Arts
4:48 pm
Wed October 10, 2012

The Nine Best Blocks In South Florida

Photo of Allapattah submitted by Albert Harum-Alvarez.
Credit Albert Harum-Alvarez

For the first time since the 1920’s, young people across the United States are migrating back to the urban cores, and leaving the suburbs behind, according to U.S. Census data.

Read more

Pages