Feds Go After Miami, New York City Real Estate Cash DealsThe U.S. Treasury Department announced Wednesday they will be going after Miami and New York City buyers, who are snatching up high-end real estate with cash.
Facing South Florida: Downtown Miami DevelopmentYou've probably heard some of these project names: Miami World Center, Brickell City Centre, All Aboard Florida.
The Bizarre Rise Of Miami's Real Estate MarketIt was just a few years ago we were talking about Downtown Miami's demise. Developers had overbuilt, the economy was tanking and more than 20,000 condos sat unsold. Today many of the condos still sit empty, but they are being sold at top dollar. The bizarre ups and downs of downtown real estate market are odd to say the least. What has happened around it is even stranger.
Related Group Takes All Cash Deposits On Planned Miami CondosCondo king Jorge Perez said on national television recently that he would be collecting 100% deposits on new condos he is building in South Florida.
Downtown Miami Enjoying Condo Sale ResurgenceDowntown Miami is enjoying a renaissance of sorts in the real estate market as condo sales boom after completely crashing in 2009. Now, cash is required and getting your hands on a stylish condo is getting tougher.
South Florida Foreclosures Higher In 2012 Than In 2011While South Florida's economy as a whole is recovering, the housing market is doing the opposite.
South Florida Real Estate On The RiseWhen longtime realtor Hazel Goldman listed a two bedroom South Miami house recently she was surprised to see what happened just six days later. It was sold.