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The Real Estate Network
Strategies of the Condo Vultures®
Blog by Peter Zalewski
Florida
Chroniclizing the downturn of condominium market from a buyer's perspective. SubscribeRecent Comments
RE: 8,400 South Florida Condos Go Into Foreclosure in '08Peter, thank for the informative and inciisive ana...
New Miami Condo Tower Being Foreclosed By Construction LenderConstruction lender Wachovia Bank has filed a fore...
RE: Countrywide Tries To Dump 559 South Florida REO Properties I would like a listing for the properties in palm...
RE: Countrywide Tries To Dump 559 South Florida REO Properties I would like a list of the properties in florida,k...
New Miami Condo Tower Being Foreclosed By Construction LenderAn all-cash, magnitude emptor that prepaid $36 car... Archive |
Strategies of the Condo Vultures®
Jan. 7, 2009
A Miami bulk buyer has obtained a $21 million mortgage from a insurance company.
Dec. 8, 2008
For the second week in a row, the number of available residential properties in South Florida has dropped by several hundred units as the number of new pending sales has increased by a smaller amount, according to a new report by Condo Vultures® LLC.
Dec. 5, 2008
The developer of the newly delivered 384-unit Trump Royale oceanfront condo in Sunny Isles Beach, Fla., has established a leasing program where individuals can rent to own a new luxury unit for a fraction of the carrying costs.
Dec. 4, 2008
Construction lender Wachovia Bank has filed a foreclosure lawsuit on the remaining 285 units in the new 42-story Wind by Neo condominium tower in Greater Downtown Miami, according to Miami-Dade County records.
Dec. 2, 2008
Greater Orlando has nearly 156,000 vacant residential lots sitting idle in central Florida due to the state’s dramatic housing crash.
Oct. 28, 2008
The wealthy may be immune to economic downturns but that hasn’t stopped 33 luxury properties valued at between $1 million and $5 million from going into foreclosure in South Florida, according to a new Vultures Database™ report from Condo Vultures® LLC.
Oct. 1, 2008
Hampered by falling property taxes, a South Florida group is proposing a 2010 constitutional amendment to permit full-fledged casino gambling just west of Biscayne Boulevard in Downtown Miami.
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