Florida
Chroniclizing the downturn of condominium market from a buyer's perspective.
|
Jan. 29, 2009
Short sales, real estate owned properties, and bank properties were a significant reason that deeply discounted South Florida condos, townhouses, and single-family houses traded in 2008.
Jan. 28, 2009
For the year, resales fell by -19 percent in Miami, -4 percent in South Florida, and -6 percent throughout the state of Florida.
Jan. 26, 2009
The number of single-family houses, condominiums, and townhouses on the resale market in South Florida could drop below 100,000 residences for the first time in recent memory, according to a new report from Condo Vultures® LLC.
Jan. 21, 2009
JP Morgan Chase offers loan modifications to owners of investment properties in Florida.
Jan. 15, 2009
fannie mae, rental policy, mortgage giant, south florida, miami, las vegas, san diego, reo, real estate owned, bank owned, repossessed
Jan. 7, 2009
A Miami bulk buyer has obtained a $21 million mortgage from a insurance company.
Dec. 25, 2008
Sales of South Florida condominium units and single-family houses jumped on a year-over-year basis by nearly 17 percent in the month of November as buyers picked off bank-owned properties, foreclosures, and deeply discounted residences.
Dec. 22, 2008
Single-family houses in coastal South Florida have dropped more in asking price than condominiums and townhouses through the first 11 months of the year, according to the new Vultures Database™ Report for November from Condo Vultures® LLC.
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.
Nov. 25, 2008
Florida homeowners falling behind on their mortgage payments in a downward spiraling economy may get a reprieve from the governor – at least for the short term.
Nov. 24, 2008
South Florida has a combined 107,527 condos, townhouses, and single-family houses for sale and an additional 9,302 residences under contract as of Nov. 24 in Miami-Dade, Broward, and Palm Beach counties, according to a new report from Condo Vultures® Realty LLC.
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.
|
Submit Feedback
Member Login
Blogs Homepage
Featured Entries
Recent Entries
Recent Comments
Tags
My Starred Entries
Create A Blog
Word of the Day
Ask the Experts
Question of the Day
Member Login
Join RealTown
Request Password
RealTown RSS Feed