Tag Archives: broward county real estate

As wealthy Brazilians snap up Miami real estate, few benefit

Facing a teetering economy at home, wealthy Brazilians have been pouring money into what they increasingly see as the safest place to invest: South Florida real estate.

So are Argentinians, Colombians, Mexicans, Venezuelans, French and Turks — almost anyone with money to shelter, a direct flight to Miami and a shaky economy to flee.

Their cash has helped drive the latest twist in Miami’s ever-evolving transformation — from a 19th century rail stop to a tourist-and-retiree hub to a haven for Cuban refugees to now a harbor for global investors. No American skyline has undergone a more drastic face-lift from foreign cash in the past decade: Luxury condo towers and swanky retailers crowd a downtown once marred by empty lots.

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http://www.sun-sentinel.com/business/realestate/sfl-miami-real-estate-brazilians-story.html

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Struggling homeowners can meet with mortgage companies

The HOPE NOW Alliance and Urban League of Broward County will have a seminar Thursday for homeowners struggling with their mortgage payments.

The free event will allow homeowners to meet directly with some of the nation’s largest mortgage companies, including Bank of America, Chase, US Bank, Ocwen and Wells Fargo.

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http://www.sun-sentinel.com/business/realestate/fl-mortgage-relief-20151118-story.html

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Luxury condos may replace 1960s building in Surfside

If you live in an old building on South Florida’s prime waterfront, don’t get too comfortable: Developers want your sand.

In the latest mega-deal to happen on the beach, a New York-based developer said he has struck a $55 million deal to buy a Surf House, a modest condo building in Surfside that dates to the 1960s. His plan? Tear it down and build a luxury 12-story condo tower.

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http://www.miamiherald.com/news/business/real-estate-news/article42301551.html

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South Florida home price gains outpacing most of the nation

South Florida continues to see higher home-price increases than most of the rest of the country, according to a leading indicator released Tuesday.

Prices in Palm Beach, Broward and Miami-Dade counties rose 7.4 percent in August compared with August 2014, figures from the Standard & Poor’s/Case-Shiller index show. It was the region’s 18th consecutive increase.

The index tracks prices in 20 major metro areas nationwide. Denver and San Francisco each had 10.7 percent annual increases in August.

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http://www.sun-sentinel.com/business/realestate/fl-case-shiller-home-prices-august-20151027-story.html

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Do you want to know about Broward County Florida Real Estate statistics for Single Family Homes for September 2015?

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New foreclosures fall for 10th straight quarter

Higher home prices and continued stability on the employment front helped reduce new foreclosures across South Florida in September and the third quarter.

New cases in Palm Beach, Broward and Miami-Dade counties dropped 13 percent last month from a year earlier, according to the RealtyTrac listing firm. For July through September, starts fell 15 percent, to 3,293 from 3,875 a year ago.

Foreclosure filings have declined in South Florida for 10 consecutive quarters, RealtyTrac said.

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http://www.sun-sentinel.com/business/realestate/fl-foreclosures-decline-20151014-story.html

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Zombie’ foreclosure homes on the decline in South Florida

Zombie’ foreclosure homes on the decline in South Florida

The number of “zombie” foreclosure homes in South Florida fell sharply in the third quarter, more proof that the housing market is returning to normal, a new report shows.

Palm Beach, Broward and Miami-Dade counties had 866 of these vacant properties in the July-through-September period, down 76 percent from the same period a year ago, according to the RealtyTrac listing firm.

Zombie homes are still mired in the foreclosure process. The owners have moved out, and the lenders don’t yet control the properties. In most cases, the homes aren’t being maintained.

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http://www.sun-sentinel.com/business/realestate/fl-zombie-foreclosures-20151007-story.html

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South Florida’s home prices rising more slowly

House prices keep climbing in South Florida, though the region is losing ground to other areas nationwide, a new report shows.

Prices in Palm Beach, Broward and Miami-Dade counties rose 7.3 percent in July from a year ago, the 17th consecutive increase, according to the Standard & Poor’s/Case-Shiller home price index.

South Florida has ranked among the top three metro areas for price gains and even led the nation last summer. But San Francisco (10.4 percent), Denver (10.3), Dallas (8.7) and Portland (8.5) moved past the tri-county area in the latest survey.

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http://www.sun-sentinel.com/business/realestate/fl-case-shiller-housing-20150929-story.html

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#JeanDeglon

Do you want to know about Broward County Florida Real Estate statistics for TownHouses and Condos for August 2015?

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