Archive for the ‘Real Estate News’ Category
$29,000,000 LOT ON EXCLUSIVE SUNSET ISLAND #2 UNDER CONTRACT Rumor has it, from people familiar with the deal, that this 84,000+ sf lot is under contract and is awaiting closing. I’ve done a good amount of research on this lot, and in the last four years, there has been considerable “hoo-hah” (isn’t that a “Palin-ism?”) surrounding this […]
Miami Beach Real Estate: Are Buyers Rounding the “Fear Curve?”
Thursday, June 19th, 2008Oh, the media. I remember in back as early as 2004 the media starting predicting that the bottom would be falling out just about now. Dire predictions. Horrible repercussions. Doom and more gloom. I’ve never been an optimist. Why? Because I’m a businessman. I was always a realist. I told another colleague as early back […]
80 Buyers Bring Suit Against Trump Towers; Related Group of Florida
Thursday, June 12th, 2008This one takes the cake. Buyers of units at Trump Towers I, II, and III in Sunny Isles Beach, Fla are suing the developers, the Related Group and Dezer Development because, according to the Daily Business Review …used the celebrated Trump name to attract buyers. But according to the suit, the billionaire’s name can only be […]
Miami Beach Real Estate: Could It Really Be True?
Thursday, May 15th, 2008Sorry for the lack of posts recently, but the reality is that I am a real estate agent first, and a blogger second 🙂 Anyway, I don’t know how this little nugget (h/t to Chelsea Handler) slipped by me (probably because May 6th was MY birthday). WSJ had an interesting article prophesizing that we are […]
Miami Real Estate: Could the Reality Lie Somewhere in the Middle?
Wednesday, March 5th, 2008Yet another article “predicting” the crappy future of South Florida real estate comes to us via tomorrow’s New Times. Bob Norman interviewed Jack McCabe, industry analyst, and here are his predictions for 2008: Home prices will fall by at least another 15 percent. Individual foreclosures will increase 300 percent from last year, when they already […]
Big News: Lenders Blacklist Some Miami Condos
Wednesday, February 13th, 2008Say you want to sell your unit at Related Group’s new 50 Biscayne Condo in downtown Miami, you find a buyer willing to purchase your unit, you agree on terms, and you probably think, “whew, I’m really lucky I sold.” Not so fast: today’s Daily Business Review is reporting Banks and mortgage lenders compile lists of buildings they […]
