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New Group of Foreign Investors Takes Interest in Miami Real Estate.

Asians find new love in South Florida luxury properties. Interest in USA properties moves from West Coast, due to proximity to home base, further afield to Greater Miami area. more

Florida Homeowners May Face Much Higher Flood Insurance Rates

Those with second homes or waterfront property are looking down the barrel at much higher flood insurance rates. more

Miami Real Estate Boom 2.0 - Dozens of new pre-construction projects

Developers in Miami are reacting to the unexpectedly swift condo recovery in a predictable way, they are building more condos. The developers continue to rely on robust demand from foreigners who are willing to put a down payment of 50 percent or more of the price for a preconstruction condominium. more

A perfect storm in the Miami real estate market is creating a home buying frenzy.

With inventory dropping and demand skyrocketing, the Miami real estate market is being driven into a frenzy. more

Constec Realty is on Facebook

Did you know that Constec Realty is on Facebook? more

New interactive map. Find the latest condos, floor plans and details by building.

Navigate the map and click on building location icon to find available units, floor plans, pictures, descriptions and more for each building. more

A new condo boom hits Miami - How to navigate through it

Talk about quick healing. Developer wounds from this very recent condo bust are nowhere to be found, and pre-construction is selling at breakneck speed. As Yogi Berra would say: It’s deja vu all over again! more

Real Estate Opportunities in Miami due to Panama Canal Expansion

Commercial land and warehouse facilities in close proximity to Miami Port should appreciate in value as more cargo coming from Asia arrives due to expansion of Panama Canal. more

Thinking of selling? Find out online your home's value

Find out online your home's value compared to nearby comparable properties. It only takes a minute to register and enter some information about your home. more

Take a minute to learn how to use our Advanced Property Search Form

Constec Realty's advanced property search makes finding the perfect Miami area properties a breeze. Watch this video tutorial. more

How to reduce your taxes, if you have U.S. born dependents living permanently in your Florida home

There has been a very interesting Florida Supreme Court decision this past week that has to do with Homestead Exemption and who qualifies for it more

Check out our new Miami Real Estate Mobile Website

With, it’s a breeze to search, save and share properties while on the go. more

Miami Florida - An Architectural Gem?

Miami has it all. A large concentration of buildings in a particular style, its own assembly of buildings that follow a locally developed architectural movement and most recently an excellent array of public and residential buildings conceived by the currently most advanced architectural minds. more

Prices of Miami Real Estate. What's next?

Miami real estate prices went down. Then during the last year they've gone up. Now, will it go up or down? more

Cash remains king as international buyers flood Miami

Local industry watchers know cash is king in Miami. Now, HousingPredictor data is proving just how royal cash really is in the tropical city. more

Related, Shoma set sights on giant Doral project

Jorge Perez and Related Group have staked a claim in the anticipated Doral construction boom by joining forces with Shoma Group. more

More lenders offer plans with debt forgiveness

Non-government holders of delinquent mortgages are offering more payment plans with debt forgiveness. more

Q and A with Coastal Construction Chairman and CEO Tom Murphy

South Florida’s surprising condominium rebirth has generated enough sales — and interest — that developers have more than 25 condo projects either underway or in the planning stages. more

2012 might be year of the short sale

More than a quarter of all home sales in Palm Beach County last year were of bank-owned properties or homes purchased in a short sale... more

Warren Buffett would buy thousands of homes

Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC’s “Squawk Box” recently that he’d “buy up a couple hundred thousand” single-family homes if it was practical. more

UK investors eyeing US properties

Investors in the U.K. are increasingly eyeing U.S. properties more

Foreclosed homeowners may still have debt to pay

Some lenders are increasingly selling bad debt or related deficiency judgments to collection agencies and other companies that are likely to launch aggressive collection strategies years in the future.

Paola Iuspa-Abbott - October 23, 2009 - Daily Business Review more

New Construction Financing Alternatives

Some developers filling void left by lenders.In a tough economic environment and with conventional financing hard to find, developers are turning to their construction lenders to get loans for buyers at their condo projects.

September 22, 2009 - Paola Iuspa-Abbott - Daily Business Review more

When mortgage default becomes a strategy

Homeowners with high credit scores are 50 percent more likely to abandon a mortgage compared with lower-scoring mortgage borrowers.

Kenneth Harney - Miami Herald - Sunday, 09.20.09 more

Real Estate Crash Affects Wealthy

Wealthy individuals’ Chapter 11 bankruptcy filings jumped 73 percent in the second quarter from a year earlier, according to the National Bankruptcy Research Center, a research firm in Burlingame, California.

September 09, 2009 - By: Bloomberg News more

Foreclosures - Court to force lenders, borrowers to mediate

Overwhelmed by foreclosures, the Miami-Dade Circuit Court plans to announce today a mandatory mediation program for cases involving owner-occupied homes. The program is set to begin May 1.

Daily Business Review - April 23, 2009 - Billy Shields more

Tread carefully when making a low-ball offer

These days, it's easier to make a low-ball offer than it used to be, but it's still important to be smart. Use comps carefully, examine details critically and establish timeframes realistically.

ThinkGlinck, Ilyce R. Glink - April 2, 2009 more

South Florida home prices will continue to fall

A national report predicts that South Florida's housing market recovery won't be this year, and not next year either in Miami-Dade County.

Miami Herald - Matthew Haggman - February 11, 2009 more

Banks no longer hide foreclosed properties

Lenders have always tried to be discreet when marketing their foreclosed properties for sale. They feared the associated stigma and the appearance that they made too many bad loans.
But amid an ever-worsening foreclosure crisis, it’s not exactly a secret that banks have become some of the nation’s largest property owners. And lenders are starting to shed their low-profile approach.

Daily Business Review - Polyana da Costa - January 22, 2009 more

Rent-to-own home leases becoming more popular

In South Florida's depressed housing market, some people are taking a wait-and-see approach by renting with an option to buy later.

Paul Owers - South Florida Sun-Sentinel - January 19, 2009 more

2008 Miami Real Estate Market Review

Investors, brokers and owners of South Florida’s real estate will remember 2008 as the year when talk of a market slowdown became a sobering reality.

Daily Business Review - December 29, 2008 - Review Staff more

Condo boards in quest of cash

Attorney Ralph Ruocco said when a board forecloses on a unit, the lender is no longer obligated to pay delinquent condo fees.

Daily Business Review - Paola Iuspa-Abbott - October 30, 2008 more

Recent financial crisis fails to hurt confidence in Florida real estate

The national economic crisis has failed to rattle Florida real estate experts, who, despite serious concerns about the availability of financing, remain surprisingly calm about market conditions within the state, a new University of Florida survey finds.


What's the future of Short Sales

Imagine buying a house for much less than its market value only to discover you’ll incur an additional tax bite of hundreds or thousands of dollars.

Daily Business Review - September 03, 2008 - By: Terry Sheridan more

Would-be buyers find loans are out of reach

Lenders last year began making it much tougher for would-be buyers to get financing. Now, as buyers look to enter the market again, these lending challenges frustrate real estate agents and mortgage brokers, who say they're forcing financially sound, mostly middle-income buyers back onto the sidelines of the housing market.

Copyright © 2008 The Miami Herald, Monica Hatcher. more

Condo Meltdown - Condo Associations

Condo Meltdown - Desperate times call for desperate measures for condo associations

Daily Business Review - July 22, 2008 By: Paola Iuspa-Abbott more

Real estate firm eyes $1B investment in Florida

Real estate firm eyes $1B investment in Florida
A London company wants to buy luxury homes to hold for up to 10 years, expecting a big return.

Posted on Tue, Jun. 17, 2008 - BY SIMON PACKARD - Bloomberg News more

Brickell's draw: A feel of city life

A showcase Miami neighborhood is humming with an infusion of urban life -- a growing skyline, new places to eat and mingle, and a vibrant street scene. Posted on Sun, Apr. 06, 2008 - BY LYDIA MARTIN - Miami Herald more

South Florida bankruptcy lawyers' work grows

Bankruptcy used to be a tool for struggling homeowners to save their homes. now many owners simply want to turn over the keys to lenders.

BY PATRICK DANNER - Miami Herald - Posted on Mon, Mar. 17, 2008 more

Payment of credit card vs real estate mortgage

Across the nation, credit counselors are reporting the same trend: A growing number of people have started paying their credit card bills before - and sometimes instead of - their mortgages. That's a striking reversal from the norm, one that reflects rising desperation. It suggests that some people essentially have given up trying to stay current with their mortgages and instead are focused on using credit cards to squeak by.

Copyright © 2008 USA TODAY, a division of Gannett Co. Inc., Kathy Chu, with Venuri Siriwardane, contributing. more

Courts grapple with foreclosure avalanche in Miami

The Miami-Dade County Clerk of Court’s office is expanding the number of days it auctions properties from two to three per week, as more than a thousand foreclosed homes are waiting for the auction block in February. Lenders are buying back most of the properties, officials say.

The Miami Herald, Monica Hatcher. Posted February 7, 2008 more

Miami developer bets on condos future

Condo builder Jorge Perez said South Florida real estate is undervalued and he's setting up a $1 billion fund to start buying properties.

BY MATTHEW HAGGMAN - Posted on Thu, Jan. 24, 2008 - Miami Herald more

Foreclosures strain condo buildings

As the region's housing market sputters into the new year, a collection of largely unoccupied new towers are straining under hundreds of millions of dollars in defaulted mortgages. In the 20 buildings in Miami-Dade and Broward counties with the largest numbers of units in foreclosure, loans in default totaled more than $271.8 million, according to an analysis...

Miami Herald - Wed, Jan. 09, 2008 - BY MONICA HATCHER more

Short sale can be alternative to foreclosure

Some lenders are softening to the plight of homeowners down on their luck, and behind on their mortgages. They're reducing monthly payments, modifying interest rates, and refinancing, all in an effort to keep people in their homes. But sometimes the only way to fend off foreclosure is the sale of the property -- and, more frequently, the ''short sale'' of the property.

BY MONICA HATCHER - Miami Herald - Posted on Sun, Dec. 02, 2007 more

Miami urged to invest in condos for workers

The slowdown in South Florida condo sales has created a buyer's market that one elected official wants government to take advantage of.

Posted on Mon, Nov. 26, 2007 - Miami Herald - By Michael Vasquez more

Condo developers look to commercial uses

Plans called for six soaring condominium towers and more than 4,000 residential units with views of Biscayne Bay. But then the condo boom went bust. Now it's not new condos that Argent Ventures wants to build on the 11-acre site of the shuttered Omni International Mall in Miami, but scads of offices, a renamed hotel, new shops and restaurants.

BY MATTHEW HAGGMAN - Mon, Nov. 05, 2007 - Miami Herald more

Builder's plan for west of Biscayne: city within a city

A Boca Raton developer who won big selling his home-building business before the housing bust now has ambitious plans for Park West in downtown Miami.

BY MATTHEW HAGGMAN - Sun, Nov. 04, 2007 - Miami Herald more

Consumer spending in a statewide slump

Florida consumers are cutting back on spending across the board, as damage from the housing market decline spreads. For the first time in 15 years, state sales tax collections have declined for a 12-month period.

BY ELAINE WALKER - Miami Herald - Posted on Fri, Nov. 02, 2007 more

Commercial real estate market to slow in 2008

More than 600 of the nation’s leading real estate experts expect the sizzling commercial real estate market in the U.S. to slow in 2008. The report cites three Florida cities among its smaller markets to watch: Orlando, Tampa and Jacksonville.


Going, Going, Gone - Miami Condo Auction

Miami had its first condo auction yesterday – 20 new units at Platinum Condominium, a 22-story, 199-unit tower. More than 300 people showed up...

Sept. 21, 2007, The Miami Herald, Jack Dolan more

Housing costs rising rapidly in South Florida

Renters are seeing their costs increase rapidly, according to just-released government inflation data from the Bureau of Labor Statistics. The Miami-Fort Lauderdale area cost for rent, mortgage payments and insurance had its highest annual increase in 25 years, for the second time in a row.

Copyright © 2007,The Miami Herald, Niala Boodhoo. Distributed by McClatchy-Tribune Information Services. more

Turmoil in mortgage market hits renters in the wallet

As the credit crunch shakes up the mortgage market, one group that’s suffering some severe collateral damage doesn’t own a home at all: renters.

Copyright 2007 USA TODAY - WASHINGTON – Aug. 31, 2007 more

County tax assessors say builder incentives increase property taxes

If a builder gives away a $20,000 car to the buyer of a $300,000 home, should the actual value of the home – for property tax purposes – be reduced by $20,000 to $280,000? Two Florida county property appraisers think so. more

Florida foreclosures rise 77 percent

In Florida, the number of foreclosures is up 77 percent compared to the same six months last year, according to data firm RealtyTrac.

BY ALEX VEIGA - Associated Press - Posted on Tue, Jul. 31, 2007 more

Where it's great to be a home buyer

A glut of homes for sale makes this a great time to be a buyer in Miami and other markets. Here's what some of these markets look like.

By Matt Woolsey, - more

Judge: Pre-construction contracts binding if you can pay

Wealthy condo buyers eager to get out of pre-construction contracts signed during the recent real estate frenzy were dealt a blow this month by a Palm Beach County judge. BY ALEXANDRA CLOUGH Palm Beach Post - Fri, Jul. 13, 2007 more

Florida home sales to international buyers decrease 65 percent

Interested in investing in foreclosed properties? Here are a few tips from the pros plus an explanation of the process.

Miami Herald, The (FL)- 2007/07/08 more

South Florida Foreclosure Auction Facts

Interested in investing in foreclosed properties? Here are a few tips from the pros plus an explanation of the process.

Miami Herald, The (FL)- 2007/07/08 more

Foreclosure auctions still don't bring the deals expected

Although number of properties in foreclosure have skyrocketed most investors leave the auction room at the court empty handed.

Miami Herald - 2007/07/08 more

PROPERTY TAX REFORM: Tax-fix plan offers pains, gains

Legislators have put a tough choice in voters' hands: Cut taxes to save money, but risk cutting too much and possibly degrading local-government services.

Miami Herald, The (FL) 2007-06-17 - Marc Caputo more

South Florida rental market eases

While finding an apartment is still hardly stress-free, the sharp jumps in rental rates of recent years are finally starting to flatten out. There are now more vacancies.

BY ANGELA TABLAC - Posted on Wed, May. 09, 2007 - Miami Herald more

State passes renter fees bill

Renters could face steep fees if they break their lease agreement after state lawmakers passed legislation that would allow landlords to collect what critics called ``double rent.''

BY MONICA HATCHER - Posted on Wed, May. 02, 2007 - Miami Herald more

Insurance reform attracting new insurers to Florida

Florida’s scary property insurance market is becoming more welcoming to new insurers thanks to recent changes in laws that are helping them financially.

Copyright © 2007 The Bradenton Herald, Fla., Brian Neill. - TALLAHASSEE, Fla. – April 23, 2007 more

Real Estate Ad Bubble Could Burst

The real estate advertising bubble is about to burst for U.S. newspapers, several newspaper analysts say. The cycle appears to have peaked as major publishers – including Tribune Co., McClatchy Co. and Lee Enterprises – reported real estate ad declines in the high single digits starting in January.

Copyright 2007 by United Press International more

Real Estate Investment

Want to find a great real estate investment to sell in five or 10 years? Look where artists live now. Sociologists say that artists are often an early sign of neighborhood gentrification – the advance guard of what’s hip and cool.

Copyright © 2007 The McGraw-Hill Cos., Maya Roney. more

Building Material Costs Stabilize Easing Concerns About Real Estate Construction Costs

Supplies of key construction material stabilized or decreased within the past year, easing concerns about escalating costs for home builders and commercial-construction companies.

ORLANDO, Fla. – Feb. 21, 2007 –Copyright © 2007, The Orlando Sentinel, Fla., Jerry W. Jackson. Distributed by McClatchy-Tribune Business News. more

Florida’s existing home market in Dec. 2006: Sales down, median price softens

Sales of existing homes and condos in Florida were down in December; at the same time, many markets reported that the inventory of homes available for sale continued to stabilize while still low-mortgage rates sparked buyer interest.


Study centers S. Dade growth around mass transit sites

A controversial growth-management plan would encourage development of town houses and low-rise condominiums along much of U.S. 1 in South Miami-Dade.

BY MATTHEW I. PINZUR AND YUDY PINEIRO - Miami Herald - Posted on Tue, Jan. 16, 2007 more

How about a college education with your new condo?

A slow market has developers offering everything from shopping sprees to new cars to vacations.

BY RICHARD WESTLUND - Miami Herald - Posted on Sun, Jan. 14, 2007 more

Commercial real estate looks good for 2007

The bull market in commercial real estate made 2006 a record year, and many believe 2007 will be just as good.

NEW YORK – Jan. 3, 2007 - The Wall Street Journal, Ryan Chittum and Alex Frangos (01/02/07) more

Rental rates may moderate in '07

Rents are set to continue rising in 2007, but reversions and the shadow market may slow the pace.

Miami Herald - BY MATTHEW HAGGMAN - Posted on Sun, Dec. 24, 2006 more

Pros and cons of flipping properties

Are you a real estate flipper or a keeper? Most home buyers are keepers, owning their houses and condos for five or more years. However, even as residential sales prices currently stagnate or plateau in most cities, according to the latest statistics from the National Association of Realtors and other sources, flippers continue to profit.

Robert J. Bruss - Posted on Sun, Dec. 17, 2006 more

UF study: Outlook for Florida real estate market not all bad

UF's fourth quarter survey of Florida real estate trends finds that things aren't all bad. More than half of the Florida real estate experts polled say it's a poor time to build single-family housing and condos, but they're more optimistic about all other types of property..


Stadium would boost real estate market, business leaders say

Building a $420 million stadium for the Florida Marlins in downtown Miami might be the cure for the area's softening real estate market, business leaders said this week.

Miami Today - by Dan Dolan - week of November 30th, 2006 more

S. Florida home prices hit lowest level in year

Existing-home prices in South Florida dropped to the lowest level in more than a year in October. Condominium prices were mixed, and sales remain slow.

Miami Herald - Posted on Wed, Nov. 29, 2006 - BY MATTHEW HAGGMAN more

Building boom deals collapse in Miami-Dade

Amid a historic building boom, a slew of proposed projects are up for sale.

Miami Herald - Posted on Tue, Nov. 28, 2006 - MATTHEW HAGGMAN more

Most of us will survive housing downturn

What the housing slowdown means to you, if you're selling your home, is pretty clear. But what about the rest of us? Those who aren't in the real estate market have to be wondering what all those For Sale signs will mean.

Copyright © 2006, South Florida Sun-Sentinel - Harriet Johnson Brackey - Published November 12, 2006 more

How deep housing's decline?

Remember those headlines about the U.S. housing slump possibly nearing an end, heralding a turnaround in 2007? Well, forget about it. Three of the major homebuilders just checked in with reports showing that they are decidedly not on board with that view.

Copyright © 2006 The McGraw-Hill Cos., Sonja Ryst. - WASHINGTON – Nov. 8, 2006 more

Desperate, home sellers try to build buzz

Remember those headlines about the U.S. housing slump possibly nearing an end, heralding a turnaround in 2007? Well, forget about it. Three of the major homebuilders just checked in with reports showing that they are decidedly not on board with that view.

Copyright © 2006 The McGraw-Hill Cos., Sonja Ryst. - WASHINGTON – Nov. 8, 2006 more

No end in sight to housing market slowdown

The numbers for existing homes released Wednesday paint a struggling picture of the market: Sales remain way down and prices are flat, frustrating buyers who want to break in.

BY MATTHEW HAGGMAN - Miami Herald - Posted on Thu, Oct. 26, 2006 more

Is housing out of the woods?

Depending on whom you ask, the winds may already be shifting for the housing market. All year, economists have warned of a bursting housing bubble and its potential impact on economic growth. However, a recent stream of encouraging data has some prominent prognosticators changing their tune.

Copyright © 2006 The McGraw-Hill Cos., Marc Hogan. All Rights reserved. - WASHINGTON -- Oct. 24, 2006 more

Housing doomsayers ignore positives

With all the dismal reports about the home real estate market, don't lose track of something critically important: Mortgage interest rates have been falling quietly but steadily for weeks, and are now at their lowest level in half a year, barely a percentage point above 40-year lows.

WASHINGTON REPORT/KENNETH HARNEY - Posted on Sun, Oct. 15, 2006 more

Four tips for buying a house in a buyer's market

Now is a great time to buy a house. Prices are falling, and so are mortgage rates. Millions of houses are for sale, and sellers are getting anxious.

© 2006 - Oct. 6, 2006 more

Hopeful glimmers in the housing slump

The median price of an existing home in the U.S. fell in August compared to the median price one year earlier, the first time that has happened in 11 years. Time to punch that pulsing-red panic button? Not yet. Because several other pieces of news in the NAR's monthly sales report were better than expected.

Copyright © 2006 The McGraw-Hill Cos., Peter Coy. All Rights reserved. -- WASHINGTON -- Sept. 26, 2006 more

Soft market teaches flippers an ever-so-humble lesson

Investing in real estate looked so sexy. Like the tech-stock bubble that turned college kids and housewives into day traders, the real estate boom turned insurance brokers, doctors and bicycle mechanics into real estate flippers, who would buy and then quickly sell homes for easy profits.
© Copyright 2006 USA TODAY, a division of Gannett Co. Inc., Noelle Knox. more

Shaq takes on real estate market

Heat star Shaquille O'Neal has launched a real estate and development company called The O'Neal Group.

By Matthew Haggman - Miami Herald - Wed, Sep. 20, 2006 more

Determining values in a cooling market is not easy

In cooling real estate markets, it's the hottest question: How do you value a specific piece of property when local home sales are down 20 percent to 40 percent from last year, inventories of unsold homes have ballooned by 200 percent or more, and all the trend lines are pointing negative? © 2006 Miami Herald, Kenneth Harney. CHICAGO -- Sept. 18, 2006 more

Why NAR Expects Home Sales To Lift From Temporary Dip

It seemed like a painful defeat when the National Association of Realtors issued its projection last week that home sales would be lower than previously thought, but Chief Economist David Lereah worried months ago that housing would be in trouble if short-term interests rates were taken higher by the Federal Reserve. Luckily for housing, the FED decided to pause at 5.25 percent, but it may have been too little, too late, as Lereah feared.

Posted by Realty Times - Sep 11, 2006 more

Developer to revamp CocoWalk

A developer hopes to rejuvenate CocoWalk with a major renovation and by bringing in new tenants.

Miami Herald - Fri, Sep. 01, 2006 - By Elanie Walker more

Home sales down, condo prices down

Amid an ongoing housing market slowdown, home sales were down across South Florida in July.
Single-family home prices held steady but condominium prices in Miami-Dade weakened, dropping 11 percent in July compared to the same period a year ago.

Miami Herald - By MATTHEW HAGGMAN - Wed, Aug. 23, 2006 more

Home prices in Miami-Dade surpass those in Broward

For the first time in years, the median price of a house in Miami-Dade County is slightly higher than in Broward County, according to second-quarter figures released Tuesday by the Florida Association of Realtors.
Miami Today - Week of August 17, 2006 - By Charlotte Libov more

Generators - A Selling Tool

Real estate listings in storm-prone areas are starting to boast built-in generator as a perk alongside granite counter tops and hardwood floors.
The Christian Science Monitor, Amy Green - 08/11/2006 more

Condo-hotel planned for South Beach's 'quiet' side

An apartment building on the west side of South Beach will be the new condo-hotel offering by the company that has Delano and the Shore Club on the ocean.
BY DOUGLAS HANKS - Wed, Aug. 09, 2006 - Miami Herald more

Middle-priced homes the buzz among builders

Amid a widening housing market slowdown, developers are starting to target one area where demand remains strong: middle-income housing.
BY MATTHEW HAGGMAN - Miami Herald - Posted on Fri, Aug. 04, 2006 more

Mood of our time favors home with open feeling

In this age of anxiety, people seek bright, airy homes that help them feel apart from the threatening world outside.
ELLEN JAMES MARTIN - Miami Herald - Posted on Sun, Jul. 30, 2006 more

Reduced home-sale commission may not be good move

The big drawback of reducing the commission rate is that many multiple listing service members will show a home with a low commission rate last to prospective buyers.
BY ROBERT J. BRUSS - Miami Herald - Posted on Sun, Jul. 30, 2006 more

Selling a house? The right agent is key to success

Homeowners should look for an agent who is locally based and has focused marketing plans.
A nurse in her mid-30s was planning her dream wedding to a computer specialist of the same age. Each owned a house, and their financial plans were predicated on the sale of her property, a small gray bungalow in an elegant city neighborhood with stately trees.
SMART MOVES/ELLEN JAMES MARTIN - Miami Herald Sun, Jul. 23, 2006 more

NAR brochure aims to turn renters into homebuyers

WASHINGTON -- Too often, renters look at their current monthly rent payment, compare it to the cost of owning a home, and decide the latter is something I can't afford. But the financial advantage of homeownership, from property appreciation to income tax deductions, makes renting more expensive, and a new brochure published by the National Association of Realtors® (NAR) explains that fact to renters.

Homeowners pay 136% more in Fla

According to a recent report, Florida homeowners are paying premiums as much as 136 percent higher than consumers in other states for title insurance.
BY TOM ZUCCO - St. Petersburg Times more

Step right up and save on closing costs

ORLANDO, Fla. -- July 17, 2006 -- People will scramble to clip and use a $5 coupon at the supermarket or fill out and mail a long form for a $50 rebate on a new personal computer.
Yet most won't make a few calls that could save them hundreds of dollars on title insurance and other fees when they buy or refinance a house.

Copyright © 2006, The Orlando Sentinel, Fla., Richard Burnett. more

NAR: Home sales to stabilize in months ahead

WASHINGTON -- July 12, 2006 -- Home sales are projected to ease modestly but should stay within a relatively narrow range over the balance of the year, according to the National Association of Realtors® (NAR).

Nicky Hilton plans new hotel

Nicky Hilton will license her name to a South Beach hotel, establishing a new benchmark for hoteliers trying to leverage star power into higher room rates and profits.
The deal to rename the adjoining Breakwater and Edison hotels the ''Nicky O, a Nicky Hilton Hotel'' will thrust the fashion designer -- best-known as the kid sister to Simple Life star Paris Hilton -- into an industry pioneered by her great-grandfather, Conrad Hilton. more

Pending Home Sales Index levels out in May

The index of pending home sales, a leading gauge for the housing sector, rose slightly in May -- an indication that the market is stabilizing, according to the National Association of Realtors®. more