Chief Financial Officer Jimmy Patronis today announced the recent arrest of Juan Jose Castro, owner of JACM Construction Corp., after his alleged attempt to operate a shell company with the sole intent of circumventing the state’s workers’ compensation laws. A “shell company” is an entity that conducts no significant business operations and can be used as vehicle to conduct fraudulent financial transactions, such as workers’ compensation fraud.
The MIAMI Association of REALTORS® (MIAMI) will again promote South Florida’s lifestyle and real estate market at Colombia’s largest property showcase, El XII Gran Salón Inmobiliario – Feria Internacional, on Aug. 24-27 in Bogotá, Colombia. MIAMI will make a South Florida market presentation at the 12th annual expo, which is expected to attract 30,000 visitors and 200 exhibitors
Congressman Dan Lipinski (IL-3) has announced that the U.S. Department of Transportation’s Federal Aviation Administration (FAA) has awarded Midway Airport a $246,250 grant to reconstruct runway lighting at the airport and improve safety.
The median price of Orlando homes sold during the month of July increased almost 7 percent while sales decreased 0.2 percent compared to July 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide.
Congressman Tom Rooney (FL-17) announced today that the Federal Aviation Administration (FAA) will be awarding a $415,775 grant to Sebring Regional Airport to help upgrade the airport’s aging infrastructure.
Miami real estate posted a robust second quarter as single-family home transactions, single-family luxury sales, median sale prices and dollar volume surged, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service systems
Miami’s single-family home market continued its strong selling pace by registering its second-most June transactions in history, and the $1 million-plus luxury sales segment rose for both single-family homes and condominiums, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
Chief Financial Officer Jimmy Patronis announced the appointment of John M. McKay to the Citizens Property Insurance Corporation Board of Governors.
Chief Financial Officer Jimmy Patronis today announced that the first of two 2017 unclaimed property auctions, held Saturday in Fort Lauderdale, earned $1.194 million. All of the auction’s nearly 48,000 individual items sold, and the highest grossing individual auction item was a 14k gold ring with a 4.02-carat European cut diamond that sold for $11,500.
U.S. Rep. Dennis A. Ross (R-FL-15), Senior Deputy Majority Whip, and Rep. Steve Cohen (D-TN-09) today reintroduced the bipartisan Housing Accountability Act to hold property owners of low-income housing accountable for poor living conditions. This legislation would require the U.S. Department of Housing and Urban Development (HUD) to survey tenants living in subsidized housing twice a year about property conditions and management performance and create new penalties for property owners who repeatedly fail the tenant surveys
Chief Financial Officer Jimmy Patronis invites Floridians to participate in the 2017 Florida Unclaimed Property Auction. This public auction featuring the sale of nearly 50,000 individual items valued at more than $630,000 will be hosted Saturday, July 29, at the Sheraton Suites Cypress Creek in Fort Lauderdale. A public preview will be held Friday, July 28, at the Sheraton Suites hotel.
Florida’s housing market had more closed sales, higher median prices and more new listings in June, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 28,205 last month, up 4.3 percent compared to June 2016.
Key Rubio Provisions for Everglades Restoration Included in Senate Energy and Water Development Appropriations...
The Senate Committee on Appropriations approved the 2018 Energy and Water Development Appropriations Act, which includes key provisions proposed by U.S. Senator Marco Rubio (R-FL) that would help advance critical Everglades restoration projects to benefit South Florida’s environment and economy, and help protect drinking water supplies.
The median price of Orlando homes sold during the month of June increased more than 7 percent while sales likewise climbed nearly 8 percent compared to June 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide but registered the smallest decline this year with 14 percent
Chief Financial Officer Jimmy Patronis today announced that the Florida Division of Unclaimed Property returned an astonishing $313 million during the 2016-2017 fiscal year, the highest annual return figure in the program’s 56-year history. More than 513,000 individual claims were paid throughout the 2016-2017 fiscal year, a double-digit increase over the previous fiscal year. One in five Floridians has an unclaimed account in their name, and all are encouraged to regularly search for accounts on the Division’s website.
Colombia is the most-active foreign country searching Miami real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). Colombia registered the most South Florida property searches among all countries on MIAMI’s porta
Orlando REALTORS® don’t just help people realize their dreams of homeownership, they also help build communities. Now, four of those community-builders have been honored for their efforts by the third annual Orlando Regional REALTOR® Association Good Neighbor Awards. Each of the nonprofit organizations helped by our GNA recipients’ volunteer efforts has received a $1,000 donation from ORRA to support their missions
With nearly two months remaining in the fiscal year, Chief Financial Officer Jeff Atwater today announced that the Florida Division of Unclaimed Property has broken its annual fiscal year return record. More than 425,000 individual claims worth a combined value of $275 million have already been processed, surpassing the previous annual record of $271.8 million reached during the 2015-2016 fiscal year.
Have big plans for July 4th? You’re not alone. Many families across Florida and the nation will spend the Fourth of July holiday away from home, traveling to see relatives and a big fireworks show or maybe basking in the sunshine on the state’s beautiful beaches
All offices of the Lake County Board of County Commissioners, Property Appraiser, Supervisor of Elections and Tax Collector; the Lake County Animal Shelter, the Lake County Extension Center and Discovery Gardens, and all 15 Lake County Library System libraries will be closed on Tuesday, July 4.