Orlando home sales, median price both rise in August
The median price of Orlando homes sold during the month of August increased nearly 10 percent while sales increased almost 3 percent compared to August 2016, report the Orlando Regional REALTOR® Association. Inventor continued its year-over-year slide and dropped about 16 percent
ADVISORY: Buchanan to Help Community Prepare For Irma
As Hurricane Irma barrels toward Florida, Congressman Vern Buchanan will make the following stops in his district Friday to monitor preparations and make sure his communities have the resources they need.
Florida Realtors®: Flood Insurance Needed Now More Than Ever
Mass destruction caused by Hurricane Harvey and floodwaters in Texas and Louisiana. Severe flooding due to heavy rains in Southwest Florida. The devastating aftermath on people’s lives and livelihoods is a shocking reminder of what can happen when disaster strikes – and the critical need for the National Flood Insurance Program (NFIP).
Florida Realtors®: Miami Realtor Is 2017 Realtor ® of Year
Florida Realtors® honored Matey H. Veissi, 2016 president of the state Realtor association, as its 2017 Realtor of the Year. The Realtor of the Year award was presented at the state association’s recent 101st annual Convention & Trade Expo at Rosen Shingle Creek in Orlando, Fla.
Orlando Regional REALTOR® Association recognizes young REALTOR® standouts
The Orlando Regional REALTOR® Association is pleased to announce 2017 class of ORRA Young Professionals Network 20 Under 40 Rising Stars In Real Estate Awards recipients. These notable young REALTORS® were selected by the ORRA Awards Committee for their demonstrated excellence in career and service to both community and the real estate industry.
Orlando Unclaimed Property Auction Earns $1.186M
Chief Financial Officer Jimmy Patronis today announced that the second 2017 unclaimed property auction, hosted Saturday in Orlando, earned $1.186M. Nearly 60,000 individual items went up for auction, and every item sold. The highest individual grossing item was a pair of 17.6-carat diamond and platinum earrings with a starting reserve value of $19,000 that sold for $75,000. The pair features two 5.78-carat diamonds, flanked by a total of 112 diamonds
Miami Association of Realtors Partners with and Integrates MLS Offers Into MLS
The Miami Association of Realtors® (MIAMI) has signed an agreement with the real estate technology firm MLS Offers to make MLS Offers’ patented offer submission and negotiation platform available as a member benefit to their 46,000+ members through an integration into their Matrix MLS software.
Attorney General Bondi Recognizes 25th Anniversary of Hurricane Andrew and Urges Preparedness
Twenty-five years ago today Hurricane Andrew struck South Florida. The Category 5 storm caused more than $25 billion worth of property damage and caused 44 direct and indirect fatalities in Florida. In the aftermath of the storm, looting, repair scams and price gouging complaints were reported to law enforcement and the Florida Attorney General’s Office.
Miami Condominium Sales, Total Luxury Home Transactions Jump in July
Miami existing condominium sales increased for the second time in three months and $1-million-and-up luxury transactions surged for all properties in July, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.
Miami Realtors Commercial President Honored with Florida Realtors Commercial Achievement
MIAMI Association of REALTORS® (MIAMI) Commercial President José María “Chepe” Serrano was awarded the prestigious 2017 Commercial Achievement Award by the Florida Realtors® for his excellence in commercial real estate, and his dedication and commitment. Florida Realtors® awarded Serrano the honor at its 101st annual Convention & Trade Expo at Rosen Shingle Creek in Orlando.
Fla. Housing Market: More Sales, Higher Median Prices in July 2017
Just like the weather, Florida’s housing market was hot in July with more closed sales, higher median prices, increased pending sales and more new listings, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 24,546 last month, up 2 percent compared to July 2016.
Rooney, Perdue View Ranchers’ Land and Water Conservation Efforts
This morning, Congressman Tom Rooney (FL-17) and U.S. Secretary of Agriculture Sonny Perdue observed critical water quality and land conservation projects during a helicopter tour over South Florida and discussed the importance of reauthorizing these programs in the upcoming Farm Bill. These water and conservation projects help Florida’s farmers and ranchers coordinate with state and federal agencies to share in the stewardship of preserving and protecting the state’s natural beauty
Workers’ Comp Scam Leads to Arrest of Miami Construction Company Owner
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.
Miami Realtors to Exhibit at Colombia’s Largest Real Estate Expo
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
Lipinski Announces Federal Grant for Midway Airport
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.
Orlando median price rises as home sales slow in July
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.
Rooney Announces Grant for Sebring Regional Airport
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 Single-Family Home, Luxury Sales Surge in 2Q
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
Second-Best June in Miami Real Estate History
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.
CFO Jimmy Patronis Appoints John McKay to Citizens Board of Governors
Chief Financial Officer Jimmy Patronis announced the appointment of John M. McKay to the Citizens Property Insurance Corporation Board of Governors.