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The Miami/Fort Lauderdale Market Accounts for Half of All International Home Sales in Florida

South Florida has long ranked as one of America’s top places for international home buyers because of its world-class amenities, global business center and proximity to Latin America, according to the MIAMI Association of REALTORS® (MIAMI).

Palm Beach County: Home Sales Hit 18-Month Low

Housing market reports for October 2015 are now available. Below are the year-over-year figures for Palm Beach County from the Realtors® Association of the Palm Beaches (RAPB). RAPB is the 6th largest local association in the country representing over 14,000 REALTOR® members involved in all aspects of residential, commercial, and global real estate throughout Southeast Florida and the Treasure Coast.

October Marks More than Four Years of Price Appreciation in Miami

The Miami-Dade County real estate market continued to strengthen in October as properties sold fast and near asking price and sales prices again increased, according to a new report by the 41,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system

Miami Real Estate Continues Strong Momentum in 3Q

The high percentage of cash buyers reflects Miami’s top position as the preeminent American real estate market for foreign buyers, who tend to purchase with all cash. About 81 percent of international buyers in South Florida pay all-cash, compared to 60 percent of international buyers purchasing across the U.S., according to the 2014 Survey of International Home Purchases conducted by NAR for MIAMI.

Fla.’s Housing Market Continues to Show Gains in 3Q 2015

The statewide median sales price for single-family existing homes in 3Q 2015 was $199,900 up 9.8 percent from the same time a year ago, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards/associations. The statewide median price for townhouse-condo properties during the quarter was $150,000, up 7.9 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.

ARCO / Murray Construction Awarded La Chiquita Production Facility

“ARCO / Murray has extensive experience in the cold storage and distribution industries, and we understand the unique challenges of building facilities that work for companies like La Chiquita,” said Lee Dunam, ARCO / Murray Director of Business Development.

TIAA-CREF and Allianz Create Joint Venture Investment in Miami’s Waterford at Blue Lagoon

Six class-A office buildings totaling over 1.4 million square feet (1000 Waterford, 5200 Waterford, 5201 Waterford, 5301 Waterford, 701 Waterford and 703 Waterford) and two parcels of land totaling over 26 acres are included in the transaction. A new office development is currently in the planning stage on the parcel at 800 Waterford.

Miami Positioned for Continued Commercial Growth

Miami has evolved into one of the world’s top places for commercial real estate investment, and the area’s population boom, tourist growth, and infrastructure improvements should only lead to more expansion, a prestigious panel of speakers said at the 15th annual Commercial Super Conference hosted by the Realtors Commercial Alliance

Lake County invites the public to celebrate the grand opening of the new Altoona...

Lake County’s Housing & Community Development Division is inviting the public to celebrate the grand opening of the new Altoona Community Center at 10 a.m. on Friday, Oct. 16 at 42630 State Road 19, Altoona

REALTOR® finalists revealed for 2015 ORRA Good Neighbor Awards

REALTORS® don’t just help people realize their dreams of homeownership, they also help build communities. Ten of those community-building REALTORS® have been honored for their efforts and named finalists for the 2015 Orlando Regional REALTOR® Association Good Neighbor Awards.

Miami-Dade County Residential Sales Rise in August

Miami-Dade County residential sales rose nearly three percent year-over-year in August while median sales prices for single-family and condominium properties continued their upward trend, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system.

Palm Beach County: Why Are Home Sales Leveling Off?

With the release of market statistics for August, economists noticed a surprising indicator year-over-year. First, there were the predictable trends: median sale price climbed 9.3 percent from $270,000 to $295,000; median days on market dropped 34.5 percent from 55 to 36 days; active listings decreased 7.9 percent from 7,187 to 6,622 listings; and months’ supply of inventory declined 21.6 percent from 5.6 to 4.4 months

Interested in a Real Estate Career? Apply for Florida Real Estate Commission Education and...

Do you know a student interested in a real estate career? Then you’ll want to find out more about the Florida Real Estate Commission (FREC) Education and Research Scholarships. But get ready: The online application process opens Sept. 21, 2015, and ends Nov. 2 at noon

$190 million in transactions completed by Miami Capital Markets team since joining Avison...

Since joining Avison Young in December 2014, the Capital Markets team led by Michael T. Fay, Principal and Managing Director with Avison Young in Miami, has completed investment sales valued at more than $190 million and spanning more than 7 million square feet and 108 acres. Additionally, the team has $100 million worth of deals under contract and $150 million more in the pipeline

Ursini & Company Offers Free Mobile App Allowing Users to Pull Up Information as...

As you are driving along, have you ever stumbled upon a property for sale and wondered, “What is the asking price?” Now it is as easy as opening an app and having all the property details and photos at your fingertips

CBRE CLOSES $2.4 MILLION SALE OF MANGONIA BUSINESS PARK

CBRE Investment Properties arranged the sale of the Mangonia Business Park, a small-bay industrial asset of five buildings in Mangonia, LLC, Florida. The 49,024 square-foot property at 4711 Australian Avenue was acquired by Mangonia, LLC, from GA 4711 Australian Avenue, LLC for $2.4 million.

Northwest Florida Homeowner Arrested for Arson after State Fire Marshal Accelerant Detection K-9 “Bailey”...

The Florida Division of State Fire Marshal (SFM), which operates under the direction of Chief Financial Officer Jeff Atwater and the Department of Financial Services, today announced the arrest of Delmar Dice, 50, for allegedly attempting to burn down his own home and causing nearly $200,000 in damage.

CBRE ARRANGES $2.25M SALE OF BANK-ANCHORED HISTORIC PROPERTY IN CORAL GABLES

CBRE arranged the sale of a two-story, bank-anchored historic property boasting a coveted Alhambra Circle address in Coral Gables, Florida. Redavi, LLC acquired the 4,044-square-foot mixed-use building at 270 Alhambra Circle from Lotus-Sutra Corp. for $2.25 million. The property is 50% occupied by anchor tenant, Eastern National Bank. CBRE represented the seller in the transaction

Law Firm Expansions Helping to Fuel Tampa Bay Area Office Market

Local law firms are helping to drive the current office leasing market according to Franklin Street, a full-service commercial real estate company based in Tampa. “With law firms getting busier, we are seeing more expansion activity in the market,” said Chris Butler, a managing director of Franklin Street’s Office and Industrial Services division.

C&W Brokers Sale of Deerwood Village Apartments

Cushman & Wakefield announced today that it has brokered the sale of Deerwood Village Apartment Homes, a 328-unit, garden-style, luxury multifamily community in Ocala, Florida. Senior Director Jay Ballard and Director Ken Delvillar of Cushman & Wakefield’s Multifamily Advisory Group represented an affiliate of Brookfield Property Partners in the transaction. The buyer was Ocala FL Apartment Partners, LLC.

Popular Government & Nonprofit Press Releases

Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

Recent Government & Nonprofit Press Releases

Buchanan Slams “Nightmarish” Conditions at VA Nursing Homes

Congressman Vern Buchanan today demanded answers from the Department of Veteran Affairs after reports of deplorable conditions and neglect at VA nursing homes across the nation.