First-time buyers and downsizers fueling improved home sales

Last year saw more homes selling faster and for more money than they have in several years. The numbers in the Northeast Florida Association of Realtors’ annual report were an improvement across the board. About 4,000 more homes were sold in 2013 than in 2012. The median price of $153,400 was up about $20,000, and …

A deal may allow a Fisher Island luxury condo development to begin construction after long delays

The development of luxury condos on Fisher Island — stalled for years during an international battle among mysterious offshore companies and would-be heirs — may soon go forward, even as a spirited clash continues over ownership of the 18 acres.The fight has stretched through courts in the United Kingdom, Liechtenstein, the Republic of Georgia, Gibraltar …

Infamous foreclosed Keys condo site now future home of a Marriott boutique hotel

Earthmovers and other construction equipment are clearing the way for a “boutique hotel” at the old American Outdoors RV Park bayfront lot at mile marker 97.5 in Key Largo.Developers are seeking “a multitude of approvals” from Monroe County, said Larry Abbo, chief executive officer of Prime Hospitality Group. Prime Hospitality wants to build a 15-building …

Land Crunch Hits Builders in ‘Brady Bunch’ Country

Ure Kretowicz, a home developer here, built his company and fortune constructing suburban communities marked by detached, Mediterranean-style houses along winding cul de sacs. Now he has run out of space. For the first time in his four-decade career, Mr. Kretowicz doesn’t have one detached, single-family home under development in metro San Diego. From the …

Miami Gardens landlord disputes $300,000 in fines for lacking permit to rent out apartments

Miami Gardens officials say a landlord owes more than $300,000 to the city for failing to pay a $250 fine earlier this year for not getting the proper permits for renting out his apartments.But the landlord, Ramces Dufrense, said the city is unfairly targeting him because he refused to lease one of the apartment to …

How All The New Student Housing Will Impact Tallahassee’s Investment Market

My favorite blog posts are ones that are inspired by reader questions, and today we respond to a doozy from “DC” who asks about investing and student housing. We get all kinds of questions from our readers, but this one is very insightful in that I believe he suspects there could be a problem brewing for some …