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 …

Miami’s New White House

Edgardo and Ana Cristina Defortuna purchased one of the best-known properties on this exclusive island enclave south of Miami—President Richard Nixon’s Winter White House—and tore it down. The Defortunas, developers and managers of some of Miami’s priciest condominium buildings, had grand visions for the waterfront property, which features a rare private beach on Biscayne Bay. …

The housing market is looking up. But don’t ignore the more sobering facts. – WSJ.com

All year long, we’ve been hearing that the housing rebound is upon us. Yes, there has been some marked cooling in the market in the past couple of months, but by and large, the stars have remained aligned. The economy is recovering, unemployment is inching down and the Federal Reserve is trying to keep interest …

Realtors: Tampa market forces first-time buyers into suburbs

First-time homebuyers might long to buy a house in a hip, urban neighborhood in South Tampa, but area Realtors say the competitive seller’s market has forced younger buyers to settle in the suburbs. Rae Catanese, a Realtor with RE/MAX Bay to Bay Real Estate Agency, said the prices in South Tampa are higher to begin …

South Miami commission gets mixed up over small development

To the would-be developer of seven new houses, it was a routine “ministerial” decision. To neighbors, it was a seal of approval on new “McMansions.” But to South Miami city commissioners, a Tuesday night decision on whether to waive land-use regulations was a case study in confusion. The City Commission cast six votes on the …