News about properties and real estate
Fabiana Pimenta, a real estate agent for Fortune International, is sitting on a white leather sofa in the model apartment at Jade Ocean with the expansive ocean views and the Fendi décor, waiting to begin a tour of the Sunny Isles Beach building. Pimenta, a Brazilian who moved to Florida to attend college, is entitled …
Continue reading “Brazilian buyers put the luxe in real estate”
Florida’s Supreme Court sought a foreclosure lifeline in forcing banks and borrowers to mediation. It was hoped a judicial referee could help unclog court dockets and free struggling borrowers. But in documents obtained by The Palm Beach Post and described in a recent court order, mediators complain lenders and their attorneys are stifling the system …
Continue reading “Foreclosure mediators: Banks pushed us to fail”
In especially troubled housing markets such as Florida, foreclosures are down, four years into the housing crash. But that’s thought to be just temporary. Sales are up in Florida, but in some areas more than half of those sales involve foreclosures. There’s one group of homebuyers, however, for whom market conditions couldn’t be better: Canadians. …
Continue reading “In Florida, It’s A Great Time For Canadian Homebuyers : NPR”
Many markets, such as Florida, California and New York, are seeing a surge of foreign buyers. One luxury condo complex in Miami Beach says a growing one-third of such buyers are snapping up homes at bargain prices. Last week, a story on cash buyers quoted a Realtor in Napa Valley noting particular interest from Chinese …
Morgans Hotel Group, owner of the famous South Beach boutique lodging pioneer, announced Thursday that it had signed hotel management agreements that will expand the Delano brand to Mexico and Turkey. The 114-room Delano in Cabo San Lucas, on Mexico’s Baja Peninsula, is under construction and expected to open in early 2013. In Turkey, the …
You don’t have to be a dedicated Real Time reader to know that residential real estate in Palm Beach County has taken a historic tumble in recent years. But while most coverage focuses on a broad view of the market, every neighborhood’s real estate story is unique. Today we’re starting a series of posts focusing …