It's not uncommon to hear stories of foreigners coming to South Florida and getting a great deal on a second home or investment property. In Miami, Brazilians purchased 9% of homes and apartments sold to international buyers in the 12 months ending March 2010. Since then, there has been a big in
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06/24/2011
In the past 12 months, international homebuyers spent an impressive $41 billion on US homes. Where are these house hunters looking? Florida, of course! Trulia has put together a list of the 24 most popular American cities for international buyers and 10 of the 24 are in Florida. Reportedly, Ca
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06/22/2011
Miami's high-end residential real estate market has shown significant improvement since the beginning of 2011. In the first five months of 2011, there has been an average of 51 condo sales over $1 million per month and 41 home sales over the $1 million mark according to The Real Deal. If this y
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06/16/2011
There is good news for real estate sellers in South Florida. There are nine cities in Miami-Dade and Broward counties where the average home sold for more than the asking price, meaning that the current buyer's market will soon be no more. Not only have the prices for homes been rising, some bu
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06/09/2011
Last July the mckafka Development Group closed on the largest bulk condo deal in Fort Lauderdale at the time for $10.2 million. Impressively, less than a year later the 62 units at Las Olas by the River condos have officially sold out. Most of the 62 units in the seven-story building went to for
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06/08/2011
A number of new companies offering services to Mexican business owners and investors have been popping up in US cities. Mexican investors are seeking safe places to invest their money outside of their violent country. The young Mexican executives at East Coast Opportunity (ECO) have set up thei
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06/06/2011
The penthouse condo at oceanfront Jade Ocean in Sunny Isles is breaking big records... The $3.25 million penthouse at Jade Ocean sold for an average of $1,020 per square foot, the highest recorded MLS sale measured by price-per-square-foot in Sunny Isles! This is also a record for the Jade Ocean
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06/03/2011
A few years ago you would have heard moans and groans from Fort Lauderdale real estate developers. The slow-growth approach Fort Lauderdale city leaders took during the housing boom was anything but ideal for those wanting to build. Now, their tone has changed. While other cities, such as Miami
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06/01/2011
