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October 20, 2018

Real Estate

Why Florida's Most Expensive Listing Might Actually Be a Screaming Bargain

What was once Florida's most expensive listing has recently come back on the market. But this time around, buyers might actually be able to score a bargain on this luxe property. How's that, you might ask? Read more »
Published on 10/15/2018

Waterside Place in Lakewood Ranch breaks ground

Groundbreaking for the much-anticipated Waterside Place took place Oct. 4. The future lakefront town center, located south of University Parkway and east of I-75, will feature shops, restaurants, office space, The Players Centre for Performing Arts and Waterside Park, an eight-acre peninsular park. Read more »
Published on 10/12/2018

North Florida Land Trust Marks Largest Conservation Easement Acquisitions to Date

More than 2,500 acres in Clay County will be preserved in perpetuity Read more »
Published on 9/18/2018

CoreLogic reports a 12.4 percent YOY increase in mortgage fraud risk

Risk index has continually increased for the last seven quarters; States with heavy out of state investment showed significantly higher fraud risk; All loan segments showed increased risk year over year Read more »
Published on 9/14/2018

U.S. Home Flipping Returns Drop to Nearly Four-Year Low in Q2 2018

Home Flipping Rate Down From Previous Quarter and a Year Ago; Share of Financed Flips Down from Nearly 10-Year High a Year Ago; 32 Percent of Flips Acquired Via Distressed Sale, Down From 68 Percent Peak in Q1 2010 Read more »
Published on 9/6/2018

Kolter Homes plans for new 466 home development within the Watersound Origins community

The St. Joe Company, The Watersound Company, LLC, a subsidiary of St. Joe, and Kolter Acquisitions LLC, a subsidiary of Kolter Homes, LLC today announced plans to create a new home development within the Watersound Origins community. Watersound and Kolter have entered into a definitive long-term contractual agreement whereby Watersound will develop 40', 50' and 60' wide finished lots for Kolter in multiple phases. Read more »
Published on 9/4/2018

Miami residents fear 'climate gentrification' as investors seek higher ground

In Miami, Little Haiti's location, close to both the beach and downtown, makes it a prime target for development. But some residents also believe there's another factor contributing to gentrification here: the threat of climate change. Read more »
Published on 9/4/2018

Realtors® Chief Economist Reflects on Past Recession, What's Ahead for Housing

Despite rising mortgage rates and slower sales, home prices to rise at a healthier pace in 2018 and beyond. Read more »
Published on 8/28/2018

Foreclosure starts in Florida up 35 percent year-over-year in July

ATTOM Data Solutions, curator of the nation's premier property database, today released its July 2018 U.S. Foreclosure Market Report, which shows that foreclosure starts increased from a year ago in 96 of the 219 metropolitan statistical areas (44 percent) analyzed in the report. Read more »
Published on 8/22/2018

Florida's Housing Market: Sales, Median Prices, New Listings Up in 2Q 2018

Second-quarter 2018 saw increased sales, higher median prices and more new listings for Florida's housing market, according to the latest housing data released by Florida Realtors®. Read more »
Published on 8/13/2018

VyStar Credit Union Completes Purchase of Tower in Downtown Jacksonville

VyStar Credit Union has completed the purchase of the tower located at 76 S. Laura Street in Downtown Jacksonville for $59 million. Read more »
Published on 8/6/2018

Colombia Continues to be Top Country Searching for Miami Homes

Colombian consumers registered the most international web searches for Miami homes in April, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia registered 12.2 percent of all international searches on MIAMI's portal, www.MiamiRealtors.com, in April 2018. Colombia has led the rankings for five consecutive months. Read more »
Published on 7/30/2018

International Activity in U.S. Residential Real Estate Market Declines, According to Realtor® Survey

The survey once again showed that foreign buying activity is mostly limited to three states: Florida, California and Texas Read more »
Published on 7/30/2018

Harvesting rooftops: Rayonier is in the development business

The timber and real estate company envisions its 261-acre Wildlight project as the beginning of something bigger... Read more »
Published on 7/27/2018

2018's Best & Worst Cities for First-Time Home Buyers

Tampa is #2 for "Best City for First-Time Home Buyers," Miami ranks in the bottom, says WalletHub Read more »
Published on 7/16/2018

$29 million Florida condo comes with its own custom 'scent identity'

At a time when luxury-home sales are slowing, and sellers are desperately trying to distinguish their properties in an effort to attract buyers, a developer is offering a unique perk to the buyer of a two-story condominium unit in Sunny Isles Beach: Your own personal scent. Read more »
Published on 7/15/2018

West Villages Florida Ranks In Top 5 U.S. Master-Planned Communities by RCLCO

West Villages Florida, a 15,000-acre master-planned community in Sarasota County, Florida has again been named among the fastest selling Master-Planned Communities in the United States. Read more »
Published on 7/11/2018

Mortgage delinquency rates decline nationally, but Florida shows increase due to Irma

CoreLogic Loan "Performance Insights" study finds declining mortgage delinquency rates for April among states impacted by 2017 hurricanes. Read more »
Published on 7/11/2018

Rising interest rates, foreign investment impact South Florida commercial real estate market

More than halfway through 2018, the South Florida retail market is going through a combination of headwinds and tailwinds. Rising interest rates remain a focus for commercial real estate investors. International investors continue to show strong interest in retail properties. Shopping center landlords are also still facing competition from e-commerce and store closures. Read more »
Published on 7/6/2018

Foreign Investment in U.S. Commercial Real Estate Remains Strong, China and Mexico Top Investors

Florida was the top state where outside investors purchased and sold commercial property last year; California was third Read more »
Published on 7/2/2018

Time to Share: Marriott Vacations and ILG merge

Two of Florida's biggest publicly traded companies are joining forces, as Orlando-based Marriott Vacations Worldwide will buy Miami-based ILG in a $4.7 billion cash-and-stock deal. Read more »
Published on 6/28/2018

Profile: Jorge Perez and his Related Group

Related Group -- No. 42 on the largest private companies in Florida -- is riding the crest of the downtown development wave with high-end apartment and condo projects in Miami and abroad. Read more »
Published on 6/28/2018

Fla. housing market: Sales, median prices, new listings up in May 2018

In May, Florida's housing market reported more sales, higher median prices and more new listings from owners ready to sell, according to the latest housing data released by Florida Realtors®. Read more »
Published on 6/22/2018

New joint venture purchases ADT's global campus

A new joint venture partnership between Boca Raton, FL-based PEBB Enterprises and Chicago, IL-based Tortoise Properties has purchased the landmark ADT headquarters property on Yamato Road in Boca Raton, Florida. Read more »
Published on 6/20/2018

Opendoor Announces $325 Million in Series E Financing

Leading online real estate marketplace plans to expand to 50 markets by 2020; deepens technology investment to simplify home buying and selling experience Read more »
Published on 6/18/2018

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