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Archive for the 'Florida Condos' Category

The Florida Office-Condo Trend: Will it Last?

Tuesday, August 7th, 2007

A boxy, 24-story office-condominium built near the Miami River is nearly finished. It starts closings with buyers this week. (more…)

Miami Condo Oversupply: A Problem for Florida Economy

Monday, July 23rd, 2007

In the middle of the biggest glut of condominiums in more than 30 years, Miami developers keep on building. (more…)

The Plummeting Florida Condo Market

Thursday, July 19th, 2007

The South Florida housing market has taken a turn for the worse, which is why CBS4 is kicking off a series of special reports this week dedicated to it.

Today we specifically focus on the region’s turbulent condo market. (more…)

Florida Condo Owners Receive a Double Whammy

Monday, July 2nd, 2007

Combine the Florida Legislature’s property tax reform - and its relatively small impact on nonhomesteaders - with the condo termination law that will go into effect July 1 and there could be a perfect storm for some property owners who thought they were secure in their home on the waterfront. (more…)

Miami Real Estate Company Failure Seen as Foreshadowing

Thursday, June 21st, 2007

Since the South Florida real estate party ended, the hangover has taken different forms - sales plunging, foreclosures rising, lawsuits flying. (more…)

Southwest Florida Condo Market: Ugly, Ugly, Ugly

Thursday, June 14th, 2007

Hank Fishkind, noted Orlando economist, recently described the Southwest Florida condominium market as “Ugly, ugly.” (more…)

South Florida Housing Market Condo Glut Offers Challenges, Potential

Monday, June 11th, 2007

As Florida mortgage problems arise, so do defaults on those home loans, and an increased amount of inventory on the real estate market… particularly when it comes to condos. (more…)

Florida Condo Foreclosures on the Rise

Friday, June 8th, 2007

Jade at Brickell Bay, one of the success stories of Miami-Dade County’s condo boom era, is leading the pack with a more dubious distinction: the most foreclosures at any condo development in the county this year. (more…)

Florida Real Estate Developer Discusses Condo Market

Tuesday, June 5th, 2007

How are the widespread housing market and Florida mortgage concerns having an impact on the construction industry in the state? (more…)

Nervous Investors Bail On Deposits, Condos

Wednesday, May 30th, 2007

As dozens of condo towers conceived during the Florida real estate boom near completion, investors who snatched up units early in hopes of flipping for a fast profit are increasingly trying to break contracts.

Even if and when that means walking away from fat deposits. (more…)