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Archive for the 'Miami' Category

Fort Lauderdale and Miami top ten cities for foreclosures

Thursday, November 15th, 2007

Cities in California, Florida, and Ohio dominated the top 25 U.S. cities with the highest foreclosure rates according to a report released by RealtyTrac on Wednesday. (more…)

Miami-Dade Mortgage Task Force reports progress

Thursday, November 8th, 2007

Miami Mayor Carlos Alvarez’s Mortgage Fraud Task Force met Wednesday to discuss their progress on the war against real estate fraud in South Florida. (more…)

Florida condos going commercial

Monday, November 5th, 2007

With the housing market still in a slump, a lot of Florida condo developers are switching their unbuilt projects over to commercial spaces. (more…)

Feds prosecute 18 people South Florida for mortgage fraud

Friday, September 28th, 2007

Federal prosecutors charge that mortgage brokers, appraisers, title agents, and loan officers took more than $50 million in fraudulent home loans to buy luxury condos in South Beach and homes in Southwest Ranches. (more…)

Miami Condo Auction unsuccessful

Tuesday, September 25th, 2007

Maysville, the developer of the new Platinum condominium in Miami’s edgewater neighborhood, auctioned off 20 of the unsold condo units in Thursday in the hopes of moving some of its inventory. (more…)

Florida Mortgage Fraud Rampant in Miami

Wednesday, September 19th, 2007

Florida mortgage fraud is a growing problem in greater Miami. (more…)

Miami Housing Market Struggles to Weather Downturn

Wednesday, August 29th, 2007

Cars parked around construction sites for 17 apartment buildings in the Bayside district of Miami are covered in a film of work dust, but locals fear the buildings could become empty monuments to the housing downturn. (more…)

Orlando and Miami: Risky Housing Markets

Wednesday, August 8th, 2007

Forbes.com has just ranked the Miami housing market and Orlando as the two riskiest markets in the country. (more…)

Miami, South Florida Sellers Refuse to Drop Prices

Monday, July 30th, 2007

South Florida homes continue to sit on the market, waiting for buyers, while more and more are being put up for sale. Some real estate experts now say it will be 2009 before the housing market starts to recover. (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…)