Robert Mullen has raised almost $1 billion to buy distressed single-family houses across the U.S. to rent. He intends to join other financial giants in taking advantage of a 29% dip in home prices since the 2006 peak and more demand for rentals for Americans who are not yet able to buy homes. Fundamental REO, […]
A complete transformation has happened. Two years ago, buyers were holding back since prices were still falling, and now there is earnestness to buy. As South Florida’s housing inventory diminish, it ignites a bidding war among builders and a quick rise in construction costs and home prices.
Riva Bay Harbor, a 25-unit project located at 9400 West Bay Harbor Drive, will be the latest waterfront development in Bay Harbor Islands that will premier next month. The condo will present a fitness center, a roof-top pool, and interiors designed by Sam Robin. The building will vary from three to four bedroom units that […]
A four-bedroom unit in Las Olas Grand building, located in Fort Lauderdale, has been sold for almost $609.61 per sq ft., or a total of $2.6 million. This is a 4.265 sq ft condo, unit no. 3501, featuring a master suite with two walk-in closets, four parking spaces, four-and-a-half bathrooms, three balconies, a home theater […]
The average sales price of condominiums in Miami raised 30.1% total sales activity in the fourth quarter, reaching the highest level since 2006. Miami’s single-family market with the most activity with 22.8% jump sales to 2,028 in total, while condo sales activity rise 9% to 3,178. Total of 5,206 units bought in the final three […]