Monthly Archives: October 2010

Getting Ready For Red Dot Art Fair Miami

Red Dot Miami has has set up the massive tents and begun preparing for the art fairs to take place by Midtown Miami in the Wynwood Arts District during the week of Art Basel from December 1st to the 5th. … Continue reading

Share
Posted in Miami Real Estate, Midtown | Tagged , , , | Leave a comment

Rockwood Capital Scoops up Downtown Miami Everglades Condos

New York based, Rockwood Capital has won at a foreclosure auction what is likely to be the last major bulk condo deal for a while in Miami. The auction was for a the first mortgage construction loan made by Bank … Continue reading

Share
Posted in Downtown, Miami Real Estate, Statistics | Tagged , , , , | Leave a comment

Miami World Center Foreclosure Auction

November 24th is the date set for foreclosure auction of the impressive 25-acre assemblage of land and properties which was supposed to become home to the Miami World Center. They are located beginning just one block west of Biscayne Blvd … Continue reading

Share
Posted in Downtown, Miami Real Estate, Midtown | Tagged , , | 1 Comment

Home Builder Confidence Rises

A few weeks ago Lennar Corp, a Miami based home builder and one of the nation’s largest, decided to take a big gamble and purchase a portfolio of over $740,000,000 of distressed real estate assets in show of confidence that … Continue reading

Share
Posted in General Economic, Miami Real Estate, Real Estate | Tagged , , | Leave a comment

Foreclosure Freeze will Impact Miami

The most important news in October and perhaps of 2010 relating to the foreclosure market has been the recent freeze of the foreclosure proceedings by major US banks and mortgage servicers due to apparent legal missteps to put it mildly. … Continue reading

Share
Posted in Downtown, General Economic, Miami Real Estate, Politics, Real Estate, Uncategorized | Tagged , , | Leave a comment

Wynwood Market Debuts in Upcoming Wynwood Art Walk

Intending to cater to the masses walking along NW 2nd ave during Gallery Walk in Wynwood, Art Walk will be comprised of 35,000 square feet of open air vendors, performers, and artists. I have not heard much about this so … Continue reading

Share
Posted in Midtown | Tagged , | 3 Comments

Miami September Pending Home Sales Continue Improvement

According the the Miami Association of Realtors and the Southeast Florida Multiple Listing Service, pending home sales in Miami-Dade County increased 28.6% in September 2010 compared to Sept 2009. This is in a brighter contrast to the national pending home … Continue reading

Share
Posted in Downtown, General Economic, Miami Real Estate, Midtown, South Beach, Statistics | Tagged , , | Leave a comment