Monthly Archives: January 2011

Miami Home Sales Continue Improvement

According to the Miami Association of Realtors and data collected from the Southeast Florida Multiple Listing Service, sales of existing homes in Miami rose by 18% in December compared to the same period in 2009. This is also approximately 70% … Continue reading

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Home Resales Rise to 7-Month High

In the United States, the sales of previously owned homes in December rose much more than forecast. They increased by 12%. It seems that after a rough patch in sales due to the expiration of the home tax credit, the … Continue reading

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Miami’s Mint Sells 100 Condos

In order to promote the sales of Mint, one of Miami’s last remaining vacant condo buildings in downtown, the owners of the building reduced prices by over 30%. Mint is part of three buildings that make up a gated community … Continue reading

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Florida Judge Rules in Favor of Homeowners

In Reddick Florida this past December, the defendants won a non-jury trial in a case where they defaulted on a home mortgage back in 2008. The Judge ruled that Chase Home Finance, LLC, the previous lender and plantiff, failed to … Continue reading

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Lennar Profit Beats Estimates

Miami based Lennar Corp, the third largest U.S. homebuilder reported a better than expected net income of $32 million for the three months ending on Nov 30th. The fact that homebuilders are able to make money in an environment where … Continue reading

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