MULTIFAMILY

Colombia Continues Streak as No. 1 Foreign Country Searching Miami Real Estate

According to MIAMI Association of REALTORS Chairman of the Board, Colombians and all home buyers love Miami because it is young, modern, multicultural, multilingual and growing. Historically, changes in the political landscape have led to more searches and purchases by global buyers.

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‘King Of Coconut Grove’ Is Broke, Judge Says. A Dozen Of His Lots Will Be Auctioned

A Miami-Dade Circuit Court Judge just approved the bulk sale of one dozen choice, lush lots in the highly desirable real estate market of Coconut Grove. The auction is being held to raise money to help pay back $85 million that buyers, investors and lenders claim they are owed by developer Doug Cox.

‘King Of Coconut Grove’ Is Broke, Judge Says. A Dozen Of His Lots Will Be Auctioned Read More »

Disputed Lots Never Developed By ‘King of Coconut Grove’ Are Likely Headed For Auction

According to court records, a court-appointed receiver wants to auction off a dozen prime lots in Coconut Grove. Eight of the lots are still under contract to buyers, some of whom have waited years for their houses to be built as completion dates came and went and nothing happened on the properties.

Disputed Lots Never Developed By ‘King of Coconut Grove’ Are Likely Headed For Auction Read More »

Miami-Dade’s Housing Market Sets Price Record, Bucks National Trend Of Deflating Prices

Although higher interest rates on mortgages have caused housing prices to fall overall in most of Florida and across the United States, Miami-Dade keeps bucking that trend. In short, people continue to relocate to the county from New York, Chicago and San Francisco, among other cities.

Miami-Dade’s Housing Market Sets Price Record, Bucks National Trend Of Deflating Prices Read More »

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