Coconut Creek Real Estate News
Thursday May 21 | via The Miami Herald
Sales for existing homes in Miami-Dade County dropped slightly in April 2015 compared to April 2014, dragged down by a lack of interest in older condos as new luxury towers pop up on the beach and across the downtown. But prices still rose last month in Miami, and the market in Broward County made gains in both home sales and values, according to reports released Thursday by the Miami Association of Realtors and the Greater Fort Lauderdale Realtors. Comment?
Monday May 18 | via Business Journal
Florida Community Bank turned a rare profit from the sale of a repossessed development site in Broward County. Comment?
Tuesday May 12 | via Business Journal
In one of the first deals of its kind in South Florida, a portfolio of 174 foreclosed homes in Broward County was sold for $29.13 million. Comment?
Apr 22, 2015 | via The Miami Herald
Home sales and prices for the region were up in March compared to the previous year, according to the latest monthly reports from the Miami Association of Realtors and the Greater Fort Lauderdale Realtors. In Miami-Dade County, sales for existing single-family homes and condos were up 6.8 percent year-over-year, with most of the growth coming from single-family. Comment?
Apr 21, 2015 | via Business Journal
Overall commercial mortgage volume more than tripled in South Florida between 2009 and 2014, according to a study released by Miami-based BridgeInvest, a private mortgage lender. Over $11.4 billion in commercial mortgages were financed in 2014, up from about $9.8 billion in 2013 and $3.5 billion in 2009 Miami-Dade County captured the biggest slice of mortgage volume in the region in 2014 with 57 percent, followed by Palm Beach County at 23 percent and Broward County at 20 percent. Comment?
Friday | via Business Journal
Headway Office Park in Lauderdale Lakes is headed to auction after its owner lost a $12.9 million foreclosure judgment. Wells Fargo Bank, representing a commercial mortgage-backed securities trust, won the judgment against SRA/Sunrise Development over a $10.8 million mortgage, plus interest and fees. Comment?
Friday | via WTVY Dothan
Governor Rick Scott today announced that Florida businesses created 25,800 private-sector jobs in April 2015. Since December 2010, 865,600 private-sector jobs have been created across the state. Comment?
Thursday | via Capital Soup
Florida's housing market reported more closed sales, higher median prices, increased pending sales and more new listings in April, according to the latest housing data released by Florida RealtorsA . Closed sales of existing single-family homes statewide totaled 25,206 last month, up 17.9 percent over April 2014. Comment?
Thursday | via WIOD-AM Miramar
Florida posted the highest foreclosure rate in the country, and Miami home foreclosures are still near the worst in the nation. Bank Repossessions across the country are at 27-Month High, but remain 56 percent below the darkest days after the recession. Comment?
Thursday May 21 | via The Orlando Sentinel
For the first time in years, Orlando's median home prices dropped below the midpoint price for houses in metro areas throughout Florida, a new report shows. The mid-range price for a single-family house in the Metro Orlando area, which includes Orange, Seminole, Lake and Volusia counties, was $189,900 during April. Comment?
6 min ago | via South China Morning Post
The mainland's top insurers China Life and Ping An Insurance Group last month linked up to make their first foray in the US real estate market. Photo: Reuters Some high-profile alliances are attracting attention in the property world, but synergies may prove elusive if partners become blinded by the pursuit of scale. Comment?
29 min ago | via Seeking Alpha
The Swiss franc has continued to propel higher in recent months. From a rate of 0.9924 on March 17, the franc has risen to a high of 1.0958 against the dollar on May 15 before reverting to a rate of 1.0598 at the time of writing. Comment?
44 min ago | via Big News Network.com
Our eNewspaper network was founded in 2002 to provide stand-alone digital news sites tailored for the most searched-for locations for news. With a traditional newspaper format, more than 100 sites were established each with a newspaper-type name to cover the highest-ranked regions, countries, cities and states. Comment?
1 hr ago | via AmericanBankingNews.com
's stock had its "buy" rating reaffirmed by investment analysts at Compass Point in a note issued to investors on Saturday. They currently have a $19.00 target price on the stock, down from their previous target price of $20.00. Comment?
1 hr ago | via Capital Weekly
Fantastic ocean views & a short walk to Short Sands Beach, that's what you'll find with this charming New Englander w/ pretty southern yellow pine flrs downstairs & wide pine upstairs. Large dining rm & spacious living rm , along with 5 bedrooms make this home perfect for large gatherings of all kinds. Comment?
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