South Florida Real Estate News Blog

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Real Estate Agent - Charles Rutenberg Realty LLC
Visit here to get the latest South Florida real estate news. I cover Boca Raton condos, Fort Lauderdale condo, Sunny Isles Beach condos, Bal Harbor condos, Miami condos and Miami Beach condos and related real estate news.
RECENT BLOG POSTS
The number of homes and condos in South Florida continue to dwindle - a great sign for the housing market but disappointing for hopeful buyers.  In Palm Beach County, home listings were down 23% in July compared to the year before and Broward County saw a 36% decline.  With all-cash investors dri...
08/25/2011
Coral Gables real estate is rebounding with at least seven new luxury apartment and office buildings being developed around the downtown core.  Many projects proposed during the housing boom in the last decade were put on hold when the economy slowed and the fact that construction is beginning in...
08/18/2011
With home sales in Miami-Dade County outpacing the rest of the US, it's hard to believe that one of every five households with mortgages here is in foreclosure.  Investors and foreign buyers are swooping in to take advantage of the oversupply of cheap, distressed homes. Home sales in the metropol...
08/16/2011
With the second quarter of 2011 behind us, real estate numbers in Miami are up.  Compared to the second quarter of last year, residential sales are up by 20.5% to 3,618 single-family and condo units.  The median sales price for condos and single-family homes has dropped a few percentages but the ...
08/02/2011
One of the few remaining homes designed by famed architect Maurice Fatio sold in the Sunset Islands of Miami Beach.  The 11,388 square feet home was owned by avid art collector George Lindemann Jr. who purchased Villa Tranquilla in 2000 for $8.425 million.  Built in 1936, the home had been on the...
07/29/2011
The luxury Trump Hollywood condos are selling like hot cakes!  Last fall Jorge Perez turned the oceanfront 41-story building over to the lender and that's when Miami-based BH3 paid $160 million for the mortgage.  Since the January re-launch of the development, 64 condos have been sold or signed f...
07/27/2011
Biscayne Boulevard's tallest residential tower, Marquis Residences, has launched an iPad app to facilitate sales.  Marquis Residences is home to 292 luxury residential condos in Miami, with 70% of the units selling in the first year.  The technologically advanced Marquis Residences aims to person...
07/25/2011
The sports car and speedboat racing heir to the Italian ultra luxury goods empire, Luca Formilli Fendi, recently sold his two bedroom condo in the swank One Beacon Court in Manhattan for $6.1 million.  Luca turned a sweet 38% profit on the deluxe apartment in the New York sky. Now it looks like h...
07/21/2011
Lenny Kravitz is spreading his reputation as a designer in South Florida.  In May Kravitz was tapped to revamp Paramount Bay and now SLS Hotel South Beach is asking the rocker for his decor expertise.  Lenny's Kravitz Design Inc. has been asked to design several suites at the SLS Hotel South Beac...
07/19/2011
Ready to purchase that 100 ft. deep-water lot in the Las Olas Isles, Rio Vista Isles or Sunset Islands and dock your 92 ft. yacht behind it?  Not so fast!  Do you know if the body of water is both deep and wide enough to accommodate your boat, with the required marine setbacks for each municipali...
07/14/2011
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