Anthony Criscito's (thecriscitos) Blog

Commercial real estate markets are stabilizing nationwide and will modestly improve in 2011, according to the latest National Association of Realtors economic outlook released Monday.The outlook cited a recent commercial real estate index by The Society of Industrial and Office Realtors, which re...

MIAMI - - When Efrain Hernandez couldn't seal a deal before the first-time home buyer tax credit expired this year, he lost faith that he would ever own a house in this real estate climate.But the enforced wait got him more than the $8,000 federal tax credit.Hernandez negotiated a contract on a f...

Miami, FL -- The median sales price of single-family homes in October in the Miami Metropolitan Statistical Area increased 12 percent to $199,100 from a year earlier, according to the MIAMI Association of REALTORS and the Southeast Florida Multiple Listing Service (SEFMLS). Miami was one of only ...

There's a large number of homes, either already repossessed by lenders or very seriously delinquent, that are poised to be added to the already glutted regular supply of homes on the market. This "shadow inventory" jumped 10% during the past year, to an eight-month supply at the current rate of h...

Q: My family wants to buy a house in Miami. They are looking for a foreclosed property around $60,000, and will pay all cash. Do you think the time is right to buy now? If not, when would be the best time to buy? --Mehmet, FloridaA: First, I'd like to ask you and your family to rethink a core ele...

South Florida home prices continued to drop in the third quarter, spurring an increase in condominium sales, even as single-family sales slumped, a report released Thursday by the Florida Association of Realtors found. In Miami-Dade County, condo sales jumped to 2,527 in the third quarter, up 43 ...

South Florida homes continued to shed value, sellers were still slashing prices and distressed sales were still dominating the market in the third quarter of the year-- all signs that the real estate recovery has a long way to go.A report released Wednesday by real estate firm Zillow found that 4...

Amid South Florida's recession-battered real estate market, there's some pretty good news: We haven't lost our allure and bargain hunters have moved in.That's the feedback from a panel of real estate experts gathered for the 10th Business Journal Critical Conversation for 2010. Previous installme...

As we all know, Florida has seen some of the most dramatic falls in real estate prices and the total number of homes sold since the housing market collapsed. Although things are bad in much of the state, it seems that the real estate market in Florida may be on the mend. Some of the most hard hit...

As South Florida's shaky real estate market searches for recovery, an investor group's $1 billion bet on the local condominium market is about to be put to the test. Starwood Capital-led investor group ST Residential -- in charge of more than 1,200 new condo units in South Florida -- launched its...