South Florida repos hit ignominious milestone

Lenders have repossessed or used banks to force the foreclosure sales of more than 200,000 units in South Florida since the 2007 crash, real estate consultancy Condo Vultures said in a report released Monday. In the first quarter of 2013, 104 South Florida units were repossessed — and 150 defaults issued — per day, according […]

Today’s priciest new listing 2/28/2013

Today’s priciest new listing is a five-bedroom, five-bathroom, 5,166-square-foot single-family home that is asking $5.5 million, according to Condo Vultures. The waterfront house, which is located 700 Lake Road Miami, sits on 19,110 square feet of land and features 150 feet of water frontage with a dock. Dora Puig of Puig Werner Real Estate has […]

South Florida Residential Inventory

Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing. — Christopher Cameron