MOST RECENT ARTICLES BY:

Roger Drouin






    Brokers put sales stats in spotlight

    Brokers put sales stats in spotlight

    South Florida’s existing homes sales showed gains again in June and July, with moderate-priced homes and condos seeing the most activity. “The high end of the market, which is the most challenging, is beginning...

    Brokers put sales stats in spotlight
    Miami residential and office markets muddled

    Miami residential and office markets muddled

    Recent data reveals mixed results and uncertain outlooks for Miami’s residential and office markets. According to a pair of new...

    Miami residential and office markets muddled
    Bulk buyers moving more quickly on condos

    Bulk buyers moving more quickly on condos

    “Timing, timing, timing” is becoming the new mantra for investors trying to pull off bulk purchases at the empty condo towers that are Brickell and South Florida’s oceanfront legacy of the building bubble. Rodrigo Nino,...

    Bulk buyers moving more quickly on condos
    Auctions move homes in plunging market

    Auctions move homes in plunging market

    The number of homes sold under the gavel in South Florida jumped over the past year, as auctions become a more acceptable method for distressed buyers to move property in today’s real estate market....

    Auctions move homes in plunging market
    Distressed sales coming in commercial

    Distressed sales coming in commercial

    The commercial real estate market in South Florida, already stung by a slew of economic factors that first battered the residential market, faces a long road to recovery. The commercial market slump casts a...

    Distressed sales coming in commercial
    Coastal condo inventory dropping

    Coastal condo inventory dropping

    Falling condo prices and increased resales of existing properties cut unit inventory in South Florida to less than 50,000 — a drop of about 25 percent from last July. The number is encouraging, but...

    Coastal condo inventory dropping
    Low flow for high end

    Low flow for high end

    Bogged down by pricing that remains out of sync with plunging property values and buyers expecting great deals, the $1 million-plus luxury market in South Florida moves at a trickle compared to lower priced...

    Low flow for high end
    Home loan rates likely to climb

    Home loan rates likely to climb

    As investors begin to show signs of nervousness about backing government debt, historically low mortgage rates could feel the impact, further curbing South Florida’s shaky low-end market pickup. “Essentially, we’re seeing more and more...

    Home loan rates likely to climb
    Aggressive pricing brings back bidding wars

    Aggressive pricing brings back bidding wars

    A foreclosure in one of Davie’s pricier gated communities hit the market on a Sunday, and by Monday there were 10 offers. It went to the highest bidder, who offered $75,000 above the $399,000...

    Aggressive pricing brings back bidding wars
    Low end moves fastest in sales pickup

    Low end moves fastest in sales pickup

    Sales activity increased as the inventory of homes and condos in South Florida dropped in April, thanks mostly to steep discounts on bank-owned properties. The number of single-family homes and condos on the market...

    Low end moves fastest in sales pickup

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