Archives: August 2013

69% Of Home Sales Are Cash In S. Florida

In South Florida, 69 percent of all home sales last month were cash deals — and that’s way above the national average. Across the state, 66 percent of home sales were cash, compared with the national rate of 40 percent. One expert called Florida’s rate “astounding.” With one of the nation’s highest foreclosure rates, South […]

Luxe Miami Beach Residential Roars Ahead

The sales prices of single-family homes and condominium units in Miami Beach’s luxury real estate market gained from a year ago, according to a report by Miami-based Zilbert Realty broker Arno de Vos. From August 1, 2012 to July 31, 2013, 826 condos and 304 single-family homes sold in Miami Beach’s luxury residential market, which […]