As of June 1, 2009, Fannie Mae updated their website to reflect the condo developments in Florida that are now approved for financing.
The following is a list of recent condo developments in South Florida that are now Fannie Mae approved:

50 Biscayne
500 Brickell (East & West)
900 Biscayne Bay
Artech
Brickell on the River South
Everglades on the Bay (North [...]

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It’s no secret that most condo developers in Miami are still left with a large supply of unclosed condos.  These developers pretty much have three options: (1) Do nothing and continue to bleed money by paying interest on the outstanding debt, (2) Sell condos in bulk to a vulture fund at a very big discount, [...]

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It’s been a few months since my last Miami condo closing rate update. The percentage of closed units for 25 major condo developments are provided below, starting with the first development to begin closings. Four condo developments have been added: Icon Brickell, Everglades on the Bay, Infinity at Brickell and Epic.  You’ll find these towards [...]

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It’s been almost three months since my last Miami condo closing rate update.  The last one was published on September 22, 2008.  Unfortunately, there has not been a lot of progress in closings for most of the condo developments below since that time.

Below, you will find the date that each condo development began closings followed [...]

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It’s been a little over two months since my last condo closing rate update.  The last one was published on July 8, 2008.

Below, you will find the date that each condo development began closings followed by the number of closed units in each condo development:

Ten Museum Park – June 14, 2007 – (165)
Latitude on the [...]

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