In this episode, we discuss the shrinking rental inventory of condos in Brickell and Downtown Miami.  In recent months, it has become increasingly more difficult to find a rental in these neighborhoods than it has since the peak of the market.  For example, at this time The Plaza on Brickell, which has 1,000 total units, [...]

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In this episode, we provide an update regarding the developer blowout sale at The Plaza on Brickell that started last Thursday. We also touch upon pricing at Icon Brickell and discuss news regarding Marquis. We end the show by highlighting four noteworthy foreclosures that came onto the market since last Friday.

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This news came across my desk yesterday afternoon and I was quite surprised.  I verified the information on the U.S. Department of Housing and Urban Development (HUD) website.  It appears that Neo Vertika received its FHA approval on February 2, 2010 and 1800 Club received theirs on March 18, 2010.  Down payment requirements for qualified [...]

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Below, you will find what I believe to be the five best condo deals of the 66 distressed sales that closed in January 2010 in the MLS located in Brickell, Brickell Key, Downtown Miami and the Arts District.

Ten Museum Park #1905 – 1 bedroom/1.5 bath (791 square feet) – This unit sold for $137,000, or [...]

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Fannie Mae has updated its list of condo buildings which have received the Special Approval Designation.  The special designation makes it possible to obtain financing for condos in these buildings.  The following three well known developments have been added to the list:

Harbour House
Isola
Neo Vertika

A complete list of condo developments in Miami-Dade County given the Special [...]

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