Strategies of the Condo Vultures®

By
Real Estate Broker/Owner - Condo Vultures® LLC
RECENT BLOG POSTS
More than 132,000 South Florida foreclosure filings and counting are now available in a realtime, searchable database created by the real estate consultancy Condo Vultures® LLC.The Foreclosure DatabaseTM provides the most up-to-date list of Lis Pendens and/or Notices of Default initiated in the v...
04/03/2009
Up to 36,000 single-family houses in Florida and 100,000 homes nationwide are estimated to contain the sulfur-smelling, metal tarnishing, appliance ruining, wire corroding, Chinese dry wall, according to the South Florida Sun-Sentinel.No estimates have yet been made public on the number of condom...
04/02/2009
Buyers paid a combined $23 million in March for six waterfront condominium units located on the Barrier Island just east of Downtown Miami, according to a new condo report from Condo Vultures® LLC.There were four deals worth $13.2 million that occurred in Miami Beach, and two transactions worth $...
03/31/2009
As the South Florida winter tourism season enters its last month, buying activity in the residential real estate markets of Miami-Dade, Broward, and Palm Beach counties is only intensifying.South Florida's residential resale inventory of condominium units, townhouses, and single-family houses dro...
03/30/2009
A new police force could soon be deputized to monitor the operations of thousands of Florida condominium associations, some of which are victims of fraud.Florida State Rep. Julio Robaina, R-Miami, and his counterpart Florida State Sen. Rudy Garcia, R-Hialeah, have filed companion bills in the sta...
03/27/2009
South Florida's residential inventory has slipped by 11.3 percent since Thanksgiving week of Nov. 24 while the number of pending sales during the same period has increased by 35.2 percent, according to a new report by Condo Vultures® LLC.South Florida now has 95,409 residential resale properties ...
03/24/2009
The Related Group is faced with $678.5 million of construction loans coming due on the massive three-tower ICON Brickell condo and condo-hotel project within the next eight months, according to the South Florida Business Journal.A $502 million construction loan on two of the three towers in the I...
03/18/2009
As the nation's financial stocks were hitting record lows on Wall Street, buyers flocked to South Florida residential real estate, sending the number of pending sales surging 4.2 percent in the last seven days ending March 16, according to a new report from Condo Vultures® LLC.Buyers entered into...
03/16/2009
Miami's great condominium crash of the 21st Century is the subject of a new 350-plus page eBook scheduled for release in April by Condo Vultures® LLC.The soon-to-be-published eBook provides a running chronicle - in words and photos - of Greater Miami's condominium boom and bust since 2006. This e...
03/12/2009
Spooked by the violent swings of the U.S. stock market combined with plummeting real estate prices, buyers moved aggressively in the last week to purchase single-family houses in Greater Miami, according to a new report from Condo Vultures® LLC.The number of single-family houses under contract in...
03/10/2009
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Condo Vultures

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Are you capitalizing on the real estate correction? Are you taking advantage of the growing number of short sales, REO properties, and foreclosures? Ready for some assistance? Call 1-800-750-0517.