Anthony Criscito's (thecriscitos) Blog

For more information go to www.BuyMiami.netMIAMI, FL) -- Jack Studnicky, an internationally known real estate consultant, lecturer, trainer and workout specialist for 50 years, warns the current dumping of financially distressed residential condominiums in the Greater Miami axis, could damage the...

For more information go to www.BuyMiami.netSouth Florida homeowners who lost their jobs or owe more than their property is worth could be in line for a big new dose of federal housing aid.President Barack Obama on Friday unleashed $1.5 billion to help homeowners in Florida and other states hit ha...

For more information go to www.BuyMiami.netA for-sale house that's been vacant may look like a bargain, but buyers should be cautious because expensive problems often lurk inside homes that have been unoccupied for some time.A home can become vacant due to a marriage, job relocation, death or oth...

For more information go to www.BuyMiami.net MIAMI-Simon Property Group's $10-billion bid for General Growth Properties could be a game-changer for South Florida more than other major retail markets statewide. Simon owns 41 malls, outlets and shopping centers throughout Florida, while General Grow...

For more information go to www.BuyMiami.net With all the bad news about underwater homeowners and strategic walkaways, you might think that American homeowners' equity holdings are in the tank. But the least-publicized recent statistic on real estate is that, despite these scary reports, home equ...

For more information go to www.BuyMiami.netThe recovery of the home-building market promises to be slow and rocky, but builder Lennar Corp. has found what it thinks will be a way to juice its earnings: buying distressed real estate loans.The Miami builder's shares surged nearly 9% on Thursday aft...

For more information go to www.BuyMiami.netDistressed Florida homeowners whose loans were financed by CitiMortgage may be able to stay put for a while and avoid the pain of foreclosure proceedings under a new program, the company said Thursday.The deed-in-lieu program - which, beginning Friday, w...

For more information go to www.BuyMiami.net While the real estate industry in South Florida and across the country may be showing some glimmers of hope, there still is likely to be more pain in 2010 -- particularly when it comes to commercial real estate financing.That was the consensus Tuesday f...

For more information go to www.BuyMiami.net Real estate prices have dropped about 30 percent since their peak in 2006. As a result, something like ten million American homeowners owe the bank more than their houses are now worth. More than half of them are stuck with mortgages that are more than ...

For more information go to www.BuyMiami.netMiami residential real estate transactions maintained their three year high in December 2009, even as median sales prices for new and resale homes and condos declined from December 2008. While new home sales continued to remain a low percentage of overal...