Anthony Criscito's (thecriscitos) Blog

Miami-Dade's existing condo sales in May were up more than 70 percent compared with the same month last year. Backed by a multibillion-dollar private equity firm in New York, a team of Miami investors and strategists launched Lionheart Capital this year looking to scoop up choice South Florida co...

Condo sales soared by 70% in May 2010 compared to May 2009. Sales of existing single-family homes rose 22%.Sales in the Greater Miami area beat national sales of existing single-family homes, which increased 19.2 percent from May 2009, according to the Realtor Association of Greater Miami and the...

Cristina Miranda never wanted to live in a condominium but after she walked into one at the Gables Club with sweeping views of the sparkling Biscayne Bay, Fisher Island and the Miami skyline, she changed her mind.With no regrets, Miranda sold her Coral Gables house of 30 years that she had shared...

The Senate voted 60-37 on Wednesday to extend until the end of September the deadline for completing home sales and still qualifying for a popular home buyer's tax credit.Only buyers who signed contracts by April 30 could take advantage of the extension. Without it, buyers must close the deal by ...

Frustrated home buyers trying to complete short sales or get flood insurance stand to benefit most from an extension, which has not yet passed Congress, but is being pushed by Senate Majority Leader Harry Reid, D-Nev.Reid, who is up for re-election, said last week that buyers should have until th...

Low taxes, warm sunshine and deep discounts on real estate. No wonder IRS data shows the wealthiest among us are headed south.America's wealthy like warm weather and low taxes. That's the takeaway from IRS data, analyzed by Forbes, on moves between counties. We looked for counties that the rich a...

Two Asian firms are setting up in Miami-Dade, creating 70 jobs and investing $2.4 million over three years.It's unclear how many of those jobs will be filled locally and how many will be staffed from the companies' headquarters.Crystal Mover Services Inc., a transportation operations and maintena...

Fort One Real Estate Investments, an investment fund with roots in Miami and Washington, D.C., said it has completed transactions in Miami Beach totaling $52 million.In a news release, Fort One said it has closed on the purchase of the 48 remaining unsold condominium units at the Capri South Beac...

Miami-area home sales in April dipped from March and remained well below average, but they shot up over the unusually low year-ago level for the 14th consecutive month as investors, first-time buyers and vacation-home buyers targeted lower-cost condos and other abodes. The median sale price fell ...

MIAMI- On Tuesday, the governor of Florida, Charlie Crist, signed into law the Distressed Condominium Relief Act, which is designed to give assurance to bulk condominium buyers that they won't be liable for the flaws in a building they did not develop. Theoretically, as bulk buyers are spared thi...