A weekly radio show hosted by special correspondent Tom Hudson on Miami’s WLRN 91.3 FM will explore the growth of South Florida’s real estate market. The special program, “The Sunshine Economy,” airs on Mondays, May-June and explores our local economy and how it is influenced by global trends. For more information on the program, visit: http://wlrn.org/post/sunshine-economy-part-three-real-estate?utm_medium=referral&utm_source=t.co

The tide has turned for home sellers in Florida. With a shortage of homes for sale and an abundance of buyers, it has put sellers at the helm, thus steering home prices in the upward direction. Adding to this surge is a higher percentage of cash buyers. Florida’s real estate market is definitely gaining momentum. An article today in the..

The one day phone scam netted the thieves hundreds of free international calls to Somalia, Guinea and Azerbaijan. Melissa Bream got the bill: $586,371.26. Bream, the owner of a ReMax office in St. Peters, said it took her about 70 frustrating calls to the phone company, a police report and retaining a lawyer to get it straightened out. Read full..

The sale and revitalization of Channelside may be in peril after a dispute over the escrow deposit between the Tampa Port Authority and the prospective new owners. The Port Authority wants $6 million added to the current $2 million escrow deposit. By late Wednesday, both had stubbornly refused to back down. Read full story at: http://www.tampabay.com/news/business/realestate/channelside-bay-plaza-deal-hits-10-million-snag/2121136

Tampa’s Hyde Park Village shopping center is up for sale and the current owners say they will entertain all bidders. The South Tampa property is majority owned by Manhattan-based office space development company Vornado Realty Trust, and minority owned by the retail-focused real estate company Madison Marquette. The 264,000-square-foot open-air neighborhood mall sold for $31 million 2005 and $47.2 million..

The Marina Palms Yacht Club & Residences in North Miami Beach is one step closer to becoming a reality. The developer received a $20 million condo loan towards the estimated $400 million construction cost to build the 468 unit, 112-slip marina. Condo prices are projected to range from $300 to $500 per square foot. If you thinking of buying or..

The real estate market has improved significantly across the country and investment properties are becoming scarcer for home flippers. But in Florida, due to the slower judicial foreclosure process, there are still a lot of foreclosures entering the market hence there are still a lot of great buys to be found. Additionally, recent data released from RealtyTrac ranks six Florida..

The Channelside Plaza is one step closer to change. At Wednesday night’s town hall meeting, the community liked what they heard from prospective buyers Santosh Govindaraju and Punit Shah. The entrepreneurs plan to spend millions to revamp Channelside, ousting the raucous nightclubs and ushering in more family-friendly businesses. They enthralled the crowd with their pledge to, “let the dogs in..

Miami’s housing market continues to see significant growth as home prices rise and inventory shrinks. Recent data from the Miami Association of Realtors showed an increase of 16% in median home prices Feb. to March. “This is great news for the real estate industry and the economy alike,” said Teresa Williams, broker and CEO of Prospera Realty. “Sellers are enjoying..

Trulia Inc. is set to buy Market Leader Inc. at a price tag of $355 million. They’re betting the acquisition will bolster their partnerships with real estate brokerages. Trulia provides an online platform for buyers to search homes for sale and offers real estate professionals paid packages to boost their listings on the site. Market Leader provides services such as..