867x177miamiOLDER
South Florida Las Vegas San Diego Los Angeles Phoenix

Condo Vultures® Realty, LLC

CVR Logo

1005 Kane Concourse
Suite 205
Bal Harbour, FL 33154
Phone: 305-865-5629
Fax: 1-305-832-0311


map

Relying on public and private research, experience, and longstanding relationships, Condo Vultures® Realty LLC has established itself as an ideal organization to assist you in capitalizing on the residential real estate crash in South Florida.


Equal Housing Opportunity Logo
 
SOUTH.FLORIDA.MARKET.INTELLIGENCE RSS Button
  • Foreclosure Filings Top 250,000 In South Florida Since 2007

    Lenders have initiated more than 250,000 foreclosure actions - also known as Lis Pendens or notices of default - against properties in the tricounty South Florida region since 2007, according to a new report from CondoVultures.com.

    The South Florida region reached the 250,000 foreclosure filings threshold on Friday, Aug. 27, when lenders initiated a combined 248 actions against properties in Miami-Dade, Broward, and Palm Beach counties, according to the report based on the Condo Vultures® Foreclosure Database™.

    read more >>
 
SOUTH.FLORIDA.REAL.ESTATE.NEWS RSS Button   SOUTH.FLORIDA.FINANCE.NEWS RSS Button
  • Israelis, Venezuelans buy condos as homes, investments

    Miami Today, Posted: 09/02/10

    Many of the international buyers scooping up condos in South Florida's top bayfront communities are buying to occupy part-time, brokers say, but many would consider a future sale at a profit.    Where these buyers decide to purchase depends in part to the condominium's location, as some are more attracted to beachfront enclaves like Miami Beach, Sunny Isles Beach and Aventura while others want to be in the center of the action and opt for condos in greater Downtown in areas such as Omni, Brickell and downtown. 


    read more >>

  • Tiger Woods takes out $54.5 million mortgage on mansion in Florida

    New York Daily News, Posted: 09/02/10

    Hot on the heels of his highly public divorce, Tiger Woods reportedly took out a $54.5 million dollar mortgage for his new Florida mansion. The troubled golfer filed the legal docs for the massive mortgage earlier this week, according to TMZ.com, and reportedly listed himself as a "single man". The home, located on the exclusive Jupiter Island, will reportedly have a tennis court, oxygen therapy room, many pools and a fitness center. The loan should be repaid by 2016, reports the site. 


    read more >>

  • Fractional Industry Wrestles With the Times

    International Property Journal, Posted: 09/02/10

    After two years of slumping sales, fractional executives this week called for a more aggressive approach to marketing shared-ownership plans to wary second home buyers.

“The consumer is still in a recessionary mindset,” said Piers Brown, founder of Fractional Life, which sponsored the Fractional Summit, an industry conference in Miami this week.

    read more >>

  
  • Governments, community groups to get first crack at foreclosed homes

    Palm Beach Post, Posted: 09/02/10

    Cash investors hunting for abandoned and foreclosed properties will take a back seat to buyers using federal housing money under an "unprecedented" agreement with the nation's largest private lenders. The "First Look" program, announced Wednesday, gives local governments and community groups using Neighborhood Stabilization money the first crack at buying bank-owned homes in areas hit hard by the real estate crash. 


    read more >>

  • Second quarter rough for Florida banks

    Miami Herald, Posted: 09/02/10

    While U.S. financial institutions have boasted their highest profits in nearly three years, Florida banks continued to rack up sizable losses in the most recent quarter. Florida's 265 institutions lost a combined $263 million in the quarter, slightly higher than the $257 million loss a year earlier. But losses among the state's banks have eased so far this year. They reported $395 million in combined losses at mid-year, compared with a $1 billion loss during the same period a year ago. 


    read more >>

  • Jobless Claims Edge Lower, Productivity Takes Dip

    Reuters, Posted: 09/02/10

    New U.S. claims for unemployment benefits fell last week, government data showed Thursday, but were still too high to signal a change in fortunes for the troubled labor market. Initial claims for state unemployment benefits dropped for a second straight week, slipping 6,000 to a seasonally adjusted 472,000 in the week ended Aug. 28, the Labor Department said. 


    read more >>