Blog | Page 11 of 42

Mortgage rates rise for fourth straight week – hit 4.22%

Rates on 15-year, fixed-rate and five-year adjustable-rate mortgages hit their highest level since 2011 as lending standards continue to tighten. from Florida Realtors® News For more information, visit – http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=361948

321 at Water’s Edge in Fort Lauderdale nabs construction loan & ready for development

321 at Water’s Edge is coming closer to reality. SobelCo just closed on a $26 million construction loan for 321 at Water’s Edge in Fort Lauderdale. Goldman Sachs is providing the financing, according to a...

Aldi store, apartments may be coming to a vacant Sunrise shopping center

Sunrise city commissioners Tuesday approved plans for an 18,600-square-foot Aldi grocery store at a vacant shopping center on the corner of University Drive and Sunrise Boulevard, where apartments also may be built. The planned development...

Developer set to buy land for $168M Coral Springs project

A developer is set to acquire land at the intersection of University Drive and Sample Road in Coral Springs for construction of a hotel, an apartment building, and retail space. Developer Ron Sheldon of Boca...

Venezuelan developers score construction loan for Adagio Fort Lauderdale Beach

Alco International Group just scored $25 million in financing to start construction of Adagio Fort Lauderdale Beach, a planned 31-unit luxury boutique condo, property records show. Aventura-based New Wave Loans Residential is the lender. Adagio...

Mortgage rates rise for third straight week

The 30-year fixed-rate mortgage broke the 4% level last week and hit 4.15% this week, lifted by expectations of faster economic growth. from Florida Realtors® News For more information, visit – http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=361577

Foreclosed homes dip to 12-year low

Distressed properties are harder to find as foreclosure filings – default notices, scheduled auctions, repossessions – drop to their lowest level since 2005. from Florida Realtors® News For more information, visit – http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=361437

Owner may replace West Palm office center with apartments

The owner of an office center in West Palm Beach plans to convert the property to a low-rise apartment complex. Time Equities plans to build six buildings with 300 apartments on the site of Prospect...

Is it time to buy? Fence-sitters starting to fear rising rates

Mortgage applications for refinancings and home purchases surged 4.1% last week, even though rates went up, not down because more consumers are concerned that a record-long run of low mortgage rates may be drawing to...

11 New Kitchen Cabinet Ideas You’ll See More of This Year

If you’re looking to update your kitchen style for the new year with something different, you might consider reworking your cabinets. These new cabinet ideas will likely be showing up more in 2018, but we’re...

Zom buys land, scores construction loan for rental project in downtown Fort Lauderdale

Zom Living just paid $33 million for land along Federal Highway in downtown Fort Lauderdale, where it plans to build a 456-apartment project, property records show. Las Olas Company, a major property owner along the...

Demolition work under way for two developments in downtown Boca Raton

Demolition work has started in downtown Boca Raton to clear two sites for construction of a condominium and a hotel-and-condo complex. Penn-Florida Companies on Friday started demolition work at 103 East Camino Real to clear...