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I agree totally with author – real estate is very localized and people will miss out if they take a pure appreciation approach to income  producing property. Please read

http://www.hulu.com/watch/173796/nbc-today-show-buy-a-car-or-a-condo-in-miami

Some 198 of the 384 markets tracked by PMI Mortgage Insurance Co. in the first quarter of this year continue to face significant risk of further price declines, the company reported Thursday.Among the 50 most populous metros, the risk of further declines was 70 percent. These areas typically also were faced with higher unemployment and [...]

There are a couple of new laws property owners should keep in mind as the 2010 property tax season kicks off. If you’ve added buildings, additions or other improvements to your property, you can be spared from the standard retroactive taxes that have been charged in the past. Read more: http://www.miamiherald.com/2010/08/16/1777735/new-property-laws-take-effect.html#ixzz0wlpPJdWq

Here is an idea for a reality show. After 13 years in business, I do have some good stories to tell about mishaps that occurred while showing properties, some of them pretty funny! Imagine if all the real estate agents across the USA got together and did an “America’s Most Absurd Real Estate Showings”. It [...]

This is the ultimate real estate photo of a bank owned property in Coconut Grove. Do you see the great yard behind the house ? I love It !

The plot of the last few years just continues to thicken. I am amazed that mortgage fraud, ponzi schemes and other corporate surprises are continuing to surface daily. Here is the latest scheme

For high-rises that were facing potentially crippling assessments for sprinkler retrofits, this bill is literally a lifesaver. Those communities can now determine for themselves, by a majority vote of their membership, whether or not they wish to retrofit with sprinklers.For other buildings facing costly elevator and hard-wired fire alarm retrofits, they too will now have [...]