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Stuff Coachella people say

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See photos of fans and bands at Coachella

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“Dammit! Someone popped my shark!!!” Fan who snuck in an inflatable shark to carry around

“If you eat a lot of bananas, Wisconsin Badgers Jered Weaver Jersey you won’t get sunburned.” Just a little friendly advice

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“Coachella is like Woodstock was for our grandparents,

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    Miami condos seeing revival

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    Miami condos seeing revival The downtown Miami area has seen a renaissance in the condominium market, with 85 percent of the 22,439 condo units in the area occupied through the end of 2010, up from 74 percent in February 2010, according to a new report from Goodkin Consulting/Focus Real Estate Advisors. On the sales front, 78 percent of the total number of units completed in the area have been sold, up from 68 percent at the end of 2009. The average sales price for existing units last year was $347,729, a 15 percent increase from 2009. [Sun Sentinel]

    Miami condos seeing revival

    http://go.madmimi.com/redirects/8ff1dcb4d5104054dad717312be84da4?pa=3011435604

    Icon Brickell in Miami

    Miami condos seeing revival The downtown Miami area has seen a renaissance in the condominium market, with 85 percent of the 22,439 condo units in the area occupied through the end of 2010, up from 74 percent in February 2010, according to a new report from Goodkin Consulting/Focus Real Estate Advisors. On the sales front, 78 percent of the total number of units completed in the area have been sold, up from 68 percent at the end of 2009. The average sales price for existing units last year was $347,729, a 15 percent increase from 2009. [Sun Sentinel]

    Investors fuel home sales surge across S. Florida,

    By Paul Owers February 23, 2011 02:30 PM

    forsalesign.jpg Home sales rose sharply in January across Palm Beach and Broward counties, the Florida Realtors said Wednesday. Palm Beach County had 745 existing homes trade hands, up 36 percent from a year ago. Broward sales increased 18 percent to 813. Existing condo sales in both counties also were robust. Home sales surged across Florida and the nation. Many of the sales are cash deals from investors. Nationally, the share of first-time buyers in January slipped to 29 percent, down from 40 percent a year ago. œIncreases in all-cash transactions, the investor market share and distressed home sales all go hand-in-hand, Lawrence Yun, chief economist for the National Association of Realtors, said in a statement. œWith tight credit standards, it™s not surprising to see so much activity where cash is king and investors are taking advantage of conditions to purchase undervalued homes. While sales were strong, prices were down. Broward™s median home price in January was $165,100, off 5 percent from a year ago. Palm Beach County™s median fell 19 percent to $192,800. Meanwhile, January was the first month featuring a change in how Broward reports sales and prices to the Florida Realtors. The Realtor Association of Greater Fort Lauderdale said the January figures now include sales and prices from three other local associations doing business in Broward. These groups haven™t provided their Broward statistics to the state Realtors’ board until now, said Richard Barkett, chief executive of the Fort Lauderdale association. Barkett said his trade group will factor in sales and prices of these other transactions for each month of 2010 so that the 2011 comparisons will be accurate.

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    New housing low in South Florida

    Case-Shiller reports new housing low in South Florida

    by Kim Miller

    We could practically cut-and-paste last month™s Case-Shiller story into today™s blog as South Florida home prices hit another low in December. marketdown The Standard & Poor™s/Case-Shiller report released this morning shows home prices in Palm Beach, Broward and Miami-Dade counties showed a 3.7 percent decrease compared to the same time in 2009. The index level for the tri-county area was 143.11 in December, about 49 percent below its peak in December 2006. Other markets that saw their lowest levels since home prices peaked are Atlanta, Charlotte, Chicago, Detroit, Las Vegas, New York Phoenix, Portland, Ore., Seattle and Tampa. œWe ended 2010 with a weak report. The National Index is down 4.1% from the fourth quarter of 2009 and 18 of 20 cities are down over the last 12 months, said David M. Blitzer, chairman of the index committee. œDespite improvements in the overall economy, housing continues to drift lower and weaker. On the flip side, however, there were some markets showing improvement in December. California is doing better with gains from their low points in Los Angeles, San Diego and San Francisco. Las Vegas and Cleveland have average home prices now below their January 2000 levels. January 2000 is when the index was set.

    Biggest price cut of the day in Golden Beach – Feb. 2011

    Biggest price cut of the day

    February 22, 2011 05:15PM

    alternate text 510 Ocean Boulevard The South Florida home to see the biggest price cut today is a five-bedroom, six-bathroom house at 510 Ocean Boulevard in Golden Beach, according to data from Condo Vultures Realty. The $1.6 million Miami-Dade County home saw a $200,000, or 11 percent, price cut. It was originally listed for $1.8 million when it hit the market in January. The 4,854-square-foot home sits on a 12,499-square-foot lot with a pool, and comes with private beach access for Golden Beach residents. Angel Cabrera of Grand Realty of America has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD

    South Florida Residential Inventory Feb. 2011

    South Florida residential inventory

    February 22, 2011 02:15PM Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing. Tags: condo vultures residential inventory