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April 23, 2007
Miami Real Estate News Of The Week. 800-819-5466
Fueled by surging energy prices, the closely watched Consumer Price Index (CPI) shot up 0.6% in March, the biggest increase since a similar rise in April 2006. However, core inflation -- which excludes volatile energy and food prices -- rose 0.1% in March, the smallest increase in three months, and better than the 0.2% rise Wall Street had expected. Inflation for the first quarter of 2007 was 4.7%, far above the 2.5% increase for all of 2006.
The Conference Board said its Index of Leading Economic Indicators climbed a tepid 0.1% to 137.4 in March, as analysts had expected. The latest reading reverses two straight months of declines. The index is designed to forecast economic activity over the next three to six months.
Retail sales rose 0.7% in March, up from a 0.5% gain in February. It was the best showing since a 1.1% rise in December, the Commerce Department reported April 16. Analysts had predicted a 0.8% increase.
Construction of new homes edged up 0.8% in March, the second straight monthly rise, the Commerce Department reported April 17. Applications for new building permits also rose by 0.8% in March, the first advance in three months, providing a glimmer of hope that the worst of the housing downturn might be over.
For the week ending April 19, interest rates on 30-year and 15-year fixed-rate mortgages declined, remaining well below year-ago levels, Freddie Mac said April 19.
This week look for updates on existing and new home sales on April 25.
For more information regarding the above web blog, please call Dean or Bonnie Isenberg at 305-936-2489 / 800-819-5466 or visit us on-line at A-Realtor.Com
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South Florida Real Estate Information
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Posted by South Florida Realtor at 02:46 PM
April 15, 2007
Marlin Bay Yacht Club - Marathon Key - Marlin Bay Homes - Florida Keys
Marlin Bay Yacht Club. New Construction Homes
Call Dean Isenberg toll free @ 1-800-819-5466 for more information.
Marlin Bay Yacht Club is located in Marathon Key in the Florida Keys, approximately 50 miles from Key West. The site plan for Marlin Bay Yacht Club calls for 85 single-family homes ranging in size from 1870 to 3672 square feet and 8 residential flats. All homes at Marlin Bay Yacht Club will be three stories with enclosed parking except the flats.
Architectural influences will include St. Augustine and the flavor of Dutch Caribbean. Strong balconies and wood elements will set this style apart from any other homes in the Florida Keys.
The residential units at Marlin Bay Yacht Club are designed to take advantage of extensive water and sunset views. Some of the homes will face a wide, landscaped community "green".
The centerpiece of the community is the 7600 square foot Yacht Club with spa facilities including sauna, steam room, message and fitness facilities. A lagoon-style pool, Jacuzzi, boardwalk and observation tower are also included.
Three yacht basins and a full service marina with an 8700 sq. ft. Dock master facility will serve residents and visitors. The marina has 115 boat slips to accommodate a wide variety of craft.
Marlin Bay is designed to provide a high level of luxury and convenience to residents and visitors in the casual ambiance of the Florida Keys. Undoubtedly Marlin Bay will set the new standard for luxury waterfront homes in the Florida Keys. Don’t miss your opportunity to own a piece of the Keys! Call Dean or Bonnie Isenberg toll free at 800-819-5466 for details on the Marlin Bay Yacth Club in Marathon Key.
For more information regarding the above web blog, please call Dean or Bonnie Isenberg at 305-936-2489 / 800-819-5466 or visit us on-line at A-Realtor.Com
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Posted by South Florida Realtor at 10:13 PM
The Venture At Aventura 800-819-5466
The Venture at Aventura 7 and 11 story residences have been designed by architectural firm Arquitectonica. Complete with recreational lap pools, Jacuzzi, private meditation lawn, residents at the Ventura condo will enjoy fitness center with the latest strength and cardiovascular equipment, theatre-style screening room, multi-purpose club room with billiards and wine storage room. The Venture condominium will offer one, two, and three bedroom models from 700 square feet to 1,500 square feet.
The Venture condo is located in Aventura Florida next to Loehman’s Plaza, Publix, Founders Park, Aventura Mall, and The Turnberry Golf Course. All are within walking distance. The Venture Condo at Loehmans Plaza is another fabulous pre-construction development offered in the heart of Aventura. The current phase of Loehmans Plaza will be completely reconstructed to create a urban style environment with an eleven story east building and a 7 story west building. This much anticipated community began construction in early 2004 and was complete in 2006. The Venture condominium will offer one, two, and three bedroom models from 700 square feet to 1,500 square feet. Prices will start in the mid $200's.
For more information regarding the above web blog, please call Dean or Bonnie Isenberg at 305-936-2489 / 800-819-5466 or visit us on-line at A-Realtor.Com
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Posted by South Florida Realtor at 10:12 PM
April 10, 2007
Gulfstream Village / The Village At Gulfstream Park 800-819-5466
Gulfstream Village.Com / The Village At Gulfstream Park
A huge development of condominiums, shops, restaurants and offices next to Gulfstream Park got the green light today.
Hallandale Beach commissioners voted 4-1 to approve plans for the Village at Gulfstream Park, a 60-acre development.
''We're going to move forward,'' said Commissioner Dorothy Ross. ``The result will be new housing, new jobs and a new Hallandale Beach.''
The Village at Gulfstream Park is slated to be built over 15 years, with developer Forest City Enterprises hoping to break ground by next June.
The first phase of the development will have about 70 shops and restaurants.
In all, the developer, Forest City, plans 1,500 condos, 750,000 square feet of retail space, 140,000 square feet of office space, a 500-room hotel and 2,500 movie seats.
The racetrack will soon begin operating Vegas-style slot machines, thanks to a referendum that passed in 2005.
Commissioner Bill Julian voted against the project, citing concerns about the city's water and sewer infrastructure and traffic.
A city-commissioned traffic study to help determine how many cars city roads can handle won't be ready until February, and he said he couldn't vote for the project without that.
''In my opinion, it is irresponsible of me to approve a major development until this traffic study is completed,'' Julian said.
Monday's vote on five items related to the project, including zoning changes, marked the culmination of months of negotiations between the city and developer to address how the development would impact the city.
''Staff worked thousands of hours to make sure concerns about the quality of life of our residents are met,'' said City Manager Mike Good.
Commissioners also approved a development agreement for the project to address local concerns like traffic improvements, affordable housing and financing.
The developer will build 225 units of affordable/workforce housing before the completion of the project; design and construct an on-site sewer lift station; and build a pedestrian bridge across Federal Highway.
Forest City will also contribute $2 million to Broward County schools, $3 million to establish a transit station in Hallandale Beach and $8 million of physical and traffic improvements.
''What we're doing together is something we're all going to be very proud of,'' said Will Voegele, Forest City's regional development director. A number of residents voiced support for the project.
''We really need this meeting place,'' said resident Susan Lewis, who is also a Realtor. ``We need to have a place to come and have dinner and not have to go to Hollywood or Aventura.''
Dan Adkins, vice president of nearby Mardi Gras Racetrack & Gaming Center, also asked the commission to approve the project. ''No one is more impacted by this development than I, and I am here to support it,'' he said.
Developer Micky Biss, who owns property near the site, made his objections known in a 30-minute speech, saying the project violates city code and state statuteS, and then protested during each of the five public hearings on the development. ''It seems you have made a mockery of this,'' said Biss, who is currently in litigation with Hallandale Beach over unrelated matters. ``It seems you first wanted to make the decision and then do the deliberation.''
For more information regarding the above web blog, please call Dean or Bonnie Isenberg at 305-936-2489 / 800-819-5466 or visit us on-line at A-Realtor.Com
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Posted by South Florida Realtor at 10:41 AM