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Fort Lauderdale, like most of Florida
is a thriving market, with prices on the rise. The attractive
job markets and attractiveness of Florida make it a hotspot for new
residents. It’s estimated that 1000 people move to Florida each
day. This can only serve to increase the need for new housing,
as well as making resale prices on homes jump. The US Census speculates
that Florida population will be the third highest in the country by
2011. |
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The Florida real estate market
is on an upward swing, and the Miami area market is certainly no exception.
With strong economic growth, jobs, and schools, it’s a prime growing
location. City life, with great beach access, make it attractive
to both newcomers to the area. The city itself is also steaming
with culture, and more is coming. Miami is home to the Performing
Arts Center and the Design Art District. Of course, it’s also
home to the Miami Heat. Miami is a favorite of both tourists and
retirees as well, only adding to the growth potential of both real estate
and the employment markets. |
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Onex Corporation, a Toronto holding company led by Gerald Schwartz,
plans to pay $1.5 billion to purchase Town and Country Trust, a United
States based trust that operates 39 apartment complexes.
Onex plans to pay cash in the joint venture trust between their affiliates and Morgan Stanley Real Estate. |
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While German aid worker Susanne Osthoff was preparing to leave Iraqi
after a long abduction ordeal, a militant group broadcast on Monday,
December 19, a videotape showing the execution of a man it said was an
American contractor held hostage in Iraq.
"Osthoff wishes to
spend several days with her daughter but she has indicated that she
will leave Iraq in the near future," German Foreign Ministry spokesman
Martin Jaeger told a press conference, reported Agence France-Presse
(AFP). |
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The decision by the wife of British Prime Minister Tony Blair, lawyer Cherie
Blair, to defend the property rights of British citizen David Charles Orams and
his wife Linda Elizabeth Orams has enraged Greek Cypriots.
The
Greek Cypriot administration Foreign Ministry staged a protest against
Britain. |
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Austin, Texas based Keller William Realty, the fifth-largest residential real
estate firm in the nation per REAL Trends magazine, is opening its first
Cincinnati franchise this week. It is the first large firm to enter the
Cincinnati market since Huff Realty expanded in 1996.
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Search engine giant, Google Inc., which has 4,138 employees, and was founded
only seven years ago by two Stanford University students Larry Page and Sergey
Brin, briefly surpassed International Business Machines Corp. (IBM). This
increase in market value on yesterday was a result of the deal expected to
solidify between Google and America Online Inc. |
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NATO Secretary General Jaap de Hoop Scheffer has voiced support for Turkey's
Cyprus policy.
Scheffer came together with Turkish Foreign Minister Abdullah
Gul on Monday in Ankara. |
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The prepaid phone card machines at Miami International Airport are most
likely there to stay, despite those that oppose their placement at the
airport.
The county Regional Transportation Committee approved a
plan on Thursday to keep the current three vendors at the airport for
three more years. Katy Sorensen, Commissioner of the Committee urged
her colleagues to cut the vending machines and sell the phone cards in
stores instead, but her motion was denied. |
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