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Tarek Kirschen, Realtor's Blog – April 2011 Archive (5)

Tarek Kirschen ATTENDED 2010 Miami International Real Estate Congress

Miami, Florida April 26, 2011 – Tarek Kirschen, CEO of GLOZAL,  based in Miami Florida was among more than 300 Realtors® who traveled from around the United States and the world to learn about the latest international trends, how to market their properties, establish  international business relationships, and continue their professional development at the 16th Annual International Real Estate Congress in Miami, Florida on November 1-2, 2010.

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Added by Tarek Kirschen, Realtor on April 26, 2011 at 9:47am — No Comments

Forget Brazil, Venezuelans rule Miami's residential real estate market

Epic in downtown Miami

In a South Florida residential real estate market dominated by foreign investors, Brazilian buyers have been getting the attention -- freely spending on high-end condominium units in downtown Miami and South Beach.



But the data show otherwise. According to the Miami Association of Realtors, buyers from Venezuela make up a greater share…

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Added by Tarek Kirschen, Realtor on April 25, 2011 at 9:36am — No Comments

The Stunning Hypocrisy In Foreclosures: Scott Pelley Interviews Robo-Signers

In an eye-opening piece by 60 Minutes this week, Scott Pelley managed to actually interview robo-signers who had forged documents that allowed banks to foreclose on thousands of homes illegally. As we have discussed over the past few years, these document mills re-created the necessary documents that banks were too lazy to keep track of in the heyday of the housing bubble.



Signing 4000 documents a day for $10/hour…

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Added by Tarek Kirschen, Realtor on April 12, 2011 at 1:30pm — No Comments

Palm Beach housing market surged in 2010, and the pace continues

PALM BEACH — Behind the towering ficus walls, amid the well-heeled denizens of Palm Beach, real estate quietly rebounded last year after a dismal 2009 as it became OK again to spend it if you've got it.



Single-family home purchases increased nearly 40 percent on the affluent island to 121, from just 87 the previous year. Condominium sales grew 35 percent to 267 in 2010.



Average prices on single-family homes also saw a boost, growing to $4.3 million from $3.8 million in 2009.… Continue

Added by Tarek Kirschen, Realtor on April 11, 2011 at 7:30pm — No Comments

It Pays to Own a Multi-Family Home

House prices are still tanking in many parts of the country, mortgage rates are inching up, and job growth is subpar. So what are some homebuyers doing? They're buying even more home—as in two-, three- and four-family homes—and playing a risky, but potentially lucrative, game of real estate investor and live-in landlord at the same time.



While the National Association of Realtors doesn't have a detailed breakdown…

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Added by Tarek Kirschen, Realtor on April 7, 2011 at 1:35pm — No Comments

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