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Fortune International Group buys waterfront Pompano Beach site for $28M

Fortune International Group buys waterfront Pompano Beach site for $28M

Fortune International Group is the latest developer to bet on the Pompano Beach market. The Miami-based development firm, led by Edgardo Defortuna, paid $27.5 million for the 4.6-acre site at 1380 South Ocean Boulevard, the company announced Wednesday. Fortune is planning to build two high-end condo towers on the oceanfront and Intracoastal-front site, but plans to […]

30-year mortgage rate hits record low

30-year mortgage rate hits record low

Average rate of America’s most popular home loan drops to 2.98% The average rate on a 30-year mortgage, America’s most popular home loan, has fallen below 3 percent. The 2.98 percent is the lowest Freddie Mac has seen in nearly 50 years of tracking. It’s the third consecutive week of decline and the seventh record-low […]

100 Las Olas Sky-High Luxury Condominiums To Open In 2020

100 Las Olas Sky-High Luxury Condominiums To Open In 2020

Four hundred and ninety-nine feet; 113 residences; 46 levels. These are just a few of 100 Las Olas’ impressive stats. The upscale residence is the first new construction project featuring a hotel component on Las Olas in more than 10 years. Since it broke ground in March 2017, development group Kolter Urban has brought the […]

Tips to prepare your budget before buying a new home

Tips to prepare your budget before buying a new home

It’s virtually impossible to know what size home you can afford if you aren’t fully aware of how much money you are earning and how much you are spending each month. Start with your income: How much do you bring home after taxes and retirement plan contributions? Next, look at your expenses: What are your […]

Home prices are rising more slowly amid the affordability crunch

Home prices are rising more slowly amid the affordability crunch

A new wave of inventory is putting a damper on rising U.S. home prices. Price gains slowed in the fourth quarter amid a market that has created affordability challenges, Bloomberg reported. The median price for an existing single-family home was $257,600, a 4 percent increase from a year earlier, according to the National Association of […]

First Luxury Condominium On Fort Lauderdale’s Middle River Launches New Penthouse Collection

First Luxury Condominium On Fort Lauderdale’s Middle River Launches New Penthouse Collection

Fort Lauderdale, as a whole, does not lack on options for luxury waterfront residencies, but one neighborhood in particular has finally launched itself into the luxe world of condominiums. Riva, and its new penthouse collection, is the first luxury condominium set alongside Fort Lauderdale’s Middle River. It boasts coastal-style designs and six penthouse residences that are […]


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