Bernie and Ruth Madoff’s former Palm Beach Home, located at 410 N. Lake Way in Palm Beach, was purchased on Friday, October 15, 2010 for $5,650,000, as recorded in the MLS and, as reported by Joseph Guccione, U.S. Marshal for the South District of New York. Per Supervisory Deputy U.S. Marshal, “This Sale marks the… Read More
South Florida Condo Inventory and Sales
Buyers who contact me about their interest in Ft. Lauderdale area Condos often inquire about the high inventory of new Condos in South Florida that they heard about. Well, Inventory varies drastically in different Cities and, in the words of D.J. Sander Kleinenberg, “This is not Miami.” Ft. Lauderdale has only 3 Condos with new Inventory… Read More
It’s Raining Cash! Cash Buyers of South Florida Real Estate
South Florida is currently experiencing a significant number of Cash Buyers in the Real Estate Market Most of my recent sales have been Cash transactions and the majority of Buyers who contact me regarding their Home search state that their purchases will be Cash. Additionally, the Brokerage where I’m employed, EWM Realtors, reported that over… Read More