Items Tagged with 'Florida real estate'

ARTICLES

  • PulteGroup accused of hiding shoddy homebuilding from buyers

    Settles with Florida for allegedly building homes that were not to code
    PulteGroup and its subsidiary, Pulte Home Company, allegedly built homes in the state of Florida that were not to code and hid that information from homebuyers, according to the office of Florida Attorney General Pam Bondi. Bondi’s office said that it reached a settlement with the Pulte companies after a two-year investigation found that Pulte allegedly failed to disclose to certain Florida buyers that some of its homes were being built in violation of applicable building codes.
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  • Florida goes after 14 moving companies for allegedly holding people’s furniture hostage

    Movers allegedly promised low prices, then demanded more money once move began
    Florida Attorney General Pam Bondi announced last week that her office is taking legal action against more than a dozen moving companies for allegedly using deceptive marketing and sales of household moving services, while also holding people’s belongings “hostage for ransom.”
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  • Trammell Crow Residential returning to South Florida after years away

    First new multifamily development since last real estate cycle
    Trammell Crow Residential, a national multifamily real estate developer, is returning to the South Florida market with a new development after shying away from the market for many years. According to the company, the new development is the company’s first in the area since the housing crisis.
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  • Florida homebuilder Park Square Homes partners with FBC Mortgage to launch mortgage firm

    PSH Mortgage will offer mortgages to Park Square homebuyers
    For at least the third time in as many months, a homebuilder is partnering with a mortgage company to offer mortgage lending services to homebuyers. Florida’s Park Square Homes announced Monday that it is forming a joint venture with FBC Mortgage to provide mortgages to Park Square’s buyers.
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  • HUD Secretary Ben Carson takes listening tour to public housing in Jacksonville

    Visits public housing facility with living conditions once described as "deplorable"
    Department of Housing and Urban Development Secretary Ben Carson is making the next stop in his listening tour on Tuesday, visiting a public housing facility in Jacksonville, Florida that was recently the target of the state’s senators. Carson will visit Eureka Gardens, which is one of several federally subsidized housing developments in Florida that subject residents to “deplorable” living conditions, according to Sens. Bill Nelson, D-Fla., and Marco Rubio, R-Fla.
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  • Florida real estate agents targeted by elaborate fake Realtor group

    Complex scam threatens Florida Realtors with license suspension
    Florida Realtors, which boasts 165,000 members in 55 boards and associations, issued a warning to its members this week after Realtors in the state recently began receiving letters from the “Florida Board of Realtors” that claim the Realtors real estate license is in danger of suspension. The issue? The “Florida Board of Realtors” doesn’t exist.
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  • Lennar finalizes $643 million acquisition of WCI Communities

    Lennar pays all cash, citing upside for company’s stock
    Lennar is officially growing its business as the company announced Friday that it completed the acquisition of WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida. The companies first announced the deal back in September 2016, and after some financial due diligence, the deal is now complete.
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