South Florida residential inventory

Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing. — Christopher Cameron

Miami home prices rise 4.4 percent, according to S&P/Case-Shiller report

Home prices rose 4.4 percent in the Miami metropolitan area in the second quarter compared to the same period in 2011, according to a new report from Standard & Poor’s Case-Shiller. That was the third-highest price increase of any metro area in the country in the second quarter. Phoenix led the country with a 13.9-percent increase. Nationally, home prices rose 1.2 percent. “Home prices gained in the second quarter,” said David Blitzer, chairman of the Index Committee at S&P Dow Jones Indices. “We seem to be witnessing exactly what we needed for a sustained recovery: monthly increases coupled with improving annual rates of change.” — Alexander Britell

Bellini Williams Island planea completar el concreto para Noviembre

El proyecto "Bellini Williams Island" en Aventura planea llegar a su piso más alto de su construcción en Noviembre, como lo anunció se desarrollador Martin Margulies. Bellini, que recientemente dio a conocer su equipo de ventas de Elite International Realty y Only Best Properties, y ha adelantado la fecha de entrega para Mayo de 2013. El proyecto de 24 pisos y 70 unidades recientemente completó su 14ª planta. - Alexander Britell . Para mayor info contactarse con aaguirre@remax-total.com