Real Estate News

Condo Potential Downtown Grows to 26,000 - Miami Today October 2015

Written by Carla Vianna on October 28, 2015                     Miami’s potential condo pipeline grew by 738 units this past quarter compared to last, now promising to inflate the greater downtown market by 26,000 new units. Add to that another 10,000 or so units planned for the conventional rental market, of which about 4,900 are...

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How to Buy In... Miami - Mansion Global October 2015

It’s no secret that Miami has become a premier destination for residential property seekers from around the world. Despite the strength of the U.S. dollar and economic slowdowns in Latin America, Miami-Dade County remains a top market for international homebuyers, with the majority of foreign purchasers coming from Venezuela, Argentina, Brazil...

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$60 Million Sale of Miami Beach Penthouse Sets New Record - Fox News September 2015

A luxury penthouse in the heart of Miami Beach was bought for $60 million, substantially exceeding the old record price of a mansion sold in 2012 for $47 million in the South Florida tourist city, local media reported Thursday. The price for the penthouse, located in the new oceanfront Faena House...

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Colombia Tops All Global Consumers Searching South Florida Real Estate in July - Miami Assoc. of Realtors September 2015

Colombia Tops All Global Consumers Searching South Florida Real Estate in July CONTACT: Lynda Fernandez, 305-468-7040 or lynda@miamire.com Chris Umpierre, 305-468-7047 or chris@miamire.com MIAMI — Colombia leads all foreign countries searching online for South Florida real estate, according to new statistics from the MIAMI Association of REALTORS® (MIAMI), the nation’s...

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Experts Are Worried About Another Housing Crash in Miami - Business Insider August 2015

Real-estate experts are worried about another housing crash in South Florida. Speaking to The Washington Post's Jim Tankersley, South Florida housing guru Jack McCabe said that the region's housing market looks like it could be heading for another bubble. "We have short memories here in Florida," McCabe told The Washington Post. "And we’re back...

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Home Prices Up But Slowdown Looms for South Florida Real Estate - Miami Herald June 2015

After several years of overheated gains, South Florida real estate may be in for a slowdown. Prices have grown too high and the buyer pool is shrinking, say local brokers who are on the industry’s front lines. And it’s not just the usual summer doldrums. “There are too many properties out there...

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How Miami Became New York South - Gotham Magazine April 2015

New Yorkers have long had close ties to Miami—from investing in the 1920s land boom to the glory days of the 1950s and 1960s, when the city was a millionaire’s playground and Joe DiMaggio and Frank Sinatra, along with the rest of the Rat Pack, partied at the iconic Fontainebleau....

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Two Condos Fused to Solve a Space Crunch - WSJ February 2015

http://www.wsj.com/articles/two-condos-fused-to-solve-a-space-crunch-1424965792  Two Condos Fused to Solve a Space Crunch Combining two condos to make one large unit adds coveted square footage. But the combo-condo boosts property values as well.   Sometimes, the best next-door neighbor is … you. The low inventory of luxury condos has owners looking for alternative ways to solve their space crunch. Increasingly,...

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Art Basel Miami Beach's Not-to-Be-Missed Parties and Events - NY Times December 2014

No matter what it looks like on social media, Art Basel is all about the art. Well, at least the original one in Basel, Switzerland is. As for the Miami Beach edition, which takes place in the coming week (officially Thursday through Sunday, though festivities begin as early as Monday), it is still...

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Miami Is Brimming with Even More Young and Beautiful People - Curbed Miami 11.21.14

Here's something you probably sensed: Miami has many of the young, beautiful, and restless. Nearly 46 percent of its residents are between ages 25 and 44, compared to 29 percent nationwide.  ICYMI, the Miami Downtown Development Authority produced a report that profiled a seismic shift of sorts in the greater downtown area, from Brickell to Edgewater and Midtown. Seismic, indeed. Since 2000, Brickell had a 152 percent...

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