From telephones to televisions and computers to cars, you’d be hard-pressed to find an aspect of our lives that hasn’t been affected by the internet revolution. And for those hopping in to the world of real estate, you’ll see that this industry has been significantly influenced by the interconnectivity of the world wide web. Read the rest of this entry »
Tag Archives: Miami Real Estate Blog
Technology and the Future of Real Estate
Miami ranked nᵒ3 worldwide!
Since 2007, the Prime International Residential Index (PIRI) highlights the annual price changes in luxury real estate all around the world. By now, we all know that the market here is getting hotter… However, it is always comforting to get some numbers in front of us. In the 2011 the PIRI, which lists 71 locations worldwide, reports Miami as the third biggest increase in the values of luxury properties. Read the rest of this entry »
Big Apple to Oranges
The market has been mostly driven by international buyers over the last years. New York’s are historically the most active national buyers of Miami’s real estate market. However, they have been pretty less active during the downturn.The recent market improvement seems to have gotten back their attention. Even if New York buyers never totally disappeared from Miami’s market especially from South Beach area, it seems that today they do perceive it in another way. Read the rest of this entry »
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Artecity
This week, Condoideas Realty Group’ team has had the pleasure to discover a new condo located in the heart of South beach, in front of Collins Park. Artecity is what we can call an intimate upscale residential community. ST Residential has bought over the project and is injecting 10 million dollars to finish it.
Located in the pretty agitated South Beach area, Artecity is surprisingly a quiet and relaxing enclave. Read the rest of this entry »
My dear South Beach…
In a global economical downturn, South Beach looks the other way. Numerous hotels and resorts are continuing to be built or renovated. The hotel industry has always been a major factor of South Beach economical growth. Despite the uncertain worldwide economical situation, South beach is still the scene of some major investments. Read the rest of this entry »
Miami Science Museum relocation
In 2014, Miami’s Museum of Science will be relocated in the Museum Park, next to the Miami Art Museum, on Biscayne Boulevard, right next to the AA arena. The construction of the 250,000 sq complex designed by Grimshaw Architects will take around 27 months to be built and will start this February.
An insecure future for Resorts World Miami
After many months of uncertainty, the casino resorts legislation in Florida is still under discussion. Subsequently, Resorts World Miami, the Downtown Miami giant complex supposedly containing the world’s largest casino still has an unsettled future. Read the rest of this entry »
Miami-Dade county in the spotlight
A recent report highlights Miami-Dade’s strengths and weaknesses.
First of all, Dade County is one of the most affordable big metro areas to live in (see graph below). As you can notice Miami ranks 7th lowest among the 16 major US cities, far behind NYC, Los Angeles and even Fort Lauderdale! Read the rest of this entry »
Salute to Brickell
The average prices of Brickell condos have raised slowly but constantly during the last two years.
Three years ago, the real estate crisis and the inventory rise were two factors that participated in the decline of condos prices in Brickell. Read the rest of this entry »
A successful year for Miami Dade’s real estate market
2011 has been an amazing year for Miami Dade County real estate market. Compared to last year, number of units sold rose 46% for existing homes and 58% for condos. The number of units sold this year has even surpassed the real estate boom year’s sale of 2005. Read the rest of this entry »
