RSS

Tag Archives: Downtown Miami condos

Timing is of the essence when buying real estate in Miami

Timing is of the essence when buying real estate in Miami

It is not a secret that the down peak of the Miami Real Estate’s cycle is here. But even if it sounds like bad news, it is not at all!

Miami real estate has been following a sequence since the early industry boom in the 2000. This means that if we have arrived at the bottom line, it will have a fast bounce soon.

The whole industry has followed the same pattern, but the ultra-luxury houses’ had shown the most drastic impact.

Read the rest of this entry »

Advertisements
 
Leave a comment

Posted by on November 9, 2018 in News

 

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Foreign buyers in Florida

Foreign buyers in Florida

According to Miami Association of Realtors, the foreign investment in South Florida climbed up to $7.1 billion dollars in 2017. That is a significant increase of approximately 15% compared to 2016 where the number was only $6.2 billion dollars. Unsurprisingly, most of the foreign buyers are coming from South America. In fact, the political and economic crisis in the area are pushing the wealthy to park their money into a safer environment.

Read the rest of this entry »

 
Leave a comment

Posted by on July 13, 2018 in News

 

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , ,

Condominium market in Florida

Condominium market in Florida

According to the MLS, the home sales year-over-year has fell in May for the Miami-Dade and Broward counties. This is probably due to the increase of median price in properties in these areas. Palm Beach, however, did make an exception with a slight plunge of price which means that their home sales actually increased. Surprisingly, the market which saw an increase of closed sales in April dipped this month.

Read the rest of this entry »

 
Leave a comment

Posted by on June 22, 2018 in News

 

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Inside Scoop: Downtown Miami Real Estate Market

Inside Scoop: Downtown Miami Real Estate Market

Downtown Miami has always been overshadowed by its more popular neighbors such as South Beach and Brickell. However, this neighborhood gem is actually one of the fastest growing city in Miami. What was once considered as a strict financial district is gaining huge population increase for families and young professionals. In fact, the population is at an all-time high with an estimated increase of 19% in the next 4 years. In response, the area could potentially have a higher demand for condo accommodation.

Read the rest of this entry »

 
Leave a comment

Posted by on June 1, 2018 in News

 

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , ,

6 THINGS YOU NEED TO KNOW ABOUT MIAMI REAL ESTATE 2017

6 THINGS YOU NEED TO KNOW ABOUT MIAMI REAL ESTATE 2017

It’s the third quarter of 2017 and Miami real estate continues to attract buyers from all over the world despite the slowdown last year. A strong dollar and weak foreign economies were the biggest factors for 2016’s sales decrease ( down 25% in the first six months). However, this year seems to be a new chapter. Investors and homeowners are slowly gaining confidence. Let’s take a look at some key-points to better the understand the evolution of the Miami real estate industry.    Read the rest of this entry »

 
Leave a comment

Posted by on August 10, 2017 in News

 

Tags: , , , , , , , , , , , ,

Midtown Miami: the new Soho!

4 MidtownSam Tawik, a well-known New York developer, just invested $12 million in the area of Midtown Miami. Indeed he bought 27 apartments in the fabulous condominium 4 Midtown (see picture). If he is investing such an amount there, he must be pretty sure that Midtown Miami will become soon the new Soho.

In the early 60’s artists bought lofts there for at most $50,000 and these properties are now worth $3 million. Tawik values the short term appreciation in Midtown and thinks that the prices of the area will follow the Soho trend. Tawik’s strategy is simple: he is buying units which have highest end user demand and which appreciate in value the quickest. No wonder why he can hope a 35% of return on his investment within 3 years! Read the rest of this entry »

 
Leave a comment

Posted by on January 8, 2013 in News

 

Tags: , , , , , , , , ,

Miami’s downtown inspirational future

On February 1st, the Adrienne Arsht Center for the Performing Arts has hosted a major event for downtown Miami’s future. The Town Square Neighborhood Development Corporation and Cesar Pelli who was already the Arsht Center’s architect did finally unveil their unsettled project for the area. Their idea is to develop a pedestrian-friendly and well equilibrated neighborhood by mixing educational, cultural, housing, recreational and commercial areas. Read the rest of this entry »

 
Leave a comment

Posted by on February 2, 2012 in News

 

Tags: , , , , , , ,

 
%d bloggers like this: