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Tag Archives: Downtown Miami

The future of pre-constructions in Miami

The future of pre-constructions in Miami

Last year, we saw the drop of condo sales in almost all neighborhood except in the Downtown and South Beach area. In Brickell, the sales has dropped by an average of 5% while in Edgewater, it dropped by an average of 9%. This trend has been caused by the high inventory of luxury condos available for sale. In fact, there is currently a four years supply of luxury condos in the market.

This high inventory also contributes to a growing concern to real estate developers. There is a difficulty of selling new pre-construction units. Developers are postponing their projects in hope for a better market. Read the rest of this entry »

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Posted by on April 13, 2018 in News

 

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Is this the best time to sell your condos ?

Is this the best time to sell your condos ?

This is the best time to sell your home. The Miami real estate market is showing healthy sign of growth this year in terms of sales and prices. This is in contrast with the past two years where the number of properties sold increased but their value price decreased (see South Beach Report).  According to the MLS, properties are selling rapidly this year and the sellers can now sell their property near the asking price. Read the rest of this entry »

 
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Posted by on March 30, 2018 in News

 

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Chinese buyers are coming for Miami’s real estate

Chinese buyers are coming for Miami’s real estate

Miami is well known for its attractive real estate market and the Chinese has taken note of this. As of last year, the Chinese makes up the third largest group of buyer in Miami and the second in the U.S.  There are several reasons why this is a growing trend. Read the rest of this entry »

 
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Posted by on January 19, 2018 in News

 

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4 things to know about Miami Design District

4 things to know about Miami Design District

Here is the list of all things you need to know about this famous district:

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Posted by on December 15, 2017 in News

 

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The Downtown Dream: Revitalizing Miami’s Jewel

The Downtown Dream: Revitalizing Miami’s Jewel

Flagler Street has always been the Downtown’s crowning jewel. Unfortunately, this fraying main street requires a little boost.  A lot of people seem happy to jump into this project. The local government is pumping $13 million to revamp the street. Their goal is to make the sidewalks more pedestrian-friendly by installing lighting and blacktop and planting shade trees.

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Posted by on October 27, 2017 in News

 

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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 »

 
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Posted by on August 10, 2017 in News

 

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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 »

 
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Posted by on February 2, 2012 in News

 

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Downtown Miami condo business booming

 
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Posted by on January 31, 2012 in News

 

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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 »

 
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Posted by on January 13, 2012 in News

 

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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.

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Posted by on January 6, 2012 in News

 

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