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Tag Archives: Miami real estate market

Is there a bubble in Canada’s real estate market? The boom or the bust?

In 2008, the housing crisis in the United States left many people in a state of panic. The housing market collapsed and prices dropped. It took 5 years for the market to recover (for example, a unit in Murano Grande was sold for only $1.85 million in 2012  whereas last year it was sold for $2.55 million, a 37% increase). Now, United States’ neighboring country might face the same situation.
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Posted by on August 24, 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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One Billion of Sales for Miami residential market

Auberge, condominium, miami, downtown, real estate, buy, purchase

Auberge

Even though prices keep on increasing in Miami, cash is still number one. Almost $1 billion of sales has been registered in March 2016 for residential units of single-family homes in Miami Dade. The median price went up by 7.7% as compared to the price for condominiums that dropped by 2.6%. Despite 5 years of record sales, Miami keeps on registering sales in the range of high price points.

Knowing that 50% of all transactions in Miami-Dade County are cash, it shows that home buyers are still very much invested in Miami real estate market. Read the rest of this entry »

 
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Posted by on May 2, 2016 in News

 

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Miami real estate, not any close to quitting

Eighty Seven Park miami real estate pool deck

Eighty Seven Park pool deck

When you thought New York had it all, please consider that Miami at least has the weather and the standard of living that goes along with it. Developers have well understood such asset and work harder everyday towards creating the most beautiful and comfortable pads you could wish for. Who said slowdown?

Here are our favorite picks for you to invest in Magic City!

Renzo Piano is designing Eighty Seven Park, a 70-unit beachfront condo at 8701 Collins Ave. in North Beach. Apartments will measure roughly 1,400 to 7,000 sqft. American oak, Italian stone and glass walls are just some touches included in the pads’ interiors. But every condo will come with wraparound terraces from 15 to 25 ft wide that look out to panoramic vistas. You could also count a salon, a spa, a library and an enoteca for wine and food among lush green features: the lobby will hosts a leafy orangery and a permanent botanical exhibit with orchids and cacti. Read the rest of this entry »

 
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Posted by on February 18, 2016 in News

 

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Housing bubble in Miami?

CaptureThese days I often experience the frustration behind clients that have been trying to buy a house or a condo for months. The worse is that they have it all; they are ready to buy, they have the cash, they are not picky but it seems these characteristics are not enough any longer. Indeed with so many potential buyers and a limited inventory you basically have to be hunting for a condo! I witnessed buyers that had to buy a condo without even visiting it. Timing is of the essence seems the perfect sentence in this Miami real estate market!  Nowadays it is definitely a sellers’ market. Read the rest of this entry »

 
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Posted by on May 28, 2013 in News

 

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Miami, best real estate growth in the world !

Miami-Florida-arial-viewThe report by the Prime Global Cities Index about the luxury residential market has just been released. And as usual there is some pretty good data in here so let me give you a summary of what’s interesting. Read the rest of this entry »

 
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Posted by on May 20, 2013 in News

 

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Sellers needed !

Lately we have been pleased to see that prices in the real estate market have been increasing. The market in Miami area in particular is doing great. But if prices are going up that way it’s also because they have been boosted by an inventory which is getting tighter and tighter. Read the rest of this entry »

 
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Posted by on October 19, 2012 in News

 

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