Currently, the number of cash buyers in the residential real estate market has increased. Indeed, fewer people are willing to buy a property due to high-interest mortgage rates. The rise of mortgage rates has slowed down the market and decreased the competition. It has been more than twenty years since the interest rate was too high. This new trend has impacted the real estate market.
Read the rest of this entry »
Like this:
Like Loading...
Tags: buying by cash, buying condo, buying real esate, cash deal, Florida, Miami, Miami condos, Miami Real Estate, real estate, real estate blog, real estate market, real estate trends, South Beach real estate
On November 8th, Miami Beach’s residents rejected the measure that would have given the ability to transform the Deauville site into a larger project. Unfortunately this vote didn’t prevent the developer from tearing down the building. On November 11th, the last occupants left the building.
Read the rest of this entry »Like this:
Like Loading...
Tags: Florida, Miami, miami beach real estate, Miami building, Miami Deauville Resort, Miami property, Miami Real Estate, Miami real estate news, Miami real estate project, real estate, real estate market
The current state of America’s housing market raises many questions. The population and investors are concerned about the real estate market. In recent months, the housing market in the US has evolved. At the beginning of the year, conditions were more favorable for buyers then now. Recently, the situation has changed. After analysis, we deducted 3 main points about the housing market in the US.
Read the rest of this entry »Like this:
Like Loading...
Tags: Buying in Miami, Florida, Housing Market, Housing Market in the US, Miami, Miami Real Estate, real estate trends, Rental in Miami, South Beach
When it comes to buying a property, we all have various motives, but one we would all agree on would be: to avoid losing money by any means!
Eventually, you can reduce the risks of buying the wrong property, following the advice of your realtor, or real estate professionals in the designated area.
Read the rest of this entry »Like this:
Like Loading...
Tags: Florida, Miami, Miami condos, Miami Real Estate, real estate, real estate blog, real estate market, South Beach real estate
It’s not the first time we mention how climate weather is affecting Miami’s landscape. In our article “Miami’s great initiatives to combat climate change” we explained how Miami’s local government is developing new ways to reduce the long-term risk of flooding and stabilize the region’s economy. This time I wanted to explore a little deeper one innovative development that is reducing the flooding risk and is creating a cool trend at the same time!
Read the rest of this entry »
Like this:
Like Loading...
Tags: Miami, miami developments, miami initiatives, Miami Real Estate, miami real estate trend, miami trends, miami under water, properties, real estate, real estate blog, real estate market, real estate news, real estate trends, real estate usa
We’ve been writing about how the Tax Cut and Jobs acted signed by Trump in 2017, has made Miami an investment paradise for Tax Refugees (wealthy buyers investing in South Florida looking for a tax break). New York has been one of the best examples of high tax immigration to the sunshine state. As a consequence, Florida is now the 3rd most populous state in the country.
However, this is not the only reason why people are moving to Miami and why the population has almost doubled since 1990. It seems logical for hard-working New Yorkers to think about their retirement and do the math of how long would their money last with the incredibly expensive lifestyle of the Empire State city compared to Miami.
Read the rest of this entry »
Like this:
Like Loading...
Tags: buy condos in miami, buy miami condos, choose miami, choose miami over new york, Florida, Miami, miami or new york, Miami Real Estate, miami the best place to live, Miami vs new york, New York, New yorkers moving to miami, purchase a condo, purchase a property, real estate, real estate blog, real estate market, real estate news, real estate tips, real estate trends, tax refugees, why to move to miami
Foreign buyers have been the #1 buyers of South Florida real estate for more than a decade. However, for the past few years, there was a tremendous decrease in Latin American buyer’s activity due to inflation and unstable local governments. However, according to the Profile of International Home Buyers Report of 2018, there was a rose of 23% of foreign purchase activity in 2018 compared to 2017. Out of those foreign buyers, Brazilians are in the top of the list.
Read the rest of this entry »
Like this:
Like Loading...
Tags: Florida, foreign buyers, foreign buyers 2018, foreign investment Miami, international community in miami, internet real estate, Miami, Miami condos, Miami Dade, miami homes, Miami international buyers, Miami Real Estate, real estate, real estate blog, real estate news, residential market miami, south florida real estate market, us news, us real estate, World news
For the past 10 years, Miami has been facing a speedy cultural development that hasn’t been fully followed by the rest of the World. That is why people improperly think that Miami is not a “serious business city” where you can actually go other than on vacation.
Miami is not only a “cool” vacationing location anymore. A strong cultural identity has been created and “developed” in the last decade. As a citizen of Miami, I have to say that I’ve noticed the whole path that Miamians have been following for the past decade. When I imagine what is Miami now, I have a large list of characteristics that top my head. Art, sports, entertainment, business, food, transportation, and those are just a few to mention. Nonetheless, that is not everyone’s opinion.
Read the rest of this entry »
Like this:
Like Loading...
Tags: Florida, metromover, Miami, miami beach, miami beach news, miami blog, Miami Dade, miami design district, miami developments, Miami Downtown, miami evolution, miami history, miami international airport, miami news, Miami Real Estate, Miami Real Estate Blog, Miami Science Museum, Miami tourism, pamm, real estate, real estate news, World news
Little have we discussed about to the current Miami condo’s oversupply. There are new constructions in every corner, that have pushed developers to find new ways of differentiating and stepping above their competitors. This new strategy is modifying Miami’s skyline.
Local developers are now outsourcing the exterior design to famous international architects. Buyers have so many options nowadays, that every detail counts when trying to be more appealing to luxury-seekers. From the parking garages and storages till the outer design of the tower, everything counts!
Read the rest of this entry »
Like this:
Like Loading...
Tags: Brickell, Brickell condo SLS Brickell, Coconut Grove Miami, Downtown Miami, eighty-seven park, Grove at the grand bay, Jade Signature, Jade signature sunny isles, Miami, miami beach, Miami Beach condo, Miami Beach condos, miami beach real estate, miami condo market, Miami condos, Miami Dade, miami luxury real estate, miami news, miami preconstruction, Miami Real Estate, muse residences condo, one thousand museum, SLS lux Brickell, sunny isles
It is not a surprise that the Florida’s real estate market isn’t in its best shape today. The market has been facing different barriers that haven’t allowed it to grow as the some years before. In this week’s article I will explain some of the biggest problems that the industry is trying to bear.
1. Climate Change
We have all heard rumors saying that Miami is going to flood under water in a few years. Unfortunately, we have to say, somehow it is not false.
Read the rest of this entry »
Like this:
Like Loading...
Tags: condo, condo living, condominium, Dade county, Florida, Miami, Miami condos, Miami Dade, Miami Real Estate, properties, real estate, real estate blog, real estate challenges, real estate market, real estate news, real estate sales, real estate tips, real estate trends, South Beach, tips, trump