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A proposed state law could lead to increased demolitions in coastal cities

A proposed state law could lead to increased demolitions in coastal cities

A new proposed state law could potentially lead to increased demolitions in coastal cities, which is seen as a troubling development. The law would limit the local government’s control over building regulations, and it would allow private developers to demolish buildings. Critics argue that this could lead to excessive development and demolitions, particularly in environmentally sensitive areas. Coastal cities, which are already facing challenges due to rising sea levels, are likely to be the most affected by the proposed law. Miami Beach would not be protected and all the Art Deco buildings may be impacted.

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Posted by on May 15, 2023 in News

 

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Tom Brady and Gisele Bündchen’s South Florida real estate portfolio

Tom Brady and Gisele Bündchen’s South Florida real estate portfolio

Tom Brady and Gisele Bündchen are undoubtedly one of the most influential and successful celebrity couples in the world. In addition to their impressive careers, the couple has also built an impressive real estate portfolio that spans across several states, including South Florida.

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Posted by on March 20, 2023 in News

 

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Florida, The Best State to Retire in 2023

Florida, The Best State to Retire in 2023

Choosing the right state for retirement can significantly impact the overall quality of life and on your income. In this article, the top states for retirement are ranked based on criteria such as taxes, cost of living, and climate.

The seven states with the most favorable tax policies for retirees, including no state income tax, no tax on retirement income, and discounts on other taxes, are Florida, Alaska, Georgia, Mississippi, Nevada, South Dakota, and Wyoming.

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Posted by on February 15, 2023 in News

 

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The rise of Home Cash Buyers

The rise of Home Cash Buyers

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.

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Posted by on December 16, 2022 in News

 

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What future for the Miami Deauville Resort ?

What future for the Miami Deauville Resort ?

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.

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Posted by on December 6, 2022 in News

 

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3 current trends in the US real estate market

3 current trends in the US 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.

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Posted by on November 14, 2022 in News

 

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How to know when to buy a property?

How to know when to buy a property?

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.

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Posted by on March 8, 2022 in News

 

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Why are stilts houses the new trend in Miami?

Why are stilts houses the new trend in Miami?

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!

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Posted by on June 21, 2019 in News

 

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Why New Yorkers aren’t thinking twice before moving to Miami?

Why New Yorkers aren’t thinking twice before moving to Miami?

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.

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Posted by on May 9, 2019 in News

 

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Foreign investors are back in town!

Foreign investors are back in town!

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.

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Posted by on April 12, 2019 in News

 

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