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Tag Archives: South Beach

Fashion brands and condominiums: The perfect marriage

Fashion brands and condominiums: The perfect marriage

Millennials love fashion brand and the fashion brands are aware of this. This is probably why they are taking one step further by building condominiums associated to the brand. The trend can be widely seen especially in Miami where the Miami lifestyle is enviable to most people.

Condominiums associated with high fashion brands enjoy huge publicity and their clientele are established. In fact, they throw lavish party on the announcement of their project and even when they break ground. In this article, we will see a list of this high profile fashion brand condominiums that are taking Miami by storm:
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Posted by on May 11, 2018 in News

 

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Which area should you invest in Miami?

Which area should you invest in Miami?

The simple answer is: South Beach. South Beach is a popular destination that attracts local and international buyers. The white beaches and pristine waters are a favorite among those who has been here. The popular condos in this area are: The Apogee, The Continuum South, The Continuum North, The Murano Portofino, The Portofino Tower, The Murano Grande and The Icon South Beach.

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Posted by on April 27, 2018 in News

 

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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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Miami Luxury Real Estate Report

Miami Luxury Real Estate Report

Miami is synonymous with luxury. Over the past few years, we have seen the boom in luxurious condo constructions such as the Armani ResidencesThe Ritz-Carlton Sunny Isles, and The Aston Martin Residences. Let’s have a look at some numbers to feel the current market trend.

The trends we can see are that the condos take longer to sell and the sales volume have dropped. It took 54 days longer for a condo to be sold in 2017 than in 2016 in the South of Fifth neighborhood. The days needed to sell a unit in other neighborhoods such as Brickell and Fisher Island have also increased by more than 30%.  Read the rest of this entry »

 
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Posted by on March 20, 2018 in News

 

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3 things you need to know about Miami Real Estate – March 2018

3 things you need to know about Miami Real Estate – March 2018

Here are some quick news about Miami Real Estate

  1. Renting Prices has soared up

Miami is a growing city with many urban development. Renting price has been soaring up and according to the National Low Income Housing Coalition’s annual report, a minimum wage worker needs to work at least 94.5 hours per week to pay their monthly one bedroom rent.

The affordable housing inventory has been depleted and out of 100 units available, only 26 are rent-friendly for the low wages.

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Posted by on March 19, 2018 in News

 

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The power of foreign buyers in South Florida

The power of foreign buyers in South Florida

Here is a fun fact: 80% of properties above $1,00,000 in Miami is owned by a non-US citizen. This is a stark contrast from other prime areas such as New York where 63% of them are owned by Americans. Back in to 2017, the foreign buyers has invested almost $7.5 billion on properties all across the United States. Read the rest of this entry »

 
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Posted by on February 9, 2018 in News

 

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Top 3 most expensive condos in South Beach

Top 3 most expensive condos in South Beach

Do you have millions of extra cash that you are willing to invest? Well, Miami is the best place to do so. We are going to go over the top and highlight the Top 3 most expensive condos in South Beach as of February 2018. Here are the condos that made our list: Read the rest of this entry »

 
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Posted by on February 2, 2018 in News

 

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Is it the slowdown of the United States real estate?

Is it the slowdown of the United States real estate?

We have a bad news: this might be true. The sales in 2017 real estate market in Miami has been somewhat slow and low. Interest rates are climbing up and the dollar is weakening. Hugh Kelly, an economist stated that there might be a possible recession looming over the US real market.

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Posted by on January 26, 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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