The cranes over Biscayne Bay auger well for South Florida’s real estate market, according to the Miami Downtown Development Authority.“Downtown Miami’s condo boom has been a catalyst for the entire region, putting it back on the map as a thriving real estate market,” Miami DDA Executive Director Aly...
Property values explode as high-rise condominium and luxury apartment projects are launched in Edgewater, Miami’s next hip and trendy district. The rapid boom-like transformation of the area comes as yet another sign of Miami’s real estate market recharged and on the rise. What once used to be a ne...
In July 2013 the New York City-based real estate development firm Property Market Group is scheduled to break ground on ECHO Aventura – the newest luxury condominium development in the city of Aventura. The project already has contracts out on 100 of the 190 units with prices ranging from nearly $50...
Miami luxury real estate buyers are setting price records on extravagant new penthouses and luxury condos boosting luxury real estate market in Miami and South Florida. The market responds with continuous price increase and shrinking inventory. The duplex penthouses at Ian Schrager’s Residences at...
South Florida luxury real estate increasingly looks to be in the early stages of a new growth cycle. With at least 138 new condominiums already proposed, construction has begun on a 20th luxury condo high-rise some six years after the market crashed in 2007. On May 14, 2013 developer Jorge Perez of...
Zaha Hadid and One Thousand Museum have just revealed new renderings of the future Aquatic Center and Sky Lounge on the 60th and 61st floors of the ultra-luxury condo tower, which construction is expected to begin in Downtown Miami in 2014.The One Thousand Museum building will be Hadid’s first skysc...
In Miami-Dade County real estate prices continue to rise. The average price per square foot of a single-family home was $185, an increase from $171 in May 2012. Condo prices have gone up from a year ago, but compared to six years, they’re still down. The average per square foot price in the county w...
Remaking Miami’s Watson Island is worth spending at least $1 billion, developer Jorge Pérez told the city.Pérez, who heads Related Group, told commissioners that he and his partners are already well on their way to investing 10 figures in Island Gardens, the three million-square-foot development Rel...
ONE THOUSAND MUSEUMNews came out last week regarding two luxury condo projects in Downtown Miami and South Beach. The developers of Zaha Hadid’s voluptuous One Thousand Museum condo tower won unanimous approval from Miami’s urban design review board. The tower, to be the Pritzker prize-winning arch...
South Florida is experiencing peak of a construction boom. Lots of new modern condominiums being built in Miami and the surrounding area find their buyers with enviable speed. Many apartments were sold once the construction projects were announced. Currently many of condos have already sold all avai...
In the downtown area of Miami, there are fourteen towers that can house more than four thousand residential units as per a report given by Crane Spotters concerning the condominium development in Miami. This progress is being closely tracked in Miami and the Southern Florida region. There is a propo...
Real estate developers from Latin America have been showing a great deal of interest in the revival of the housing market scene in Miami. One such developer from Argentina, Jose Luis Melo, is an example of not being deterred when the real estate market stumbled as a result of the housing crash in th...
Most of the real estate brokers are defining luxury homes in Miami wit prices of two million dollars and above. They are creating a new category of its own kind in the Miami real estate scene with its exclusive features and its audience which is in the shape of lured millionaires not only from the U...
Realtors from the U.S. real estate company Bogatov Realty visited the French Riviera to make a presentation of the new luxury projects of the rapidly growing market of new housing developments in Miami and New York City to the foreign investors. The international real estate exhibition in Cannes too...
After a series of holidays, the season for the real estate market can finally be considered open and the most important issue on the agenda is “what suburbs are at the peak of popularity in 2014?” In search of answers, we checked incredible amount of real estate sites, filtering those objects which...
According to the predictions, this year levels of activity at real estate markets will rise in most regions of the U.S.A. It doesn’t matter it is a residential or a commercial real estate, the cost will rise really fast.The results of the research by Zillow show that mortgage rates will be about 5 %...
The state of real estate markets all over the world is inhomogeneous this year, from the level of activity at the markets, to the number of investors and the availability of capital.Investors from Asia, the Middle East and other countries, such as Canada, Germany and some Latin American countries, p...
At present Miami market is being strengthened thanks to the high demand among native and foreign buyers, according to the Association of Realtors Miami. There is a lack of objects in the lower price tier, since building volumes cannot satisfy the demand.Supply in the 2nd quarter of the previous year...
Currently the state of housing market in the U.S.A. is unstable despite the sustained recovery. Although the cost of housing is growing, statistics show that prices may have reached a high and may begin to decline again.In 20 cities of the U.S.A. an increase in prices for housing by 12.4 % was obser...
Almost every newspaper or magazine wrote about a mortgage meltdown in the United States. However, all journalists have described this situation only from a negative point of view.Now that the crisis is almost over, we know that the clever person can earn money and find opportunities, even during cri...
