By Natalie Terchek
It’s been a busy year for Miami real estate, with home sales, median home price and housing inventory trending in remarkable directions – and the whole time, Miami Agent was there, covering the area’s top news in new construction, real estate data and the challenges and opportunities ahead for the housing market.
With that being said, here are the some of the top stories from 2012:
10. Foreign Developer Unveils Extraordinary, $3.1 Billion Resort
Malaysian developer Genting Group unveiled its master plan for Resorts World Miami, a massive, city-within-a-city development with a projected cost of $3.1 billion. Read the full story here.
9. Newgard Development Group Sales Gallery Grand Opening
Newgard Development Group, the developer of Miami’s BrickellHouse condominium, celebrated the official grand opening of its new state-of-the-art sales gallery on Brickell Avenue in Downtown Miami – the area’s first standalone sales center to rise since the city’s 2008 real estate boom. Read the full story here.
8. Regalia, Sunny Isles Beach
Regalia, a 43-story luxury condominium designed by architect Bernardo Fort-Brescia, is perched on the shores of the Atlantic Ocean at 19505 Collins Ave. where Golden Beach meets Sunny Isles Beach. Read the full story here.
7. Jerry Kaufman
A profile on the CEO and Chairman of the Kaufman Organization. Read the full story here.
6. Scientific Curiosity Fuels New Consumer Research Firm
A new research institute conducted studies on how distressed consumers make their choices. Read the full story here.
5. John Yanopoulos
A profile about the CEO of the DYL Group. Read the full story here.
4. Challenges and Opportunities for Housing
The Bipartisan Policy Center made a splash with an overview of the challenges and opportunities for the housing industry in the decades ahead. Read the full story here.
3. Neighborhood LIFT Program is Set to Rejuvenate Florida Housing Market
The Neighborhood LIFT program, a major effort to help stabilize neighborhoods profoundly affected by the foreclosure crisis, came to Florida this year. Read the full story here.
2. New ISG Report Highlights Spectacular Miami Housing Demand
A new report out from ISG highlights just how high demand has been for properties throughout Miami – and just how low inventory has fallen, as a result. Read the full story here.
1. 650 West Palm Beach Condos Remain Vacant
Unsold condos from the last South Florida real estate boom in the downtown West Palm Beach and Palm Beach Island markets would take more than five years to sell out at the current sales pace. Read the full story here.