New Construction
Monaco Yacht Club & Residences has announced that Belinda Andretti has joined their sales team.
Single-family housing starts were up 4.2% from April and 49.8% from May 2020, at 1,098,000, according to the U.S. Census Bureau and Department of Housing and Urban Development.
Soleste Grand Central has launched leasing sales and is scheduled to complete development by the end of 2021.
With high costs slowing construction and potentially lowering homeownership for many, easing zoning rules may be the most effective way to increase the supply of new housing.
Condominium sales have launched for the 360 residences at the Waldorf Astoria Hotel & Residences Miami which will rise 100 stories with the shape of nine spiraling offset glass cubes. The estimated development cost for the project is $970 million with a completion date of 2025.
Builder confidence was steady in May, carrying over April’s reading of 83 for another month, according to the most recent National Association of Home Builders/Wells Fargo Housing Market Index.
The combined sales total over $82 million.
Low mortgage rates and low inventory levels are making the demand for homebuilding more attractive to buyers in Miami and nationwide.
Condo developer seeing new buyers from California, New York and south Florida.
Landsea Homes Corporation, a residential homebuilder based in Newport Beach, California, has entered into an agreement to acquire Vintage Estate Homes, a Florida-based homebuilder, for $54.6 million. Vintage Estate Homes employees are expected to transition and become part of
The property provides views of the Hillsboro Inlet Lighthouse and is accessible to popular points like the Pompano Pier.
The DHS announcement comes in response to businesses reporting an immediate need for supplemental, temporary guest workers for this fiscal year.
The property will be comprised of two slender towers rising 300 feet.
High-end condo sales are up in Miami and driven mostly by U.S. buyers
Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development
The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.