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Sales were up, prices were up and homes sold faster, so despite a dip in inventory, it was mostly a banner quarter for Miami, a report from the Miami Association of Realtors recently confirmed. Residential sales topped 7,800 this
Fort Lauderdale’s luxury market continues to expand as more international buyers and northeasterners turn their attention to this “Venice in America” in search of a better deal. Comparable waterfront cities in the U.S., such as Miami, Los Angeles and
Turnberry Associates recently announced that it has begun demolition on the new Turnberry Ocean Club. Located at 18501 Collins Avenue, the developers are currently preparing the site for construction. The 54-story modern glass tower is being designed by internationally
Mortgage markets have improved, but the inequities are still pronounced Black mortgage applicants in the Miami area are denied at a substantially higher rate than all applicants, according to new research from Zillow. In 2014, 30.3 percent of black mortgage applicants in Miami were
Every year, Forbes commissions Altos Research to examine median home price data for nearly 30,000 ZIP codes, which together account for 95 percent of the U.S. population. In this year’s top 50 most expensive ZIP codes, the Miami area
In September, foreclosure inventory continued its rapid decline, falling 24.3 percent since the same time last year, a new CoreLogic report found. As a testament to the market’s recovery – and a more total economic recovery – since the
Astor Companies held their groundbreaking event for the Merrick Manor Residences on Thursday, Nov. 5, at 301 Altara Avenue. The event saw Mayor Jim Cason and Commissioner Vince Lago, along with the Chamber of Commerce President Mark
Douglas Elliman recently announced the addition of Sonia Toth and Keith Marks to its team as the new directors of luxury real estate. They will be based out of the Miami Beach office. Toth and Marks are proven leaders in
Miami schools were heavily represented in Newsweek’s recently released report “America’s Top High Schools 2015,” with nine schools finding a place among the publication’s rankings. The schools were evaluated on a range of criteria, from graduation rate to the
In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15
Privé Developers has received the necessary permits to begin Privé at Island Estates, which will be located on an eight-acre island in Dumfoundling Bay between Sunny Isles Beach and Williams Island. Privé at Island Estates was recently ranked No. 1
As 2015 draws to a close, how has residential construction activity in Miami compared with the previous year? Residential construction spending in Miami totaled $312 million in September, according to new Dodge Data & Analytics numbers. Although that is down a remarkable
Miami was the third most-searched U.S. city for international buyers, according to realtor.com International. The countries that most frequently searched for Miami were Germany, Brazil, Mexico, France, Italy, the Netherlands, Spain, the Russian Federation, Sweden, Turkey, the United Arab
Though we’ve moved past the golden years of flipping that followed the housing market’s collapse in 2007, as the market returns to a stable posture – consistent price increases included – the practice of flipping is regaining some of its
For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according
The CMC Group has hired the renowned Italian designer Massimo Iosa Ghini to decorate the interior of the Brickell Flatirons. Iosa Ghini founded Iosa Ghini Associati and the Bolidismo Group in 1985. Iosa Ghini has done designs for commercial, residential, public and
