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Macken Realty Welcomes Five New Agents

Macken Realty recently announced Stephanie Hirchenson, Kim Coleman, Luidmila (Lucy) Arnova, Jim Ross and Andres Ospina as Realtor-Associates. The luxury real estate firm celebrates more than 35 years of South Florida expertise, markets and sells distinctive residential and commercial

CoreLogic: Sunshine State Outpaces Nation

March represents another month of home price appreciation, according to CoreLogic. CoreLogic released its March Home Price Index (HPI) today, and the findings reflected a continued strengthening of prices nationwide. Including distressed sales, national home prices rose 5.9 percent in

Aria on the Bay Breaks Ground Summer 2015

Miami has become a beacon for the world’s luxury buyers, with hopeful homeowners coming from around the globe to immerse themselves in the city’s eclectic blend of cultures and lifestyles. There are several properties and towers that personify Miami

Miami New Construction is Booming in 2015

This year is shaping up to be a remarkable one for new construction in Miami. After several prominent years in the shadows, it seems that 2015 is shaping up to be Miami’s best year yet of new construction. According to the

Construction is Underway at Miami’s Biscayne Beach Condominium

East Edgewater’s newest luxury condominium, Biscayne Beach, is moving onward and upward. The 51-story, 399-unit waterfront tower, located along Biscayne Bay, is being developed by a joint venture between South Florida-based real estate development firm Eastview Development and GTIS

Miami Home Prices Continue Extravagant Gains in Case-Shiller

How are home prices looking, as the spring market gears up for action? Home prices in the Miami area continued their radical ascent in the latest Case-Shiller Home Price Indices from Standard & Poor’s. Per the Case-Shiller’s analysis, home prices in

Douglas Elliman Names Gus Rubio Chief Operating Officer of the Firm’s Florida Brokerage

Douglas Elliman recently announced the addition of Gus Rubio as chief operating officer of the firm’s Florida brokerage. With more than 20 years of experience in the real estate industry, Rubio brings a wealth of national and international knowledge specifically

Demand Pushes Inventory, Prices and Sales Up in March

A new report from MIAMI and the local MLS paint Miami as one of the nation’s most active markets. Miami continued showing its strength in March, as international and domestic buyers fueled another month of improving sales, prices and

Could Miami’s Market Be Finally Slowing Down?

After a storming couple years of sales, is Miami’s housing market showing signs of a slowdown? Miami may have garnered a well-deserved reputation for a lively, fast-moving real estate market, but there are signs that the market could be slowing down. According

One Sotheby’s Named Exclusive Sales and Marketing Representative for Gale Boutique Hotel & Residences

South Florida’s preeminent luxury real estate brokerage, ONE Sotheby’s International Realty, has been selected to exclusively represent sales and marketing for Gale Boutique Hotel & Residences Fort Lauderdale Beach, developed by Miami-based Newgard Development Group. ONE Sotheby’s International Realty

Are Miami Home Sellers Undervaluing Their Properties?

We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Miami homeowners undervalue their listings by 1.26 percent, at least compared to what certified appraisers judge as the value of the

Douglas Elliman: South Florida Market is Bouncing Back to Normal

Douglas Elliman’s 2015 Q1 report found a market rebounding from a slumping winter. Today, Douglas Elliman released its 2015 first quarter market overview, dissecting a number of South Florida’s premiere real estate markets, including Miami’s mainland, Miami Beach, Boca

CoreLogic: Miami Clears More Foreclosure Than Any 2 States

Foreclosure levels fall across the country, but remain well above pre-crisis levels. CoreLogic today released its February 2015 National Foreclsoure Report, and the findings were indicative of a trend we’ve been seeing since last year, which is decline. Since

It Takes Just 2 Years to Break Even on a Miami House – With Big Conditions

It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just 1.7 years to break-even on a mortgage in Miami, meaning the point at which the total

Home Price Growth Far Outpacing Wage Growth in Miami

Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Miami – where home

Significant Barriers Remain to Real Estate Development in Cuba

South Florida developers want at Cuba, but is there enough land to support their ambitions? The promise of stronger relations with Cuba has South Florida developers salivating, but a misunderstanding of the country’s government and economic traditions may have

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