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CoreLogic: Miami Equity Remains Among the Nation’s Lowest

Homeowners are benefiting from rising home prices that improve equity, but that doesn’t mean negative equity still isn’t a problem. Equity continued building in the fourth quarter of 2014, CoreLogic’s newest report concluded, showing that by year’s end, 1.2

Christopher Zoller Elected MIAMI’s 2015 Residential President

Christopher Zoller, a longtime Miami Realtor, has been elected as the 2015 Residential President of the MIAMI Association of REALTORS, the nations largest local Realtor association. The Residential Board of the MIAMI Association of REALTORS is dedicated to leadership in

Astor Companies’ Nordica Selling Out Fast

The Astor Companies’ modern-inspired boutique condominium, Nordica, is closing out. Located in the historic Roads neighborhood, only eight developer units (one and two bedroom models) remain in the residential condominium starting in the upper $300’s. The 18-story building comprising

Why Housing Affordability is More Complicated Than You Think

You may think you understand housing affordability, but chances are you’re relying on limited measurements. How affordable is Miami’s housing market? The answer to that question is more complicated than meets the eye, and it suggests some very interesting things

When is the Best Time to List Properties in Miami? How About Now

The optimal time for listing properties in Miami is closer than you think. You should probably get on it and list your clients’ properties if you haven’t done it already. That’s the takeaway from a new report from Zillow,

International Buyers Keep Cash in Miami

A new report from CoreLogic highlights improvements to the nation’s share of all cash sales. Unfortunately, it’s still high. It’s a new housing market in 2015. Policies are shifting, new legislation is being written, and in an eddying whirl

Diversified Real Estate Capital and Hines Brings $134 Million Luxury Apartment Development to Doral

Diversified Real Estate Capital, in a joint venture with Hines, the international real estate firm, will break ground on a 550-unit, $134 million luxury apartment development at 8800 Doral Boulevard in Doral this March. Construction is expected to be completed in 22

The Bond on Brickell Reaches Construction Milestone

Rilea Group’s The Bond on Brickell, a new 328-unit luxury condominium tower, has hit a construction milestone. The 44-story tower located at 1080 Brickell Avenue, in the heart of Downtown Miami’s Brickell Financial District, is set to top off

CoreLogic: Florida Stands Out in Foreclosures

The nation is healing, and as a result foreclosure inventories are thinning out across the nation. How did our city do? Foreclosure numbers responded positively to a healing economy in January, dropping significantly, CoreLogic’s National Foreclosure Report revealed. Total

Miami Association Elects 2015 Chairman

In a press release today, the Miami Association of Realtors officially announced the election of John Dohm, a consultant with Infinity Commercial Real Estate, as chairman of its 2015 board of directors. For over 30 years, Dohm has been

Come to Miami for Jobs, Not Affordability

Zillow compares employment and income growth to determine the best markets to be in right now. How did our city do? The nuances discerning a good economy from a bad one are plenty and complicated, but for a brief

Miami Just Got More Affordable

Home prices went up in 2014, and for some metros, affordability did too. For most homebuyers, especially those entering the market for the very first time, affordability is chief among concerns leading up to a purchase. In an analysis of

Broker’s Real Estate Investment Management Celebrates 10th Anniversary

The Broker’s Real Estate Investment Management celebrated their 10th year anniversary at the Diplomat Golf and Tennis Club in Hallandale Beach with a private gala event on Saturday, Feb. 28. Though, the celebration included more than just recognizing 10

Miami’s Future: Condos, Rental Rates and China

An annual report from Miami’s Downtown Development Authority revealed a healthy condo market, an ailing rental market and a future dependence on Chinese money. Early this week, the Miami Downtown Development Authority, using research from Integra Realty Resources, or

3 Graphs That Show How Inequality is Impacting Housing

Until the economy improves, housing will never fully recover – and the stats are not encouraging. Quite a bit of our reporting, in recent weeks, has focused on inequality and income disparity, and for good reason – a housing

Marina Palms Yacht Club & Residences Closes on $87M Construction Loan

Believed to be the largest construction loan made so far this year to a South Florida condominium developer, Marina Palms Yacht Club & Residences recently closed on an $87 million loan to fund construction of its second condominium tower.

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