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Hector Rabellino Joins Astor Real Estate Group

Hector Rabellino has joined Astor Real Estate Group as a sales associate. With more than 15 years of experience in sales and marketing, Rabellino has a long record of successfully guiding local, national and multi-national clients with their real

Construction Spending Surpasses National Average in Miami

Construction spending rises and falls throughout the country, helping and hindering markets struggling to refill dwindling inventories. Construction spending was up this past October, according to recently released figures from the U.S. Census Bureau. The increases, which amount to

How Qualifying Incomes Are Surprisingly Reasonable in Miami

At the end of the day, how much income do consumers need to qualify for certain mortgages in our housing market? In our most recent analysis of housing affordability, we looked at what percentage of our housing market’s inventory

CoreLogic Report: What Price Appreciation Says About Our National Economy

Stable, moderate price appreciation may tell a much larger economic story.   Though the pace of home sales has slowed throughout much of the nation, year-over-year price gains remain healthy, increasing in October yet again, making 32 months of

MiamiCentral Promises More Walkability and Affordability

New investment into transportation demonstrates Miami’s eagerness to modernize. In July, we ran an article touting Miami’s recent push for walkability. According to a report from The George Washington University School of Business, Miami, joining a much longer list

Midtown to Gain Many Firsts in New Condominium Development

Many firsts are coming to Midtown, a Miami neighborhood that struggled as a result of the housing crash, as Dezer Properties LLC, the Related Group and hotel management firm sbe prepare to break ground in 2015 on a new

$20 Million Blue Diamond Penthouse is Largest on the Market

A $20 million Miami Beach penthouse has just hit the market, making it the largest Miami Beach penthouse currently on the market. Previews® Property Specialist William P.D. Pierce has co-listed the penthouse with Meylin Rodriguez and Alex Gomez, who

Opera Tower: A Luxury Condominium in Downtown Miami

Downtown Miami is gaining another luxury condominium in the Opera Tower, a 56-story development overlooking Biscayne Bay. The mixed-use tower affords residents some of the most amazing views in Miami with prices at starting at $270,900. The development has

Fortune International Group’s Fernando de Nunez Named Director of Sales at Opera Tower

The Vice President of Fortune International Group’s International Division, Fernando de Nuñez, has been named as Director of Sales for Opera Tower, a luxury, 56-story condominium overlooking Biscayne Bay in Downtown Miami. Mr. de Nuñez will be responsible for leading

Miami Home Prices Defy National Trends in Latest Case-Shiller

While home prices slow nationwide, they just keep on increasing in our metro area. Exceeding expectations was the name of the game for home prices in the Miami housing market, which in September rose 10.3 percent year-over-year and 0.6 percent from August, according

Improving Sales Convince Miami Homeowners to Sell

Increased sales activity has reinvigorated homeowners, convincing many to sell. Strong demand and a willingness, if not an eagerness, to buy is helping Miami sellers regain confidence and further alleviate the long-standing inventory shortage that has crippled the local

Miami Among Least Affordable Metro Areas for Middle Class Buyers

The term “affordability” is thrown around quite a bit, but when it concerns the middle class, the scenario is all the more interesting. Miami is the tenth least affordable metro areas in the nation, with 41 percent of the area’s housing stock

Local Family Purchases Historic “Charles Graham House”

No longer on the market is Miami-Dade’s Historic Charles Graham House, which recently exchanged ownership for $450,000. Formally recognized by the Miami-Dade Historic Preservation board in 1985, the 107 year-old authentic and historic landmark has retained nearly all of

Miami One of Nation’s Top 10 Construction Markets

Our new construction market, according to new data, is among the nation’s best. Through September of 2014, Miami had the No. 8 new construction market in the country. According to fresh numbers from Dodge Data & Analytics, Miami’s construction starts for the

Miami Cash Sales Remain Steady in August

Cash investors continue to stay away from the real estate market, keeping cash sales relatively low. Cash sales remain steady in the month of August, according to a new report from CoreLogic. Though the market is continue to shed

Florida Homebuyers an Excited, Cautious, Optimistic Lot

The emotions that Florida homebuyers most often experience may surprise you. Homebuyers experience many emotions when searching for a home, but what emotions do Florida homebuyers experience the most often?  That was the question of a BMO Harris study

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