Miami-based real estate developer Melo Group has closed on a $39.2 million loan from Florida Community Bank for the construction of the Bay House, a 38-story luxury condominium located in Miami’s East Edgewater neighborhood. Construction on the project began

Miami has become the second most popular real estate market for foreign homebuyers, according to a recent study from Realtor.com. Of the top three cities, Miami offers some of the lowest prices and interest rates. With a large number

It’s been a verifiable roller coaster ride the last couple years when it comes to housing inventory, but are we finally out of the woods? Housing inventory in the Miami housing market rose a whopping 26.8 percent year-over-year in

In the age of new urbanism, where does our metro area rank in terms of density and sprawl? “Density” and “sprawl” have become big buzzwords in housing the last couple of years, and for good reason. With gas prices,

The housing market has made considerable strides in the last 18 months, but all-cash sales are still in abundance. We’ll cut to the big stat – in Jan. 2014, the latest month for which data exists, a whopping 63.1

Sure, our area has some wonderful luxury housing markets, but in the grander scope of the market, how common are those million-dollar listings? We may hear about luxury real estate on a consistent basis, but luxury listings in the

RE/MAX Advance Realty (RMA), Miami’s largest RE/MAX office, is pleased to announce the addition of Mickey Lopez to its team. Lopez comes to RMA after nine years with Southeast Properties, where he specialized in commercial real estate sales. Before working

March was another solid month of price increases in the for-sale and rental markets, both locally and nationally. Miami’s asking-price fortunes continued in March, according to the latest Price Monitor from Trulia, with asking prices in the area’s housing

Affordability is often crunched into a single number, but how does it differ across the spectrum of salaries? The vast majority of Miami’s housing stock is unaffordable for someone earning a median salary. That was the central finding of

There are many uncertainties in the world, but here’s one thing we know for sure – progress has been made on the foreclosure front. Foreclosure inventory in the Sunshine State housing market dropped 39 percent year-over-year in February, according

Record-breaking prices, a resurgence of new luxury condos and the arrival of international architecture have made South Florida one of the world’s most desirable locations in 2013. At the forefront of this region’s luxury real estate market success is ONE

Our local market has made quite a bit of progress since 2011, but has it advanced too far? Housing bubble talk has grown strangely common the last few months, what with home prices nationally posting double-digit increases from where they were a

In the last four years, the U.S. apartment vacancy rate has been cut in half; what’s happened at the local level? Reis, Inc. released its latest report on the nation’s rental markets yesterday, and it featured a stunning statistic:

Miami was recently ranked No. 8 on HomeFinder.com’s list of the top 10 U.S. cities with the most upcoming open houses. With the average cost of an open house listing at $599,450, Miami has 48 upcoming open houses. Improvements

Home prices continued their ascent in February, according to the latest index from CoreLogic. Home prices in the Sunshine State increased 12.3 percent year-over-year in February, according to the latest Home Price Index from CoreLogic. That yearly total was

$1 million is a great deal of money…or is it? How much does $1 million really buy you in today’s real estate markets? How much housing does $1 million really buy you? That was the question behind a recent